IIA-CIA-Part2 Practice Questions

A.  

Communicate the corrected information to the manager of the audited department.

B.  

There should be a follow-up audit to address the error or omission.

C.  

The auditor should update the scope of the audit to include the omission.

D.  

The corrected communication should be redistributed to the original recipients.

A.  

Expertise in IT general controls

B.  

Understanding of change management processes

C.  

Proficiency in using design software

D.  

Fluency in multiple programming languages

A.  

Ensure the testimonials are well documented

B.  

Substantiate the testimonials with physical or documentary evidence

C.  

Corroborate testimonials with the results from other soft control techniques

D.  

Review the testimonials with the interviewed employees

A.  

Express an opinion on the participants' inputs and conclusions as the assessment progresses.

B.  

Provide appropriate techniques and guidelines on how the exercise should be undertaken.

C.  

Evaluate and report on all issues that may be uncovered during the exercise.

D.  

Screen and vet participants so that the most appropriate candidates are selected to participate in the exercise.

A.  

Review a random sample of concluded disciplinary reports to assess how the policy was applied in each case.

B.  

Interview a sample of impacted employees for their opinions on the clarity and fairness of the policy.

C.  

Observe several disciplinary hearings to determine whether they are in compliance with the policy.

D.  

Conduct an interview to assess the disciplinary hearing chairman’s understanding of the policy and its appropriate use.

A.  

Inform senior management that the branch manager decided to cancel the committed action plan without any previous communication.

B.  

Discuss the issue with the board, which has ultimate responsibility to resolve this risk.

C.  

Have another discussion with the branch manager, attempt to change his view, and encourage him to implement the recommendations.

D.  

Document the branch manager’s decision to accept the risk; otherwise, no other specific course of action is required.

A.  

The engagement supervisor must notify the chief audit executive (CAE) that the deficiencies have not been rectified

B.  

The engagement supervisor should rely on professional judgment as to whether the CAE should be informed, or the management action plan should be adjusted

C.  

The engagement supervisor should rely on his negotiation skills and issue an ultimatum to management to remedy the control deficiencies

D.  

Ensure that these deficiencies are captured in the documentation as high-priority areas to be reviewed during the next audit.

A.  

Develop the scope of the audit based on a bottom-up perspective to ensure that all business objectives are considered.

B.  

Develop the scope of the audit to include controls that are necessary to manage risk associated with a critical business objective.

C.  

Specify that the auditors need to assess only key controls, but may include an assessment of non-key controls if there is value to the business in providing such assurance.

D.  

Ensure the audit includes an assessment of manual and automated controls to determine whether business risks are effectively managed.

A.  

Salary and status.

B.  

Responsibility and advancement

C.  

Work conditions and security.

D.  

Peer relationships and personal life

A.  

Impact cannot be represented on a heat map unless it is quantified in financial terms

B.  

Impact and likelihood at times cannot be differentiated as to which is more important.

C.  

A heat map cannot be used unless a risk and control matrix has been developed.

D.  

Qualitative factors cannot be incorporated into a heat map

A.  

Reviewing quality department survey results, which show 96% of employees believe all defective products are removed prior To shipping.

B.  

Physically inspecting a sample of completed processing cycles for detective products prior to shipment.

C.  

Observing employees while they raped products for defects

D.  

Reviewing a quality report provided by management mat snows 13 products were identified and removed during me most recent processing cycle

A.  

Customer satisfaction index has to be 90% each quarter.

B.  

Ten rapid charging stations will be installed next year.

C.  

The organization aims to decrease the budget by 10%.

D.  

The organization will be carbon neutral within 5 years.

A.  

The CAF obtains a formal response from senior management regarding the corrective actions they plan to take w address the recommendations.

B.  

The CAE develops a tracking system to monitor the stains of engagement recommendations reported to management for action

C.  

The CAE communicates with impacted department managers to determine whether corrective actions have addressed engagement recommendations

D.  

The CAE works with the engagement supervisor to monitor the recommendations issued to management for corrective action

A.  

A scheduled audit observed that several agreed improvements from the previous audit were still being implemented.

B.  

A planned inventory count at the production plant revealed a material variance.

C.  

An employee shared concerns of suspected fraud but did not provide evidence.

D.  

An auditor responsible for the fieldwork has carried out only half of the planned audit procedures and has no observations so far.

A.  

A procurement manager does not have the expected academic credentials for his position

B.  

A salesperson frequently complains about the organization's policy on sales commissions.

C.  

The accounts payable supervisor has requested advances against her monthly salary on several occasions

D.  

A financial accountant is absent from work frequently due to regular medical procedures