IIA IIA-CIA-Part2 Practice Test - Questions Answers, Page 23

Which of the following manual audit approaches describes testing the validity of a document by following it backward to a previously prepared record?

An internal auditor wants to compare performance information from one quarter to another. Which analytics procedure would the auditor use?

An internal auditor wanted to determine whether the organization's 200 employees are charging their work hours accurately to the correct project. The internal auditor selected a sample of 30 employee time reports for testing. Based on the testing, the internal auditor determined the following:

- 5 Time reports were incorrect.

- 21 Time reports were correct.

- 4 Time reports were not supported.

The chief audit executive (CAF) determined that the residual risk identified in an assurance engagement is acceptable. When should this be communicated to senior management?

Which of the following information is most appropriate for the chief audit executive to share when coordinating audit plans with other internal and external assurance providers?

An internal auditor s testing tor proper authorization of contracts and finds that the rate of deviations discovered in the sample is equal to the tolerable deviation rate. When of the following is the most appropriate conclusion for the internal auditor to make based on this result?

According to IIA guidance, which of the following would be considered necessary for a one-person audit function?

During the planning phase of an assurance engagement, an internal auditor seeks to gam an understanding of now when the area under review is accomplishing its objectives When of the

Following information-gathering techniques is the auditor most likely to use?

What is the purpose of an internal control questionnaire?