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IIA IIA-CIA-Part1 Exam Sample Questions


Question # 1

Which of the following represents the most effective governance structure?
I.
Operating
Executive
Internal
Management
Management
Auditing
Responsibility for risk
Oversight role
Advisory role
II.
Oversight role
Responsibility for risk

Advisory role
III.
Responsibility for risk
Advisory role
Oversight role
IV.
Oversight role
Advisory role
Responsibility for risk

A.

I Only

B.

II

C.

III

D.

IV



A.

I Only






Question # 2

For a bank handling large amounts of cash,which of the following types of control would be
the most effective to use?

A.

Detective controls.

B.

Corrective controls.

C.

Preventive controls.

D.

Directive controls.



C.

Preventive controls.






Question # 3

Which of the following statements is true regarding the use of non-statistical sampling in
auditing control tests?

A.

It considers tolerable deviation rate more effectively than does statistical sampling.

B.

Sampling risk will be accurately quantified through non-statistical sampling.

C.

Non-statistical sample results must be projected to the population.

D.

Lesser evidence is required to support a conclusion than for statistical sampling.



C.

Non-statistical sample results must be projected to the population.






Question # 4

An internal auditor for a large computer company suspects that returned computer systems
are being repackaged as new products and shipped to other customers before the defects
have been repaired. Which of the following would be the most persuasive piece of
evidence in support of the auditor's suspicions?

A.

Credit memos issued after year end for goods shipped before year end.

B.

Evidence of returned goods in the shipping and receiving area.

C.

An unusual number of customer complaints.

D.

The results of a complete physical inventory taken at year end.



C.

An unusual number of customer complaints.






Question # 5

An auditor is using audit software to check inventory accuracy. Which of the following
would be an indicator of poor input edit controls?

A.

Negative quantities on hand.

B.

Total dollar values of zero for some parts.

C.

Alpha characters in the field for order lead time.

D.

Reorder levels set too high.



C.

Alpha characters in the field for order lead time.





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