IIA IIA-CIA-Part2 Practice Test - Questions Answers, Page 11

According to IIA guidance, which of the following factors should the auditor in charge consider when determining the resource requirements for an audit engagement?

According to IIA guidance, which of the following is least likely to be a key financial control in an organization's accounts payable process?

Which of the following is an appropriate role for the internal audit activity with regard to the organization's risk management program?

Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?

During an audit of the accounts receivable (AR) process, an internal auditor noted that reconciliations are still not performed regularly by the AR staff, a recommendation that was made following a previous audit. Monitoring by the financial reporting function has failed to detect the shortcoming. Both the financial reporting function and AR report to the controller, who is responsible for implementing action plans. Which of the following supports the internal auditor's decision to combine both observations into one reported finding?

A chief audit executive (CAE) received a detailed internal report of senior management's internal control assessment. Which of the following subsequent actions by the CAE would provide the greatest assurance over management's assertions?

Which of the followings statements describes a best practice regarding assurance engagement communication activities?

An engagement team is being assembled to audit of one of the organization's vendors Which of the following statements best applies to this scenario?

When me internal audit activity does not have sufficient time to complete its usual root cause analysis which c4 the following is most appropriate?