Free Practice IIA IIA-ACCA Exam Questions 2025

Stay ahead with 100% Free ACCA CIA Challenge IIA-ACCA Dumps Practice Questions

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Total 610 Questions | Updated On: Jun 05, 2025

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Question 1

Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?

A : Control environment.

B : Control activities.

C : Information and communication.

D : Monitoring.

Answer: A

Question 2

According to Porter, which of the following is associated with fragmented industries?

A : Weak entrance barriers.

B : Significant scale economies.

C : Steep experience curve.

D : Strong negotiation power with suppliers.

Answer: A

Question 3

The critical path for any project is the path that exhibits which of the following characteristics?

A : Has the longest duration in time.

B : Costs the most money.

C : Requires the largest amount of labor

D : Is deemed most important to the project.

Answer: A

Question 4

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?

A : High-yield bonds.

B : Commodity-backed bonds.

C : Zero coupon bonds.

D : Junk bonds.

Answer: C

Question 5

Which of the following is the first step an internal audit activity should undertake when executing a data analytics process'?

A : Conduct a risk assessment regarding the effectiveness of the data analytics process.

B : Analyze possible and available sources of raw data

C : Define the purpose and the anticipated value

D : Select data for cleaning and normalization procedures.

Answer: B

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Total 610 Questions | Updated On: Jun 05, 2025

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