IIA IIA-IAP Practice Test - Questions Answers, Page 3

Which of the following best describes the purpose of a detailed engagement risk assessment?

Duties in a purchasing system are segregated and performed by different people. One person orders the goods, another person receives the goods, and another pays for the goods. This is an example of which of the following controls?

Which of the following activities would compromise the independence of the internal audit activity and therefore should not be performed by an internal auditor?

What is the primary objective for testing controls?

The engagement supervisor is coordinating an audit of investments and needs to select an audit team member to determine the test attributes. Which of the following team members is most appropriate for the engagement supervisor to select?

Which of the following would an internal auditor most likely use to document a complex process that includes risks and controls, timelines, and ownership of key steps?

Which of the following is the most important initial action for a chief audit executive to perform when establishing a new internal audit activity?

As part of the annual training plan, the chief audit executive (CAE) has arranged for a local audit training institute to provide an in-house training session for the internal audit team. Which of the following best explains the primary purpose of this approach?

An internal auditor is reporting on the organization's asset management system. Which of the following would likely add the greatest value to the organization?