IIA IIA-CIA-Part2 Übungsprüfungen
Zuletzt aktualisiert am 06.05.2025- Prüfungscode: IIA-CIA-Part2
- Prüfungsname: CIA Exam Part Two: Practice of Internal Auditing
- Zertifizierungsanbieter: IIA
- Zuletzt aktualisiert am: 06.05.2025
Which of the following should be described in the recognition element of a typical internal audit repot?
- A . Positive aspects of the process or area under review
- B . A brief synopsis of the process of area under review
- C . Outcomes and ratings of the process or area under review
- D . Report issuance and the communication process of the engagement.
An internal audit team leader is having difficulties completing the planning phase of an assurance engagement because the business unit lacks a system of internal controls.
Which of the following is the most appropriate course of action for the internal audit team leader?
- A . Defer the engagement until a system of internal control has been established
- B . Change the scheduled engagement from assurance to consulting to help correct the shortcomings
- C . Add a consulting component to the already scheduled assurance engagement
- D . Seek the involvement of the external auditor to assist with improving the internal controls
Which of the following is an appropriate responsibility for the internal audit activity with regard to the organization’s risk management program?
- A . Identifying and managing risks in line with the entity’s risk appetite.
- B . Ensuring that a proper and effective risk management process exists.
- C . Attaining an adequate understanding of the entity’s key mitigation strategies.
- D . Identifying and ensuring that appropriate controls exist to mitigate risks.
What is the best course of action for a chief audit executive if an internal auditor identifies in the early stage of an audit that some employees have inappropriate access to a key system?
- A . Contact the audit committee chair to discuss the finding
- B . Obtain verbal assurance from management that the inappropriate access will be removed
- C . Issue an interim audit report so that management can implement action plans
- D . Ask the auditor to create a ticket with the IT help desk requesting to revoke the inappropriate access
What is the best course of action for a chief audit executive if an internal auditor identifies in the early stage of an audit that some employees have inappropriate access to a key system?
- A . Contact the audit committee chair to discuss the finding
- B . Obtain verbal assurance from management that the inappropriate access will be removed
- C . Issue an interim audit report so that management can implement action plans
- D . Ask the auditor to create a ticket with the IT help desk requesting to revoke the inappropriate access
What is the best course of action for a chief audit executive if an internal auditor identifies in the early stage of an audit that some employees have inappropriate access to a key system?
- A . Contact the audit committee chair to discuss the finding
- B . Obtain verbal assurance from management that the inappropriate access will be removed
- C . Issue an interim audit report so that management can implement action plans
- D . Ask the auditor to create a ticket with the IT help desk requesting to revoke the inappropriate access
What is the best course of action for a chief audit executive if an internal auditor identifies in the early stage of an audit that some employees have inappropriate access to a key system?
- A . Contact the audit committee chair to discuss the finding
- B . Obtain verbal assurance from management that the inappropriate access will be removed
- C . Issue an interim audit report so that management can implement action plans
- D . Ask the auditor to create a ticket with the IT help desk requesting to revoke the inappropriate access
An internal auditor accessed accounts payable records and extracted data related to fuel purchased tor the organization’s vehicles As a first step, she sorted the data by vehicle and used spreadsheet functions to identify all instances of refueling on the same or sequential dates She then performed other tests.
Based on the auditor’s actions which of the following is most likely the objective of this engagement1?
- A . To identify whether fuel was purchased for work-related purposes
- B . To estimate future fuel costs for the organization’s fleet of vehicles
- C . To determine trends in average fuel consumption by vehicle
- D . To determine whether the organization is paying more than the industry average for fuel
At a construction company, an internal auditor is planning an audit of the company’s process for designing and building grid connections.
The process involves customers making payments m three parts
• The first payment of 10% after approval of the customer s application
• The second payment of 70% prior to construction
• The third payment of 20% after construction is complete
Which of the following key controls should the auditor test to ensure that the company is not taking any unwanted credit risks?
- A . Controls that ensure that grid connection design is finalized before construction is approved to begin
- B . Controls that ensure construction orders are initiated after the second invoice is paid
- C . Controls that ensure all three invoices are calculated correctly according to the total project cost
- D . Controls that ensure that applications are verified for approval prior to initiating design and construction
As part of internal audit’s assistance with an annual external audit, the internal auditors are required to do a preliminary analytical review of an bank account balances. This involves verifying the current year end balances as web as comparing the current year end balances with previous year end balances to highlight significant changes.
Which of the following is the most reliable source for verification of the current year end bank balances?
- A . Bank confirmations
- B . Internal bonk statements
- C . Bank reconciliations as of the end of the year
- D . Bank account general ledger balancer as of the end of the year