최신IIA Internal Audit Engagement - IIA-CIA-Part2무료샘플문제

A. Policies that are distributed to all members of the internal audit activity and require a signed acknowledgment.

B. Policies that match internal auditors ' performance with feedback from management of the area under review

C. Policies that provide examples of Inappropriate business relationships

D. Policies that keep internal auditors in areas where they have vast audit expertise.

A. Employee master list.

B. Purchasing policy.

C. Payment records.

D. Vendor contracts.

A. The sample rate of occurrence plus the precision equals the acceptable error rate.

B. The acceptable rate of occurrence less the precision exceeds the sample rate of occurrence.

C. The sample rate of occurrence plus the precision exceeds the acceptable error rate.

D. The sample rate of occurrence is less than the acceptable error rate.

A. High level of liquidity

B. Higher level of risk

C. Higher level of profitability

D. Low levels of inventory

A. Present the revised audit plan directly to the board for approval

B. Communicate with the CCO and present the revised audit plan to the board for approval

C. Present the revised audit plan directly to the CEO for approval

D. Communicate with the chief financial officer and present the revised audit plan to the CEO for approval

A. The audit committee has reviewed the annual self-assessment results and approved the use of the clause.

B. Internal audit activity policies and engagement records provide relevant, sufficient, and competent evidence that the statement is correct.

C. The internal audit charter, approved by the audit committee, requires conformance with the Standards

D. The self-assessment results were validated by a qualified external review team three years prior.

A. Conclude that the test failed because at least 17 percent of the sample items were not supported.

B. Expand the sample size to 60 to determine whether the error rate remains the same.

C. Contact management to determine whether the supporting documentation can be located elsewhere.

D. Select five new accounts to replace the ones that were missing supporting documentation.

A. The auditors ' qualifications.

B. The engagement objectives.

C. The details of the audit test plan.

D. The head of accounting's schedule availability.

A. Seek independent confirmation of the vehicle ' s details from one of the delivery employees.

B. Compare the registered details of the vehicle in the fixed asset register to a date-stamped photograph of the vehicle.

C. Review logs of the vehicles assigned to employees for the delivery of goods during the engagement period.

D. Visit the home address of the specific employee to see the selected vehicle.

A. Internal auditors may not need to complete a preliminary risk assessment for a consulting engagement as they would when planning an assurance engagement.

B. For both consulting and assurance engagements, internal auditors usually form the engagement objectives prior to completing the preliminary risk assessment

C. For both assurance and consulting engagements, planning typically occurs after the engagement objectives and scope have already been determined.

D. The expectations and objectives of an assurance engagement are usually determined by. or in conjunction with, the engagement client

A. Inquiry

B. Inspection of documents

C. Analytical review

D. Observation

A. Testing data, because it would enable the auditor to ensure that the application processes the transaction as described by management.

B. Tracing, because it would enable the auditor to verify quickly that the record counts were properly included in the compilation.

C. Inspection, because it would enable the auditor to verify how management enters the data into the application for processing.

D. Reperformance, because it enables the auditor to verify that the application performed the calculation correctly.