Free Practice IIA IIA-CIA-Part2-3P Exam Questions 2025

Stay ahead with 100% Free CIA Exam Part Two: Practice of Internal Auditing IIA-CIA-Part2-3P Dumps Practice Questions

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Total 485 Questions | Updated On: Apr 23, 2025

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Question 1

An internal auditor has suspicions that the management of a department splits me number of planned purchases to avoid the approval process required for larger purchases. Which of the following would be the most efficient technique to help the auditor identify the seventy of this malpractice?

A : Examining the entire population

B : Asking management about the malpractice

C : Testing a sample of random transactions.

D : Using data analytics

Answer: D

Question 2

An internal auditor wants to identity potential ghost employees in the organization's payroll system The auditor extracts the following data

- Human resources data with employees' names addresses employment conditions and identification codes

- Payroll data

- Logs from entrance systems

With this data, which of the following types of ghost employees will the auditor be able to identify?

A : Employees who are being paid more than then approved wages

B : Employees who get paid although their employment has expired

C : Employees who are related to one of the subcontractors

D : Employees who are physically present at the workplace but who do not perform the specified job duties

Answer: A

Question 3

An internal auditor s testing tor proper authorization of contracts and finds that the rate of deviations discovered in the sample is equal to the tolerable deviation rate. When of the following is the most appropriate conclusion for the internal auditor to make based on this result?

A : The internal auditor concludes that management may be placing undue reliance on me specified control

B : The internal auditor concludes that the specified control is more effective than it really is.

C : The internal auditor concludes that the specified control is acceptably effective

D : The internal auditor concludes that additional testing will be required to evaluate the specified control

Answer: C

Question 4

Which of the following is the primary purpose of implementing a program whereby employees are rotated from other parts of the organization into the internal audit activity?

A : It provides the internal audit activity with more resourcing options to meet the audit plan

B : It offers internal auditors the opportunity to learn more about other work areas.

C : It gives nonauditors a better understanding of the control environment.

D : It provides an opportunity for the recruitment of employees as permanent internal auditors

Answer: B

Question 5

To compete in the global market, an organization is restructuring and consolidating many of its divisions. Prior to the consolidation, senior management requested assistance from tie internal audit activity. Which of the following consulting services would be most appropriate in this situation?

A : Assess controls for potential compliance issues that may affect me consolidation

B : Brief vendors on the potential risks that will occur without continued business

C : Advise division managers on how to streamline operations for better efficiency

D : Determine whether the organization's controls are effective in meeting business objectives

Answer: C

Page: 1 / 97

Total 485 Questions | Updated On: Apr 23, 2025

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