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IIA-CIA-Part2 Dumps With Exact Questions and Answers

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IIA-CIA-Part2 Questions and Answers

Question # 1

Which of the following would be most likely found in an internal audit procedures manual?

A.

A summary of the strategic plan of the area under review.

B.

Appropriate response options for when findings are disputed by management.

C.

An explanation of the resources needed for each engagement.

D.

The extent of the auditor's authority to collect data from management.

Question # 2

An internal auditor wants to compare performance information from one quarter to another. Which analytics procedure would the auditor use?

A.

Ratio analysis

B.

Trend analysis

C.

Vertical analysis

D.

Benchmarking analysis

Question # 3

Which of the following is an effective approach for internal auditors to take to improve collaboration with audit clients during an engagement?

1. Obtain control concerns from the client before the audit begins so the internal auditor can tailor the scope accordingly.

2. Discuss the engagement plan with the client so the client can understand the reasoning behind the approach.

3. Review test criteria and procedures where the client expresses concerns about the type of tests to be conducted.

4. Provide all observations at the end of the audit to ensure the client is in agreement with the facts before publishing the report.

A.

1 and 2 only

B.

1 and 4 only

C.

2 and 3 only

D.

3 and 4 only

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