Free IIA IIA-CHAL-QISA Exam Dumps Questions & Answers

Which of the following would be the most effective fraud prevention control?

• A.  Email alert sent to management for checks issued over S100.000.
• B.  installation of a video surveillance system in a warehouse prone to inventory loss
• C.  Daily report that Identifies unsuccessful system log-in attempts
• D.  New hire training to explain fraud and employee misconduct.

Which of the following processes does the board manage to ensure adequate governance?

• A.  Develop, approve, and execute the strategic plan of the organization
• B.  Establish and measure performance objectives for the internal audit activity
• C.  Develop strategies to mitigate the risks to achieving the organization's objectives
• D.  Select board members with necessary knowledge and skills.

A chief audit executive is developing the annual audit plan.
Which factor should receive the HIGHEST priority?

• A.  Requests from operational managers.
• B.  Departments with the largest budgets.
• C.  Areas with the greatest residual risk.
• D.  Areas not audited during the prior year.

Which of the following steps should an internal auditor complete when conducting a review of an electronic data interchange application provided by a third-party service?
1. Ensure encryption keys meet ISO standards.
2. Determine whether an independent review of the service provider's
operation has been conducted.
3. Verify that the service provider's contracts include necessary
clauses.
4. Verify that only public-switched data networks are used by the
service provider

• A.  1 and 3.
• B.  1 and 4
• C.  2 and 3.
• D.  2 and 4.

A newly appointed chief audit executive (CAE) started analyzing the organization's policies in an attempt to customize them to address internal audit specifics. Which of the following organizationwide practices is most likely to be acceptable to the CAE?

• A.  To enhance efficiency, Internal auditors should not be rotated regularly among engagements
• B.  Hiring practices include requiring potential auditors to disclose any significant stock ownership in the organization.
• C.  Standard training for each employee, including internal auditors, is 10 hours per year.
• D.  Internal auditors' performance evaluation is primarily based on both client satisfaction surveys and cost savings identified from the audits