IIA IIA-CIA-Part2 Practice Test - Questions Answers, Page 29

Which of the following would most Holy reflect the best possible engagement objectives?

Which of the following risk assessment approaches involves gathering data from work team representing different levels of an organisation?

A senior internal auditor is hired within the internal audit activity for a period of two years before advancing to an operations manager role within the business operations team. When staffing arrangement is being used in this scenario?

The head of customer service asked the chief audit executive (CAE) whether eternal auditors could assist her staff with conducting a risk self-assessment in the customer service department. The CAE promised to meet with customer service managers analyze relevant business processes, and come up with a proposal. Who is most likely to be the final approver of the engagement objectives and scope?

An internal auditor is conducting a preliminary survey of the investments area, and sends an internal control questionnaire to the management of the function. (An extract of the survey is provided below).

1. Are there any restrictions for any company's investments?

2. Are there any written policies and procedures that document the flow of investment processing?

3. Are investment purchases recorded in the general ledger on the date traded?

4. Is the documentation easily accessible to an persons who need in to perform their job?

Which of the following is a drawback of testing methods like this?

Internal control questionnaires are used to achieve which of the following objectives?

Acceding to IIA guidance, which of the following statements is true regarding the risk assessment process performed by the internal audit activity?

According to IIA guidance, when would an interim report typically be produced?

Acceding to IIA guidance, when of the Mowing is an assurance service commonly performed by the internal audit activity?