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: May 11, 2025
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Rated: 4.9 |
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Online Users: 1220
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Question 1
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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 2
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After the team member who specialized in fraud investigations left the internal audit team, the chief audit executive decided to outsource fraud investigations to a third party service provider on an as needed basis. Which of the following is most likely to be a disadvantage of this outsourcing decision?
Answer: C
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After the team member who specialized in fraud investigations left the internal audit team, the chief audit executive decided to outsource fraud investigations to a third party service provider on an as needed basis. Which of the following is most likely to be a disadvantage of this outsourcing decision?
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Question 3
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Which of the following is not a primary reason for outsourcing a portion of the internal audit activity?
Answer: D
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Which of the following is not a primary reason for outsourcing a portion of the internal audit activity?
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Question 4
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Which of the following describes the result if an organization records merchandise as a purchase, but fails to include it in the closing inventory count?
Answer: B
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Which of the following describes the result if an organization records merchandise as a purchase, but fails to include it in the closing inventory count?
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Question 5
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A code of business conduct should include which of the following to increase its deterrent effect?1. Appropriate descriptions of penalties for misconduct.2. A notification that code of conduct violations may lead to criminal prosecution.3. A description of violations that injure the interests of the employer.4. A list of employees covered by the code of conduct.
Answer: A
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