Online Access Free IIA-IAP Exam Questions

What is the primary purpose of a preliminary survey?

• A.To determine why the engagement is being performed.
• B.To gain an understanding of the process under review.
• C.To develop a risk and control matrix for the process under review.

During engagement planning, which of the following sources would provide the internal auditor with relevant information to obtain an understanding of the process under review?

• A.The internal audit activity's annual audit plan and discussions that led to its development
• B.Mission, strategic objectives, and key performance indicators of the process under review, based on documented plans, policies, procedures, and discussions with management
• C.Final report from an external financial audit of the process under review, which includes the status of management's corrective action plans

Which of the following is a common computer-assisted audit tool used to analyze data?

• A.Word processing software
• B.Social media
• C.Spreadsheet software

Duties in a purchasing system are segregated and performed by different people. One person orders the goods, another person receives the goods, and another pays for the goods. This is an example of which of the following controls?

• A.Directive
• B.Detective
• C.Preventive

Which of the following best describes the knowledge, skills, and abilities that internal auditors should possess with regard to fraud?

• A.Specialized skills for developing and implementing controls to prevent fraud.
• B.Expertise in detecting and investigating fraud.
• C.Sufficient knowledge to evaluate the risk of fraud.