IIA IIA-IAP Practice Test - Questions Answers, Page 4

Which of the following is an important consideration when providing quality audit communications?

An internal auditor is performing an internal control assessment at a manufacturing company. The auditor observed that the accounts payable clerks have the ability to create new vendors without management's review and approval. How should the auditor document this observation?

Which of the following is an example of criteria in an engagement communication?

Which of the following best demonstrates that appropriate and sufficient resources were allocated to an audit engagement to achieve its objectives?

Operational management has asked the internal auditor for recommendations regarding an ineffective process. According to IIA guidance, which of the following would be the auditor's most appropriate response?

During an assurance engagement of an organization's procurement process, an internal auditor obtained the policy that specified the authorized dollar limits for invoices. This document would best support which of the following attributes of an audit report?

A member of the internal audit team worked eight months ago in an area of the organization that she is now being tasked with auditing. Which of the following would most likely be impacted by her participation in the audit?

Which of the following best describes the difference between inherent risk and residual risk?

Which of the following best explains why internal auditors should identify risk scenarios during a risk assessment of the area being audited?