Online Access Free IIA.IIA-ACCA.v2022-01-26.q205 Practice Test (Page 42)

IIA-ACCA Exam Question 201

Capacity overbuilding is most likely to occur when management is focused on which of the following?

A.Marketing.

B.Finance.

C.Production.

D.Diversification.

IIA-ACCA Exam Question 202

According to IIA guidance, which of the following is least compliant with the requirements regarding an internal auditor's need for objectivity?

A.An internal auditor participated in an audit of controls around absenteeism, despite providing some consultation on controls in this area earlier in the year.

B.An internal auditor, previously employed in the quality assurance operations area, performed a consulting engagement for the operations manager.

C.An internal auditor assessed the effectiveness of controls over payroll software, which he had helped implement with a previous employer.

D.An internal auditor performed an assurance engagement for the effectiveness of accounts payable access controls, one of which he previously helped to design.

IIA-ACCA Exam Question 203

An internal auditor is performing analytical reviews as part of an audit of a supermarket's merchandising department. Because the economy has declined since midyear, the auditor can expect to encounter which of the following?

A.Lower sales volume.

B.Higher inventory turnover.

C.Lower obsolete stock disposal.

D.Higher operating margin.

IIA-ACCA Exam Question 204

Which of the following statements is false regarding the internal audit approach when a set of standards other than The IIA's Standards is applicable to a specific engagement?

A.If there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the more restrictive standards.

B.If there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the less restrictive standards.

C.If the other standards are government-issued, the internal auditor should apply them in conjunction with The IIA's Standards.

D.The internal auditor may cite the use of other standards during audit communications.

IIA-ACCA Exam Question 205

According to IIA guidance, which of the following is true regarding the exit conference for an internal audit engagement?

A.Both the chief audit executive and the chief executive over the activity or function reviewed must attend the exit conference to validate the findings.

B.During the exit conference, the performance of the internal auditors who executed the engagement is reviewed.

C.A primary purpose of the exit conference is to provide for the timely communication of observations that call for immediate management action.

D.The exit conference provides only anticipated results for inclusion in the final audit communication.

Other Version: 34IIA.Examprepaway.IIA-ACCA.v2022-01-28.by.eartha.205q.pdf; 5521IIA.IIA-ACCA.v2021-09-28.q125; 116IIA.Vce4plus.IIA-ACCA.v2021-08-31.by.sandy.85q.pdf

Latest Upload: 155CBIC.CIC.v2026-06-15.q123; 124Peoplecert.ITIL-4-Specialist-High-velocity-IT.v2026-06-15.q16; 151HashiCorp.Terraform-Associate-004.v2026-06-15.q126; 130Peoplecert.ITILFNDv5.v2026-06-15.q26; 124Workday.Workday-Pro-HCM-Reporting.v2026-06-15.q28; 127Fortinet.NSE5_SSE_AD-7.6.v2026-06-15.q17; 266PMI.PMI-ACP.v2026-06-15.q523; 150LinuxFoundation.CKAD.v2026-06-15.q118; 157CrowdStrike.CCSE-204.v2026-06-12.q25; 185VMware.2V0-17.25.v2026-06-12.q49

IIA-ACCA Exam Question 201

IIA-ACCA Exam Question 202

IIA-ACCA Exam Question 203

IIA-ACCA Exam Question 204

IIA-ACCA Exam Question 205

Download PDF File