Free Access IIA.IIA-CIA-Part1.v2025-05-21.q605 Practice Test (Page 103)

Question 506

In which of the following functions would fraud be most likely to occur?

A.Approving changes to employee records.

B.Preparing customer statements.

C.Maintaining custody of inventory records.

D.Collecting payments on accounts.

Question 507

Which of the following tests would most likely help discover a fictitious invoice?

A.Search for duplicate payment amounts.

B.Check employee bank records against invoice amounts.

C.Match cancelled checks to invoices.

D.Compare vendor addresses to employee addresses.

Question 508

According to IIA guidance, which of the following statements is true regarding the internal audit activity's quality assurance and improvement program (QAIP)?

A.Internal assessments rely solely on the review of completed audit engagements for demonstrated performance.

B.The chief audit executive is responsible for assessing the suitability and competence of an external assessor.

C.QAIP results must first be discussed with the board and approval obtained for distribution to senior management.

D.At the board's discretion, the frequency of external assessments can exceed the five-year guideline.

Question 509

Which of the following actions should the internal audit activity take during an audit engagement when examining the effectiveness of risk management processes?

A.Verify that organizational objectives are aligned with each department's objctives.

B.Evaluate how the organization manages fraud risk

C.Ensure risk responses are aligned with industry standards.

D.Establish procedures for improving risk management processes.

Question 510

An auditor in charge was reviewing the workpapers submitted by a newly hired internal auditor. She noted that the new auditor's analytical work did not include any rating or quantification of the risk assessment results, and she returned the workpapers for correction. Which section of the workpapers will the new auditor need to modify?

A.Criteria section.

B.Condition section.

C.Cause section.

D.Effect section.

Other Version: 5616IIA.IIA-CIA-Part1.v2024-09-23.q699; 3030IIA.IIA-CIA-Part1.v2023-11-09.q158; 3580IIA.IIA-CIA-Part1.v2023-04-17.q104; 7726IIA.IIA-CIA-Part1.v2023-03-29.q231; 4704IIA.IIA-CIA-Part1.v2023-02-22.q207; 5134IIA.IIA-CIA-Part1.v2023-02-14.q152; 5043IIA.IIA-CIA-Part1.v2023-02-01.q147; 4322IIA.IIA-CIA-Part1.v2022-07-16.q118; 5376IIA.IIA-CIA-Part1.v2022-02-22.q141; 126IIA.Prepawayete.IIA-CIA-Part1.v2021-09-10.by.earl.163q.pdf

Latest Upload: 204PaloAltoNetworks.NGFW-Engineer.v2026-05-01.q43; 305Nokia.4A0-113.v2026-05-01.q69; 278EC-COUNCIL.312-49v11.v2026-04-30.q214; 230Microsoft.MB-820.v2026-04-30.q101; 213Salesforce.MC-202.v2026-04-30.q57; 208BICSI.INSTC_V8.v2026-04-29.q53; 340NMLS.MLO.v2026-04-28.q82; 245NCARB.Project-Management.v2026-04-28.q27; 466EMC.D-AV-DY-23.v2026-04-27.q184; 1127ServiceNow.CSA.v2026-04-27.q483

Question 506

Question 507

Question 508

Question 509

Question 510

Download PDF File