Free IIA IIA-ACCA Exam Questions
Absolute Free IIA-ACCA Exam Practice for Comprehensive Preparation
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IIA IIA-ACCA Exam Questions
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Provided By: IIA
- Exam: ACCA CIA Challenge
- Certification: Certified Internal Auditor
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Total Questions: 610
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Updated On: Nov 26, 2020
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Rated: 4.9 |
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Online Users: 1220
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Question 1
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An internal auditor is conducting an assessment of the organization's fraud prevention program using the COSO enterprise risk management framework. According to this framework, which of the following activities would fall under the control environment component for preventing fraud?1. The organization uses an automated authority approval matrix to control payments.2. The organization has a whistleblower hotline that is available to employees.3. Annually, every manager completes a comprehensive fraud assessment of his or her department.4. Annually, the organization reviews and communicates the code of expected behavior.
Answer: D
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Question 2
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Which of the following is an effective approach for internal auditors to take to improve collaboration with audit clients during an engagement?1. Obtain control concerns from the client before the audit begins so the internal auditor can tailor the scope accordingly.2. Discuss the engagement plan with the client so the client can understand the reasoning behind the approach.3. Review test criteria and procedures where the client expresses concerns about the type of tests to be conducted.4. Provide all observations at the end of the audit to ensure the client is in agreement with the facts before publishing the report.
Answer: A
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Question 3
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An internal auditor is reviewing the accounts receivable when she discovers account balances more than three years old. The auditor was previously supervising the area during this time, and she subsequently advises the chief audit executive (CAE) of a potential conflict.Which of the following is the most appropriate course of action for the CAE to take?
Answer: A
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Question 4
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Which of the following is a requirement for an assurance engagement that may not be for a consulting engagement?
Answer: B
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Which of the following is a requirement for an assurance engagement that may not be for a consulting engagement?
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Question 5
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Which of the following situations would justify the removal of a finding from the final audit report?
Answer: C
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Which of the following situations would justify the removal of a finding from the final audit report?