Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing Free Practice Exam Questions

295 real Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing exam questions with answers and AI explanations. IIA certification prep — page 12 of 30.

1. Question 111: An internal auditor is assigned to validate calculations on the organization's billing application. As part of the test, the internal auditor is required to us…
2. Question 112: An internal auditor observes a double payment transaction on a supplier invoice during an accounts payable engagement. Which of the following steps would be th…
3. Question 113: An internal auditor conducted interviews with several employees, documented the interviews, analyzed the summaries, and drew a number of conclusions. What sort…
4. Question 114: An internal auditor completed a review of expenses related to the launch of a new project. The auditor sampled 45 transactions approved by a senior project man…
5. Question 115: Senior management requested that the internal audit activity perform a consulting project to assist in making a decision on a new software system. Which of the…
6. Question 116: The chief audit executive can illustrate the value of the internal audit activity by reporting which of the following to the board?
7. Question 117: An audit observation noted that annual inventory counts of biofuel was not being performed appropriately. Fuel yards were not visited and physical amounts of b…
8. Question 118: A chief audit executive (CAE) determined that operational management did not address an open internal control issue, which creates a risk of material misstatem…
9. Question 119: Which of the following statements is true regarding the use of internal control questionnaires (ICQs)?
10. Question 120: Which of the following statements is true in regard to policies and procedures for guiding the internal audit activity?