Free IIA IIA-ACCA Exam Dumps Questions & Answers

According to IIA guidance, which of the following is least compliant with the requirements regarding an internal auditor's need for objectivity?

• A.  An internal auditor assessed the effectiveness of controls over payroll software, which he had helped implement with a previous employer.
• B.  An internal auditor performed an assurance engagement for the effectiveness of accounts payable access controls, one of which he previously helped to design.
• C.  An internal auditor participated in an audit of controls around absenteeism, despite providing some consultation on controls in this area earlier in the year.
• D.  An internal auditor, previously employed in the quality assurance operations area, performed a consulting engagement for the operations manager.

The first step in determining product price is:

• A.  Determining the cost of the product.
• B.  Selecting a pricing method.
• C.  Evaluating prices set by the competitors.
• D.  Developing pricing objectives.

While preparing for an audit of senior management expenses, the chief audit executive (CAE) learns that management is unable to locate a number of original expense claims to support the related disbursements. She decides to defer the engagement until they can be located. Which of the following principles likely guided the CAE's decision?

• A.  Objectivity.
• B.  Proficiency.
• C.  Due professional care.
• D.  Independence.

Which of the following professional organizations sets standards for quality and environmental audits?

• A.  The Board of Environmental, Health, and Safety Auditor Certifications.
• B.  The International Organization of Supreme Audit Institutions.
• C.  The International Standards Organization.
• D.  The Committee of Sponsoring Organizations of the Treadway Commission.

According to IIA guidance, which of the following describes the primary reason to implement environmental and social safeguards within an organization?

• A.  To enable Triple Bottom Line reporting capability.
• B.  To fulfill regulatory and compliance requirements.
• C.  To achieve and maintain sustainable development.
• D.  To facilitate the conduct of risk assessment.