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  1. Home
  2. IIA
  3. Practice of Internal Auditing
  4. IIA.IIA-CIA-Part2.v2024-07-23.q159
  5. Question 1

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Question 1/159

According to IIA guidance, which of the following are potential benefits of using an assurance map?

Correct Answer: C

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Other Question (159q)
Q1. According to IIA guidance, which of the following are potential benefits of using an assur...
Q2. An internal auditor is assigned to conduct an audit of security for a local area network (...
Q3. During a consulting engagement, an internal auditor identifies new risks which will impact...
Q4. According to IIA guidance, which of the following accurately describes the responsibilitie...
Q5. According to IIA guidance, which of the following strategies would add the least value to ...
Q6. Which of the following is a responsibility of the internal auditor once a fraud investigat...
Q7. Which of the following statements is correct regarding the assessment of risk in the annua...
Q8. An auditor evaluating excessive product rejection rates should investigate: I. Communicati...
Q9. Which of the following is an advantage to using the questionnaire approach when conducting...
Q10. Which of the following evaluation criteria would be the most useful to help the chief audi...
Q11. According to IIA guidance, which of the following is least likely to be a key financial co...
Q12. A bakery chain has a statistical model that can be used to predict daily sales at individu...
Q13. An internal auditor is planning to audit the organization's payroll function, which was re...
Q14. Ordinarily, which of the following would not be an objective of an internal audit quality ...
Q15. Which of the following is the correct ratio to use in calculating the dollar value of the ...
Q16. An organization has recently incurred significant cost overruns on one of its construction...
Q17. Which of the following trends found on financial reports would most likely indicate a poss...
Q18. A company has recently incurred significant cost overruns on one of its construction proje...
Q19. The scope of a business process review primarily involves:...
Q20. An audit of a Web-based third-party payment processor determined that a programming error ...
Q21. Senior management of an organization has requested that the internal audit activity provid...
Q22. During an audit of a contract for computer security, a governmental auditor finds that a c...
Q23. What is the primary factor that determines the depth and breadth of audit follow-up?...
Q24. Which of the following recommendations made by the internal audit activity (IAA) is most l...
Q25. The chief audit executive established an internal audit activity (IAA) performance standar...
Q26. Which of the following best defines an audit opinion?...
Q27. Questions used to interrogate individuals suspected of fraud should:...
Q28. A chief audit executive (CAE) following up on action plans from previously completed audit...
Q29. A company used simple regression analysis to analyze maintenance costs against machine hou...
Q30. An audit of a Web-based third-party payment processor determined that a programming error ...
Q31. Which of the following potential performance measures should an auditor recommend excludin...
Q32. According to IIA guidance, which of the following is true about the supervising internal a...
Q33. Which of the following is correct with respect to roles within an enterprise-wide risk man...
Q34. Which of the following types of contracts would provide the least incentive for a contract...
Q35. The internal audit manager has been delegated the task of preparing the annual internal au...
Q36. During a fraud interview, it was discovered that unquestioned authority enabled a vice pre...
Q37. During an audit of an ethics program, which of the following procedures are most appropria...
Q38. According to IIA guidance,when performing a compliance audit of data security standards fo...
Q39. An audit engagement objective at a manufacturer is to determine the quality of raw materia...
Q40. A company owns a machine that will produce 100 light switches in four hours. Due to increa...
Q41. Which role is not considered a change agent when an organization wants to implement struct...
Q42. Which of the following factors should a chief audit executive consider when determining th...
Q43. In which of following scenarios is the internal auditor performing benchmarking?...
Q44. According to the Standards, which of the following is an attribute when applied to the obs...
Q45. Which of the following is a detective control for managing the risk of fraud?...
Q46. An auditor plans to analyze customer satisfaction, including: (1) customer complaints reco...
Q47. Which of the following potential performance measures should an auditor recommend excludin...
Q48. A report prepared by the internal audit activity contains several observations that disclo...
Q49. According to IIA guidance, which of the following accurately describes the responsibilitie...
Q50. While reviewing the draft report of an audit engagement, the chief audit executive (CAE) i...
Q51. When performing a compliance audit of the organization's outsourced services, which of the...
Q52. According to IIA guidance, which of the following are acceptable strategies for an interna...
Q53. A chief audit executive (CAE) received a detailed internal report of senior management's i...
Q54. CORRECT TEXT A fast-food company is developing a computer simulation involving arrival tim...
Q55. The internal audit activity of an organization obtained approval to add a senior auditor t...
Q56. An internal auditor has completed an audit of an organization's activities and is ready to...
Q57. Which of the following are advantages of flowcharts over internal control questionnaires''...
Q58. A recent survey indicated that residents of a small town take the train to a nearby city e...
Q59. Which of the following would most likely contribute to discrepancies between receiving rep...
Q60. Which of the following statements is true pertaining to interviewing a fraud suspect? 1. I...
Q61. An internal auditor has completed an audit of an organization's activities and is ready to...
Q62. The most effective way for internal auditors to enhance the reliability of computerized fi...
Q63. An internal auditor would most likely use attributes sampling when testing which of the fo...
Q64. What type of analysis is performed when an auditor tests for unusual variations in informa...
Q65. The chief audit executive (CAE) decided that based on management's oral response, the acti...
Q66. Which of the following is an advantage of control self-assessment (CSA) over conventional ...
Q67. An internal auditor is reviewing a new automated human resources system. The system contai...
Q68. Production managers for a manufacturing company are authorized to prepare emergency purcha...
Q69. Which of the following has the greatest effect on the efficiency of an audit?...
Q70. When performing a compliance audit of the organization's outsourced services, which of the...
Q71. Which of the following best defines an engagement conclusion?...
Q72. A post-audit questionnaire sent to audit clients is an effective mechanism for:...
Q73. Which of the following components should be included in an audit finding? 1. The scope of ...
Q74. When estimating the impact of an inherent risk, which of the following should internal aud...
Q75. A chief audit executive (CAE) of a major retailer has engaged an independent firm of infor...
Q76. Which of the following actions by management would reduce an employee's opportunity to com...
Q77. When forming an opinion on the adequacy of management's systems of internal control, which...
Q78. When determining if appropriate resources exist to achieve engagement objectives, which of...
Q79. According to IIA guidance, which of the following statements best justifies a chief audit ...
Q80. An internal auditor compares real-time gasoline production data to corresponding final gas...
Q81. An engagement work program o of greatest value to audit management when which of the follo...
Q82. An auditor is performing a review of a complex process to identify opportunities to increa...
Q83. Which of the following is a preventive control for fraud?...
Q84. Acceding to IIA guidance, when of the Mowing is an assurance service commonly performed by...
Q85. A governmental auditor was assigned to determine reasons why the students in one region sc...
Q86. During the quarterly review of the internal audit activity's performance, the chief audit ...
Q87. The chief audit executive can illustrate the value of the internal audit activity by repor...
Q88. An audit engagement objective at a manufacturer is to determine the quality of raw materia...
Q89. According to the International Professional Practices Framework, which of the following si...
Q90. The scope of a consulting engagement performed by internal auditors should:...
Q91. Which of the following performance criteria would be most useful when measuring the perfor...
Q92. What is the most important risk in determining the validity of construction delay claims?...
Q93. Which of the following is the most common method management can use to manage risk within ...
Q94. Why should internal auditors develop a strong relationship with the external auditors?...
Q95. During which of the following systems development stages would it be most useful for an in...
Q96. Which method of examining entity-level controls involves gathering information from work g...
Q97. A corporate merger decision prompts the chief audit executive (CAE) lo propose interim cha...
Q98. The chief audit executive of a medium-sized financial institution is evaluating the staffi...
Q99. During which of the following systems development stages would it be most useful for an in...
Q100. New environmental regulations require the board to certify that the organization's reporte...
Q101. A large retail organization, which sells most of its products online, experiences a comput...
Q102. The newly appointed chief audit executive (CAE) of a large multinational corporation, with...
Q103. Which of the following is least likely to vary when conducting audit engagements in differ...
Q104. An internal auditor discovered that a new employee was granted inappropriate access to the...
Q105. An organization's policies allow buyers to authorize expenditures up to $50,000 without an...
Q106. According to the International Professional Practices Framework, which of the following is...
Q107. Which of the following factors could interfere with effective problem solving by an intern...
Q108. An internal auditor is planning a consuming engagement and the objective is to identify op...
Q109. Management requested the chief audit executive (CAE) to include an audit of the organizati...
Q110. An auditor is performing a review of a complex process to identify opportunities to increa...
Q111. Which of the following conclusions would be appropriate for a beginning auditor performing...
Q112. During a payroll audit of a large organization, an internal auditor noted that the assista...
Q113. During an audit of an ethics program, which of the following procedures are most appropria...
Q114. In forming a team to investigate an organization's potential adoption of an activity-based...
Q115. When conducting a performance appraisal of an internal auditor who has been a below-averag...
Q116. Which of the following data collection strategies systematically tests the effects of vari...
Q117. Which of the following would be most helpful to a governmental auditor searching for the e...
Q118. Which of the following is used to identify and prioritize critical business applications t...
Q119. Which of the following is the most appropriate step for the chief audit executive to take ...
Q120. What is the most likely source of information for a detailed schedule of a company's insur...
Q121. Which of the following processes real-transaction data through auditor-developed test prog...
Q122. According to IIA guidance, which of the following would not be a consideration for the int...
Q123. Which of the following statements is false regarding roles and responsibilities pertaining...
Q124. An audit of a company's accounts payable found that the individuals responsible for mainta...
Q125. The chief audit executive (CAE) of an organization has established an internal audit activ...
Q126. During an assurance engagement, an internal auditor discovered that a sales manager approv...
Q127. Questions used to interrogate individuals suspected of fraud should:...
Q128. A staff auditor, nearly finished with an audit engagement, discovers that the director of ...
Q129. A recent survey indicated that residents of a small town take the train to a nearby city e...
Q130. Which of the following actions best describes an internal auditor's use of test data to de...
Q131. Which of the following would cause a company's accounts receivable turnover ratio to decre...
Q132. Where should internal auditor focus their attention when identify and assessing key risks ...
Q133. Which of the following sources of testimonial evidence would be considered the most reliab...
Q134. According to the Standards, which of the following describes the condition attribute when ...
Q135. The final engagement communication contains the following observation: The internal audito...
Q136. Which of the following statements is correct regarding the use of a program evaluation and...
Q137. As part of internal audit's assistance with an annual external audit, the internal auditor...
Q138. Which of the following situations would justify the removal of a finding from the final au...
Q139. In which of the following situations has an internal audit of obtained physical evidence?...
Q140. Which of the following best describes how an internal auditor would use a flowchart during...
Q141. Insurance companies often receive electronic hospitalization claims directly from hospital...
Q142. An organization has recently incurred significant cost overruns on one of its construction...
Q143. Which of the following is not a direct benefit of control self-assessment (CSA)?...
Q144. An auditor decides to vouch a sample of ledger entries back to their original documentatio...
Q145. An internal auditor wants to assess the completeness of sales invoices issued by the organ...
Q146. Which of the following is correct with respect to roles within an enterprise-wide risk man...
Q147. Which of the following is used to identify and prioritize critical business applications t...
Q148. An auditor decides to vouch a sample of ledger entries back to their original documentatio...
Q149. Which of the following is the primary reason for internal auditors to conduct interim comm...
Q150. Which of the following statements is correct regarding the assessment of risk in the annua...
Q151. Which of the following best describes external benchmarking using trend analysis for a sub...
Q152. An appliance repair company is considering relocating the center that houses its service v...
Q153. An internal auditor noticed that employees with responsibilities for cash collection had r...
Q154. Which of the following would be included in an internal audit department's quality assuran...
Q155. Which of the following must an auditor establish in order to demonstrate that fraud has oc...
Q156. Which of the following would have the least significance in an audit of the efficiency of ...
Q157. An organization has developed a large database that tracks employees, employee benefits, p...
Q158. A code of business conduct should include which of the following to increase its deterrent...
Q159. The board of directors expressed concerns about potential external risks that could impact...
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