{"id":108744,"date":"2025-08-13T08:25:30","date_gmt":"2025-08-13T08:25:30","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=108744"},"modified":"2025-09-01T06:45:49","modified_gmt":"2025-09-01T06:45:49","slug":"iia-cia-part2-dumps-v18-03-are-available-to-prepare-for-your-internal-audit-engagement-exam-practice-with-iia-cia-part2-free-dumps-part-2-q41-q80-first","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/iia-cia-part2-dumps-v18-03-are-available-to-prepare-for-your-internal-audit-engagement-exam-practice-with-iia-cia-part2-free-dumps-part-2-q41-q80-first.html","title":{"rendered":"IIA-CIA-Part2 Dumps (V18.03) Are Available to Prepare for Your Internal Audit Engagement Exam: Practice with IIA-CIA-Part2 Free Dumps (Part 2, Q41-Q80) First"},"content":{"rendered":"<p>Effective preparation with IIA-CIA-Part2 dumps (V18.03) from DumpsBase can be guaranteed. We provide you with the real exam questions and answers to ensure that you can pass the Internal Audit Engagement IIA-CIA-Part2 exam. The most updated IIA-CIA-Part2 dumps mirror the latest exam objectives, offering an authentic preview of the test. You can check the <a href=\"https:\/\/www.dumpsbase.com\/freedumps\/iia-cia-part2-exam-dumps-v18-03-for-internal-audit-engagement-exam-preparation-start-reading-iia-cia-part2-free-dumps-part-1-q1-q40-first.html\"><em><strong>IIA-CIA-Part2 free dumps (Part 1, Q1-Q40) of V18.03<\/strong><\/em><\/a> first. You can find that the IIA-CIA-Part2 exam questions are designed to reflect real-world challenges, ensuring you&#8217;re prepared not only for the Internal Audit Engagement exam but also for applying professionally. Choose DumpsBase and dedicate time daily to reviewing IIA-CIA-Part2 exam questions, focusing on areas needing improvement. This disciplined approach, combined with high-quality IIA-CIA-Part2 dumps (V18.03), will help you tackle the Internal Audit Engagement exam confidently and achieve certification.<\/p>\n<h2>Below are the <span style=\"background-color: #00ff00;\"><em>IIA-CIA-Part2 free dumps (Part 2, Q41-Q80) of V18.03<\/em><\/span> for checking:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam10529\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-10529\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10529\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-416616'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Which of the following statements regarding the risk management process' support of the internal audit activity is true?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='416616' \/><input type='hidden' id='answerType416616' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416616[]' id='answer-id-1614033' class='answer   answerof-416616 ' value='1614033'   \/><label for='answer-id-1614033' id='answer-label-1614033' class=' answer'><span>The risk management process can provide more extensive internal audit services to the organization if it does not have an internal audit department<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416616[]' id='answer-id-1614034' class='answer   answerof-416616 ' value='1614034'   \/><label for='answer-id-1614034' id='answer-label-1614034' class=' answer'><span>The risk management process supports internal audit by evaluating whether critical controls are adequate and effective.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416616[]' id='answer-id-1614035' class='answer   answerof-416616 ' value='1614035'   \/><label for='answer-id-1614035' id='answer-label-1614035' class=' answer'><span>The risk management process can determine whether all significant risks have been identified and are being treated.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416616[]' id='answer-id-1614036' class='answer   answerof-416616 ' value='1614036'   \/><label for='answer-id-1614036' id='answer-label-1614036' class=' answer'><span>The risk management process establishes an organization-specific documented risk management framework.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-416617'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Upon concluding the engagement fieldwork an internal auditor discusses the audit findings with operational management. <br \/>\r<br>There is a greater likelihood that the auditor will obtain a responsive action plan from management when both parties agree on which of the following attributes of the audit finding?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='416617' \/><input type='hidden' id='answerType416617' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416617[]' id='answer-id-1614037' class='answer   answerof-416617 ' value='1614037'   \/><label for='answer-id-1614037' id='answer-label-1614037' class=' answer'><span>Criteria<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416617[]' id='answer-id-1614038' class='answer   answerof-416617 ' value='1614038'   \/><label for='answer-id-1614038' id='answer-label-1614038' class=' answer'><span>Condition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416617[]' id='answer-id-1614039' class='answer   answerof-416617 ' value='1614039'   \/><label for='answer-id-1614039' id='answer-label-1614039' class=' answer'><span>Cause<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416617[]' id='answer-id-1614040' class='answer   answerof-416617 ' value='1614040'   \/><label for='answer-id-1614040' id='answer-label-1614040' class=' answer'><span>Effect<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-416618'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>During a consulting engagement an internal auditor wants to determine whether all principal stakeholders are involved in a project. <br \/>\r<br>Which tool should the auditor use?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='416618' \/><input type='hidden' id='answerType416618' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416618[]' id='answer-id-1614041' class='answer   answerof-416618 ' value='1614041'   \/><label for='answer-id-1614041' id='answer-label-1614041' class=' answer'><span>RACI (responsible, accountable, consult and inform) chart<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416618[]' id='answer-id-1614042' class='answer   answerof-416618 ' value='1614042'   \/><label for='answer-id-1614042' id='answer-label-1614042' class=' answer'><span>Flowchart<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416618[]' id='answer-id-1614043' class='answer   answerof-416618 ' value='1614043'   \/><label for='answer-id-1614043' id='answer-label-1614043' class=' answer'><span>SWOT {strengths. weaknesses opportunities, and threats) analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416618[]' id='answer-id-1614044' class='answer   answerof-416618 ' value='1614044'   \/><label for='answer-id-1614044' id='answer-label-1614044' class=' answer'><span>Workflow analysis<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-416619'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>The board of directors expressed concerns about potential external risks that could impact the organization s ability to meet its annual objectives and goals The board requested consulting services from the internal audit activity to gain insight regarding the external risks. <br \/>\r<br>Which of the following engagement objectives would be appropriate to fulfill this request?<\/div><input type='hidden' name='question_id[]' id='qID_4' value='416619' \/><input type='hidden' id='answerType416619' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416619[]' id='answer-id-1614045' class='answer   answerof-416619 ' value='1614045'   \/><label for='answer-id-1614045' id='answer-label-1614045' class=' answer'><span>Assess the organization's ability to minimize potential external risks<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416619[]' id='answer-id-1614046' class='answer   answerof-416619 ' value='1614046'   \/><label for='answer-id-1614046' id='answer-label-1614046' class=' answer'><span>Assess the organization's process of vetting vendors that provide necessary services to the organization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416619[]' id='answer-id-1614047' class='answer   answerof-416619 ' value='1614047'   \/><label for='answer-id-1614047' id='answer-label-1614047' class=' answer'><span>Assess the organization's risk impacts from the markets in which it operates<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416619[]' id='answer-id-1614048' class='answer   answerof-416619 ' value='1614048'   \/><label for='answer-id-1614048' id='answer-label-1614048' class=' answer'><span>Assess the organization's controls implemented that would help minimize risks<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-416620'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>An internal auditor submitted a report containing recommendations for management to enhance internal controls related to investments. <br \/>\r<br>To follow up, which of the following is the most appropriate action for the internal auditor to take?<\/div><input type='hidden' name='question_id[]' id='qID_5' value='416620' \/><input type='hidden' id='answerType416620' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416620[]' id='answer-id-1614049' class='answer   answerof-416620 ' value='1614049'   \/><label for='answer-id-1614049' id='answer-label-1614049' class=' answer'><span>Observe corrective measures.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416620[]' id='answer-id-1614050' class='answer   answerof-416620 ' value='1614050'   \/><label for='answer-id-1614050' id='answer-label-1614050' class=' answer'><span>Seek a management assurance declaration.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416620[]' id='answer-id-1614051' class='answer   answerof-416620 ' value='1614051'   \/><label for='answer-id-1614051' id='answer-label-1614051' class=' answer'><span>Follow up during the next scheduled audit.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416620[]' id='answer-id-1614052' class='answer   answerof-416620 ' value='1614052'   \/><label for='answer-id-1614052' id='answer-label-1614052' class=' answer'><span>Conduct appropriate testing to verify management responses.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-416621'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>A chief audit executive (CAE) is trying to balance the internal audit activity's needs for technical audit skills budget efficiency and staff development opportunities. <br \/>\r<br>Which of the following would best assist the CAE in achieving this balance1?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='416621' \/><input type='hidden' id='answerType416621' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416621[]' id='answer-id-1614053' class='answer   answerof-416621 ' value='1614053'   \/><label for='answer-id-1614053' id='answer-label-1614053' class=' answer'><span>Strategic sourcing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416621[]' id='answer-id-1614054' class='answer   answerof-416621 ' value='1614054'   \/><label for='answer-id-1614054' id='answer-label-1614054' class=' answer'><span>Loan staff arrangement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416621[]' id='answer-id-1614055' class='answer   answerof-416621 ' value='1614055'   \/><label for='answer-id-1614055' id='answer-label-1614055' class=' answer'><span>Flat organizational structure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416621[]' id='answer-id-1614056' class='answer   answerof-416621 ' value='1614056'   \/><label for='answer-id-1614056' id='answer-label-1614056' class=' answer'><span>Hierarchical organizational structure<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-416622'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>An internal auditor tested whether purchase orders were supported by appropriately approved purchase requisitions She sampled a population of purchase documents and identified instances where purchase requisitions were missing However, she did not notice that n some cases purchase requisitions were approved by an unauthorized person. <br \/>\r<br>Which of the following risks most appropriately describes this situation?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='416622' \/><input type='hidden' id='answerType416622' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416622[]' id='answer-id-1614057' class='answer   answerof-416622 ' value='1614057'   \/><label for='answer-id-1614057' id='answer-label-1614057' class=' answer'><span>Nonsampling risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416622[]' id='answer-id-1614058' class='answer   answerof-416622 ' value='1614058'   \/><label for='answer-id-1614058' id='answer-label-1614058' class=' answer'><span>Sampling risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416622[]' id='answer-id-1614059' class='answer   answerof-416622 ' value='1614059'   \/><label for='answer-id-1614059' id='answer-label-1614059' class=' answer'><span>Inherent risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416622[]' id='answer-id-1614060' class='answer   answerof-416622 ' value='1614060'   \/><label for='answer-id-1614060' id='answer-label-1614060' class=' answer'><span>Due diligence risk<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-416623'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>An internal auditor wants to compare performance information from one quarter to another. <br \/>\r<br>Which analytics procedure would the auditor use?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='416623' \/><input type='hidden' id='answerType416623' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416623[]' id='answer-id-1614061' class='answer   answerof-416623 ' value='1614061'   \/><label for='answer-id-1614061' id='answer-label-1614061' class=' answer'><span>Ratio analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416623[]' id='answer-id-1614062' class='answer   answerof-416623 ' value='1614062'   \/><label for='answer-id-1614062' id='answer-label-1614062' class=' answer'><span>Trend analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416623[]' id='answer-id-1614063' class='answer   answerof-416623 ' value='1614063'   \/><label for='answer-id-1614063' id='answer-label-1614063' class=' answer'><span>Vertical analysis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416623[]' id='answer-id-1614064' class='answer   answerof-416623 ' value='1614064'   \/><label for='answer-id-1614064' id='answer-label-1614064' class=' answer'><span>Benchmarking analysis<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-416624'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>A corporate merger decision prompts the chief audit executive (CAE) lo propose interim changes to the existing annual audit plan to account for emerging risks. <br \/>\r<br>Which of the following is the most appropriate action for the CAE to take regarding the changes made to the audit plan''<\/div><input type='hidden' name='question_id[]' id='qID_9' value='416624' \/><input type='hidden' id='answerType416624' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416624[]' id='answer-id-1614065' class='answer   answerof-416624 ' value='1614065'   \/><label for='answer-id-1614065' id='answer-label-1614065' class=' answer'><span>Present the revised audit plan directly to the board for approval.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416624[]' id='answer-id-1614066' class='answer   answerof-416624 ' value='1614066'   \/><label for='answer-id-1614066' id='answer-label-1614066' class=' answer'><span>Communicate with the chief financial officer and present the revised audit plan to the CEO tor approval<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416624[]' id='answer-id-1614067' class='answer   answerof-416624 ' value='1614067'   \/><label for='answer-id-1614067' id='answer-label-1614067' class=' answer'><span>Present the revised audit plan directly to the CEO for approval<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416624[]' id='answer-id-1614068' class='answer   answerof-416624 ' value='1614068'   \/><label for='answer-id-1614068' id='answer-label-1614068' class=' answer'><span>Communicate with the CEO and present the revised audit plan to the board for approval.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-416625'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>An internal audit team leader is having difficulties completing the planning phase of an assurance engagement because the business unit lacks a system of internal controls. <br \/>\r<br>Which of the following is the most appropriate course of action for the internal audit team leader?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='416625' \/><input type='hidden' id='answerType416625' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416625[]' id='answer-id-1614069' class='answer   answerof-416625 ' value='1614069'   \/><label for='answer-id-1614069' id='answer-label-1614069' class=' answer'><span>Defer the engagement until a system of internal control has been established<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416625[]' id='answer-id-1614070' class='answer   answerof-416625 ' value='1614070'   \/><label for='answer-id-1614070' id='answer-label-1614070' class=' answer'><span>Change the scheduled engagement from assurance to consulting to help correct the shortcomings<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416625[]' id='answer-id-1614071' class='answer   answerof-416625 ' value='1614071'   \/><label for='answer-id-1614071' id='answer-label-1614071' class=' answer'><span>Add a consulting component to the already scheduled assurance engagement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416625[]' id='answer-id-1614072' class='answer   answerof-416625 ' value='1614072'   \/><label for='answer-id-1614072' id='answer-label-1614072' class=' answer'><span>Seek the involvement of the external auditor to assist with improving the internal controls<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-416626'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>Which of the following should management action plans include at a minimum?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='416626' \/><input type='hidden' id='answerType416626' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416626[]' id='answer-id-1614073' class='answer   answerof-416626 ' value='1614073'   \/><label for='answer-id-1614073' id='answer-label-1614073' class=' answer'><span>An implementer for the action plan<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416626[]' id='answer-id-1614074' class='answer   answerof-416626 ' value='1614074'   \/><label for='answer-id-1614074' id='answer-label-1614074' class=' answer'><span>An owner of the action plan<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416626[]' id='answer-id-1614075' class='answer   answerof-416626 ' value='1614075'   \/><label for='answer-id-1614075' id='answer-label-1614075' class=' answer'><span>The internal auditor's next review date of the action plan<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416626[]' id='answer-id-1614076' class='answer   answerof-416626 ' value='1614076'   \/><label for='answer-id-1614076' id='answer-label-1614076' class=' answer'><span>Detailed procedures for the action plan<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-416627'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>After finalizing an assurance engagement concerning safety operations in the oil mining process, the audit team concluded that no key controls were compromised. However, some opportunities for improvement were noted. <br \/>\r<br>Which of the following would be the most appropriate way for the chief audit executive (CAE) to report these results?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='416627' \/><input type='hidden' id='answerType416627' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416627[]' id='answer-id-1614077' class='answer   answerof-416627 ' value='1614077'   \/><label for='answer-id-1614077' id='answer-label-1614077' class=' answer'><span>The CAE should send the final report to operational and senior management and the audit committee.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416627[]' id='answer-id-1614078' class='answer   answerof-416627 ' value='1614078'   \/><label for='answer-id-1614078' id='answer-label-1614078' class=' answer'><span>The CAE should send the final report to operational management only, as there is no need to communicate this information to higher levels.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416627[]' id='answer-id-1614079' class='answer   answerof-416627 ' value='1614079'   \/><label for='answer-id-1614079' id='answer-label-1614079' class=' answer'><span>The CAE should notify operational and senior management that the audit engagement was completed with no significant findings to report.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416627[]' id='answer-id-1614080' class='answer   answerof-416627 ' value='1614080'   \/><label for='answer-id-1614080' id='answer-label-1614080' class=' answer'><span>The CAE should send the final report to operational management and notify senior management and the audit committee that no significant findings were identified.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-416628'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>At a construction company, an internal auditor is planning an audit of the company's process for designing and building grid connections. <br \/>\r<br>The process involves customers making payments m three parts <br \/>\r<br>&#8226; The first payment of 10% after approval of the customer s application <br \/>\r<br>&#8226; The second payment of 70% prior to construction <br \/>\r<br>&#8226; The third payment of 20% after construction is complete <br \/>\r<br>Which of the following key controls should the auditor test to ensure that the company is not taking any unwanted credit risks?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='416628' \/><input type='hidden' id='answerType416628' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416628[]' id='answer-id-1614081' class='answer   answerof-416628 ' value='1614081'   \/><label for='answer-id-1614081' id='answer-label-1614081' class=' answer'><span>Controls that ensure that grid connection design is finalized before construction is approved to begin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416628[]' id='answer-id-1614082' class='answer   answerof-416628 ' value='1614082'   \/><label for='answer-id-1614082' id='answer-label-1614082' class=' answer'><span>Controls that ensure construction orders are initiated after the second invoice is paid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416628[]' id='answer-id-1614083' class='answer   answerof-416628 ' value='1614083'   \/><label for='answer-id-1614083' id='answer-label-1614083' class=' answer'><span>Controls that ensure all three invoices are calculated correctly according to the total project cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416628[]' id='answer-id-1614084' class='answer   answerof-416628 ' value='1614084'   \/><label for='answer-id-1614084' id='answer-label-1614084' class=' answer'><span>Controls that ensure that applications are verified for approval prior to initiating design and construction<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-416629'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>According to IIA guidance, which of the following activities is most likely to enhance stakeholders' perception of the value the internal audit activity (IAA) adds to the organization? <br \/>\r<br>1. The IAA uses computer-assisted audit techniques and IT applications. <br \/>\r<br>2. The IAA uses a consistent risk-based approach in both its planning and engagement execution. <br \/>\r<br>3. The IAA demonstrates the ability to build strong and constructive relationships with audit clients. <br \/>\r<br>4. The IAA frequently is involved in various project teams and task forces in an advisory capacity.<\/div><input type='hidden' name='question_id[]' id='qID_14' value='416629' \/><input type='hidden' id='answerType416629' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416629[]' id='answer-id-1614085' class='answer   answerof-416629 ' value='1614085'   \/><label for='answer-id-1614085' id='answer-label-1614085' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416629[]' id='answer-id-1614086' class='answer   answerof-416629 ' value='1614086'   \/><label for='answer-id-1614086' id='answer-label-1614086' class=' answer'><span>1 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416629[]' id='answer-id-1614087' class='answer   answerof-416629 ' value='1614087'   \/><label for='answer-id-1614087' id='answer-label-1614087' class=' answer'><span>2 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416629[]' id='answer-id-1614088' class='answer   answerof-416629 ' value='1614088'   \/><label for='answer-id-1614088' id='answer-label-1614088' class=' answer'><span>3 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-416630'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>During a review of the treasury function an internal auditor identified a risk that all bank accounts may net to include in the daily reconciliation process. <br \/>\r<br>Which of the following responses would be most effective to mitigate this risk?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='416630' \/><input type='hidden' id='answerType416630' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416630[]' id='answer-id-1614089' class='answer   answerof-416630 ' value='1614089'   \/><label for='answer-id-1614089' id='answer-label-1614089' class=' answer'><span>The treasury supervisor establishes a threshold for amounts on bank statements to be reconciled against data in the system<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416630[]' id='answer-id-1614090' class='answer   answerof-416630 ' value='1614090'   \/><label for='answer-id-1614090' id='answer-label-1614090' class=' answer'><span>The treasury analyst performs a daily reconciliation of al bank statements obtained via email against data in the system<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416630[]' id='answer-id-1614091' class='answer   answerof-416630 ' value='1614091'   \/><label for='answer-id-1614091' id='answer-label-1614091' class=' answer'><span>The treasury analyst reviews a daily report automatically generated by the treasury system, which shows bank statements that have not been uploaded into the accounting system.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416630[]' id='answer-id-1614092' class='answer   answerof-416630 ' value='1614092'   \/><label for='answer-id-1614092' id='answer-label-1614092' class=' answer'><span>The treasury supervisor seeks an annual confirmation from the bank regarding the bank statements processed within a year<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-416631'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>A chief audit executive's report to the board showed a significant trend of recent aud4s going over planned budgeted hours. <br \/>\r<br>Which of the following factors could cause this trend?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='416631' \/><input type='hidden' id='answerType416631' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416631[]' id='answer-id-1614093' class='answer   answerof-416631 ' value='1614093'   \/><label for='answer-id-1614093' id='answer-label-1614093' class=' answer'><span>Poor engagement supervision<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416631[]' id='answer-id-1614094' class='answer   answerof-416631 ' value='1614094'   \/><label for='answer-id-1614094' id='answer-label-1614094' class=' answer'><span>ineffective board reporting<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416631[]' id='answer-id-1614095' class='answer   answerof-416631 ' value='1614095'   \/><label for='answer-id-1614095' id='answer-label-1614095' class=' answer'><span>Untimely observation follows up and closure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416631[]' id='answer-id-1614096' class='answer   answerof-416631 ' value='1614096'   \/><label for='answer-id-1614096' id='answer-label-1614096' class=' answer'><span>Limited staff resources<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-416632'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>A newly promoted chief audit executive (CAE) is faced with a backlog of assurance engagement reports to review for approval. In an attempt to attach a priority for this review, the CAE scans the opinion statement on each report. <br \/>\r<br>According to IIA guidance, which of the following opinions would receive the lowest review priority? <br \/>\r<br>1. Graded positive opinion. <br \/>\r<br>2. Negative assurance opinion. <br \/>\r<br>3. Limited assurance opinion. <br \/>\r<br>4. Third-party opinion.<\/div><input type='hidden' name='question_id[]' id='qID_17' value='416632' \/><input type='hidden' id='answerType416632' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416632[]' id='answer-id-1614097' class='answer   answerof-416632 ' value='1614097'   \/><label for='answer-id-1614097' id='answer-label-1614097' class=' answer'><span>1 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416632[]' id='answer-id-1614098' class='answer   answerof-416632 ' value='1614098'   \/><label for='answer-id-1614098' id='answer-label-1614098' class=' answer'><span>1 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416632[]' id='answer-id-1614099' class='answer   answerof-416632 ' value='1614099'   \/><label for='answer-id-1614099' id='answer-label-1614099' class=' answer'><span>2 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416632[]' id='answer-id-1614100' class='answer   answerof-416632 ' value='1614100'   \/><label for='answer-id-1614100' id='answer-label-1614100' class=' answer'><span>2 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-416633'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>1.An internal auditor accessed accounts payable records and extracted data related to fuel purchased tor the organization's vehicles As a first step, she sorted the data by vehicle and used spreadsheet functions to identify all instances of refueling on the same or sequential dates She then performed other tests. <br \/>\r<br>Based on the auditor's actions which of the following is most likely the objective of this engagement1?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='416633' \/><input type='hidden' id='answerType416633' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416633[]' id='answer-id-1614101' class='answer   answerof-416633 ' value='1614101'   \/><label for='answer-id-1614101' id='answer-label-1614101' class=' answer'><span>To identify whether fuel was purchased for work-related purposes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416633[]' id='answer-id-1614102' class='answer   answerof-416633 ' value='1614102'   \/><label for='answer-id-1614102' id='answer-label-1614102' class=' answer'><span>To estimate future fuel costs for the organization's fleet of vehicles<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416633[]' id='answer-id-1614103' class='answer   answerof-416633 ' value='1614103'   \/><label for='answer-id-1614103' id='answer-label-1614103' class=' answer'><span>To determine trends in average fuel consumption by vehicle<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416633[]' id='answer-id-1614104' class='answer   answerof-416633 ' value='1614104'   \/><label for='answer-id-1614104' id='answer-label-1614104' class=' answer'><span>To determine whether the organization is paying more than the industry average for fuel<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-416634'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>During follow-up, the chief audit executive (CAE) is having a discussion with management about the internal audit team's recommendations related to a significant issue Management accepted the issue but took no remedial action. <br \/>\r<br>What is the next step for the CAE?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='416634' \/><input type='hidden' id='answerType416634' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416634[]' id='answer-id-1614105' class='answer   answerof-416634 ' value='1614105'   \/><label for='answer-id-1614105' id='answer-label-1614105' class=' answer'><span>The CAE should reassess and validate the risk tolerance policy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416634[]' id='answer-id-1614106' class='answer   answerof-416634 ' value='1614106'   \/><label for='answer-id-1614106' id='answer-label-1614106' class=' answer'><span>The CAE should escalate the issue to senior management .<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416634[]' id='answer-id-1614107' class='answer   answerof-416634 ' value='1614107'   \/><label for='answer-id-1614107' id='answer-label-1614107' class=' answer'><span>The CAE should reiterate the internal audit team's recommendations to management .<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416634[]' id='answer-id-1614108' class='answer   answerof-416634 ' value='1614108'   \/><label for='answer-id-1614108' id='answer-label-1614108' class=' answer'><span>The CAE should grant management more time to implement the recommendation and check the status of the issue during the next scheduled follow-up.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-416635'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>Which of the following items, included in the preliminary audit communication would be most useful for management to formulate action plans in response to audit recommendations?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='416635' \/><input type='hidden' id='answerType416635' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416635[]' id='answer-id-1614109' class='answer   answerof-416635 ' value='1614109'   \/><label for='answer-id-1614109' id='answer-label-1614109' class=' answer'><span>A condition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416635[]' id='answer-id-1614110' class='answer   answerof-416635 ' value='1614110'   \/><label for='answer-id-1614110' id='answer-label-1614110' class=' answer'><span>An audit objectives<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416635[]' id='answer-id-1614111' class='answer   answerof-416635 ' value='1614111'   \/><label for='answer-id-1614111' id='answer-label-1614111' class=' answer'><span>An audit scope<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416635[]' id='answer-id-1614112' class='answer   answerof-416635 ' value='1614112'   \/><label for='answer-id-1614112' id='answer-label-1614112' class=' answer'><span>An observation rating<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-416636'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>When presenting an observation m writing which or the Mowing is usually true regarding the level of detail provided? <br \/>\r<br>1. The description of the observation in the final audit report contains more detail then the description m the engagement workpapers <br \/>\r<br>2. The description of the observation m the engagement workpapers contains more detail than the descriptor n a preliminary observation document <br \/>\r<br>3. A preliminary observation document contains more detail than tie observation description in the final audit report <br \/>\r<br>4. A preliminary observation document contains more detail than tie observation description in the engagement workpapers<\/div><input type='hidden' name='question_id[]' id='qID_21' value='416636' \/><input type='hidden' id='answerType416636' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416636[]' id='answer-id-1614113' class='answer   answerof-416636 ' value='1614113'   \/><label for='answer-id-1614113' id='answer-label-1614113' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416636[]' id='answer-id-1614114' class='answer   answerof-416636 ' value='1614114'   \/><label for='answer-id-1614114' id='answer-label-1614114' class=' answer'><span>1 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416636[]' id='answer-id-1614115' class='answer   answerof-416636 ' value='1614115'   \/><label for='answer-id-1614115' id='answer-label-1614115' class=' answer'><span>2 and3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416636[]' id='answer-id-1614116' class='answer   answerof-416636 ' value='1614116'   \/><label for='answer-id-1614116' id='answer-label-1614116' class=' answer'><span>3 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-416637'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>An audit observation states the following: <br \/>\r<br>&quot;Despite the rules of the organization there is no approved credit risk management policy in the subsidiary. The subsidiary is concluding contacts with clients who have very high credit ratings. The internal audit team tested 50 contacts and 17 showed clients with a poor credit history&quot; <br \/>\r<br>Which of the following components are missing in the observation?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='416637' \/><input type='hidden' id='answerType416637' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416637[]' id='answer-id-1614117' class='answer   answerof-416637 ' value='1614117'   \/><label for='answer-id-1614117' id='answer-label-1614117' class=' answer'><span>Cause and effect.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416637[]' id='answer-id-1614118' class='answer   answerof-416637 ' value='1614118'   \/><label for='answer-id-1614118' id='answer-label-1614118' class=' answer'><span>Effect and criteria<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416637[]' id='answer-id-1614119' class='answer   answerof-416637 ' value='1614119'   \/><label for='answer-id-1614119' id='answer-label-1614119' class=' answer'><span>Condition and cause<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416637[]' id='answer-id-1614120' class='answer   answerof-416637 ' value='1614120'   \/><label for='answer-id-1614120' id='answer-label-1614120' class=' answer'><span>Criteria and condition.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-416638'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>In which of the following populations would the internal auditor most likely choose to use a stratified sampling approach?<\/div><input type='hidden' name='question_id[]' id='qID_23' value='416638' \/><input type='hidden' id='answerType416638' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416638[]' id='answer-id-1614121' class='answer   answerof-416638 ' value='1614121'   \/><label for='answer-id-1614121' id='answer-label-1614121' class=' answer'><span>Inventory comprised of the same items stored in different warehouses<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416638[]' id='answer-id-1614122' class='answer   answerof-416638 ' value='1614122'   \/><label for='answer-id-1614122' id='answer-label-1614122' class=' answer'><span>Batches of materials that must be confirmed as meeting quality standards<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416638[]' id='answer-id-1614123' class='answer   answerof-416638 ' value='1614123'   \/><label for='answer-id-1614123' id='answer-label-1614123' class=' answer'><span>Revenue that is earned by an organization through cash receipts or as receivable.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416638[]' id='answer-id-1614124' class='answer   answerof-416638 ' value='1614124'   \/><label for='answer-id-1614124' id='answer-label-1614124' class=' answer'><span>Tax reports submitted to meet the requirements of the local taxation authority<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-416639'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>While conducting an audit of a third party's Web-based payment processor, an internal auditor discovers that a programming error allows customers to create multiple accounts for a single mailing address. Management agrees to correct the program and notify customers with multiple accounts that the accounts will be consolidated. <br \/>\r<br>Which of the following actions should the auditor take? <br \/>\r<br>1. Schedule a follow-up review to verify that the program was corrected and the accounts were consolidated. <br \/>\r<br>2. Evaluate the adequacy and effectiveness of the corrective action proposed by management. <br \/>\r<br>3. Amend the scope of the subsequent audit to verify that the program was corrected and that accounts were consolidated. <br \/>\r<br>4. Submit management's plan of action to the external auditors for additional review.<\/div><input type='hidden' name='question_id[]' id='qID_24' value='416639' \/><input type='hidden' id='answerType416639' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416639[]' id='answer-id-1614125' class='answer   answerof-416639 ' value='1614125'   \/><label for='answer-id-1614125' id='answer-label-1614125' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416639[]' id='answer-id-1614126' class='answer   answerof-416639 ' value='1614126'   \/><label for='answer-id-1614126' id='answer-label-1614126' class=' answer'><span>1 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416639[]' id='answer-id-1614127' class='answer   answerof-416639 ' value='1614127'   \/><label for='answer-id-1614127' id='answer-label-1614127' class=' answer'><span>2 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416639[]' id='answer-id-1614128' class='answer   answerof-416639 ' value='1614128'   \/><label for='answer-id-1614128' id='answer-label-1614128' class=' answer'><span>3 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-416640'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>A draft internal audit report that cites deficient conditions generally should be reviewed with which of the following groups? <br \/>\r<br>1. The client manager and her superior. <br \/>\r<br>2. Anyone who may object to the report\u2019s validity. <br \/>\r<br>3. Anyone required to take action. <br \/>\r<br>4. The same individuals who receive the final report.<\/div><input type='hidden' name='question_id[]' id='qID_25' value='416640' \/><input type='hidden' id='answerType416640' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416640[]' id='answer-id-1614129' class='answer   answerof-416640 ' value='1614129'   \/><label for='answer-id-1614129' id='answer-label-1614129' class=' answer'><span>1 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416640[]' id='answer-id-1614130' class='answer   answerof-416640 ' value='1614130'   \/><label for='answer-id-1614130' id='answer-label-1614130' class=' answer'><span>1 and 2 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416640[]' id='answer-id-1614131' class='answer   answerof-416640 ' value='1614131'   \/><label for='answer-id-1614131' id='answer-label-1614131' class=' answer'><span>1, 2, and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416640[]' id='answer-id-1614132' class='answer   answerof-416640 ' value='1614132'   \/><label for='answer-id-1614132' id='answer-label-1614132' class=' answer'><span>1, 2, and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-416641'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>An internal auditor is examining the organization's internal control processes. <br \/>\r<br>Which of the following would the auditor do to test the reliability of a customer database1?<\/div><input type='hidden' name='question_id[]' id='qID_26' value='416641' \/><input type='hidden' id='answerType416641' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416641[]' id='answer-id-1614133' class='answer   answerof-416641 ' value='1614133'   \/><label for='answer-id-1614133' id='answer-label-1614133' class=' answer'><span>Perform a site visit to see whether the organization's servers are operational<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416641[]' id='answer-id-1614134' class='answer   answerof-416641 ' value='1614134'   \/><label for='answer-id-1614134' id='answer-label-1614134' class=' answer'><span>Interview end users to determine whether they understand how to use the database information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416641[]' id='answer-id-1614135' class='answer   answerof-416641 ' value='1614135'   \/><label for='answer-id-1614135' id='answer-label-1614135' class=' answer'><span>Determine whether policies are in place on how to use the database information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416641[]' id='answer-id-1614136' class='answer   answerof-416641 ' value='1614136'   \/><label for='answer-id-1614136' id='answer-label-1614136' class=' answer'><span>Review for indications of potential issues with the database information<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-416642'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>Which of the following internal control attributes should internal auditors consider testing during a review of the board of directors?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='416642' \/><input type='hidden' id='answerType416642' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416642[]' id='answer-id-1614137' class='answer   answerof-416642 ' value='1614137'   \/><label for='answer-id-1614137' id='answer-label-1614137' class=' answer'><span>The presence of an independent critical mass<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416642[]' id='answer-id-1614138' class='answer   answerof-416642 ' value='1614138'   \/><label for='answer-id-1614138' id='answer-label-1614138' class=' answer'><span>The established philosophy and operating style of senior management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416642[]' id='answer-id-1614139' class='answer   answerof-416642 ' value='1614139'   \/><label for='answer-id-1614139' id='answer-label-1614139' class=' answer'><span>The articulated internal control objectives of the organization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416642[]' id='answer-id-1614140' class='answer   answerof-416642 ' value='1614140'   \/><label for='answer-id-1614140' id='answer-label-1614140' class=' answer'><span>The organization's employee recruiting and retention policies<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-416643'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>Which of the following manual audit approaches describes testing the validity of a document by following it backward to a previously prepared record?<\/div><input type='hidden' name='question_id[]' id='qID_28' value='416643' \/><input type='hidden' id='answerType416643' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416643[]' id='answer-id-1614141' class='answer   answerof-416643 ' value='1614141'   \/><label for='answer-id-1614141' id='answer-label-1614141' class=' answer'><span>Tracing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416643[]' id='answer-id-1614142' class='answer   answerof-416643 ' value='1614142'   \/><label for='answer-id-1614142' id='answer-label-1614142' class=' answer'><span>Reperformance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416643[]' id='answer-id-1614143' class='answer   answerof-416643 ' value='1614143'   \/><label for='answer-id-1614143' id='answer-label-1614143' class=' answer'><span>Vouching<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416643[]' id='answer-id-1614144' class='answer   answerof-416643 ' value='1614144'   \/><label for='answer-id-1614144' id='answer-label-1614144' class=' answer'><span>Walkthrough<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-416644'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Which of the following information is most appropriate for the chief audit executive to share when coordinating audit plans with other internal and external assurance providers?<\/div><input type='hidden' name='question_id[]' id='qID_29' value='416644' \/><input type='hidden' id='answerType416644' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416644[]' id='answer-id-1614145' class='answer   answerof-416644 ' value='1614145'   \/><label for='answer-id-1614145' id='answer-label-1614145' class=' answer'><span>Objectives scope and timing at a high level to support coordination while adhering to confidentiality requirements<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416644[]' id='answer-id-1614146' class='answer   answerof-416644 ' value='1614146'   \/><label for='answer-id-1614146' id='answer-label-1614146' class=' answer'><span>The area and timing of the audit engagement to ensure confidentially and avoid conflict of interest.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416644[]' id='answer-id-1614147' class='answer   answerof-416644 ' value='1614147'   \/><label for='answer-id-1614147' id='answer-label-1614147' class=' answer'><span>All plan information, including risk assessments, planned tests and past results to maximize the opportunity for coordination with internal and external providers.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416644[]' id='answer-id-1614148' class='answer   answerof-416644 ' value='1614148'   \/><label for='answer-id-1614148' id='answer-label-1614148' class=' answer'><span>No information should be shared with internal and external provider as it could introduce bias into the engagement results.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-416645'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>Acceding to MA guidance, when of the Mowing strategies would like provide the most assurance to the chief audit executive (CAE) that the internal audit activity's recommendations are being acted upon?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='416645' \/><input type='hidden' id='answerType416645' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416645[]' id='answer-id-1614149' class='answer   answerof-416645 ' value='1614149'   \/><label for='answer-id-1614149' id='answer-label-1614149' class=' answer'><span>The CAF obtains a formal response from senior management regarding the corrective actions they plan to take w address the recommendations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416645[]' id='answer-id-1614150' class='answer   answerof-416645 ' value='1614150'   \/><label for='answer-id-1614150' id='answer-label-1614150' class=' answer'><span>The CAE develops a tracking system to monitor the stains of engagement recommendations reported to management for action<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416645[]' id='answer-id-1614151' class='answer   answerof-416645 ' value='1614151'   \/><label for='answer-id-1614151' id='answer-label-1614151' class=' answer'><span>The CAE communicates with impacted department managers to determine whether corrective actions have addressed engagement recommendations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416645[]' id='answer-id-1614152' class='answer   answerof-416645 ' value='1614152'   \/><label for='answer-id-1614152' id='answer-label-1614152' class=' answer'><span>The CAE works with the engagement supervisor to monitor the recommendations issued to management for corrective action<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-416646'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Which of the following should be included in a privacy audit engagement? <br \/>\r<br>1. Assess the appropriateness of the information gathered. <br \/>\r<br>2. Review the methods used to collect information. <br \/>\r<br>3. Consider whether the information collected is in compliance with applicable laws. <br \/>\r<br>4. Determine how the information is stored.<\/div><input type='hidden' name='question_id[]' id='qID_31' value='416646' \/><input type='hidden' id='answerType416646' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416646[]' id='answer-id-1614153' class='answer   answerof-416646 ' value='1614153'   \/><label for='answer-id-1614153' id='answer-label-1614153' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416646[]' id='answer-id-1614154' class='answer   answerof-416646 ' value='1614154'   \/><label for='answer-id-1614154' id='answer-label-1614154' class=' answer'><span>2 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416646[]' id='answer-id-1614155' class='answer   answerof-416646 ' value='1614155'   \/><label for='answer-id-1614155' id='answer-label-1614155' class=' answer'><span>1, 3, and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416646[]' id='answer-id-1614156' class='answer   answerof-416646 ' value='1614156'   \/><label for='answer-id-1614156' id='answer-label-1614156' class=' answer'><span>1, 2, 3, and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-416647'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>According to IIA guidance, which of the following actions might place the independence of the internal audit function in jeopardy?<\/div><input type='hidden' name='question_id[]' id='qID_32' value='416647' \/><input type='hidden' id='answerType416647' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416647[]' id='answer-id-1614157' class='answer   answerof-416647 ' value='1614157'   \/><label for='answer-id-1614157' id='answer-label-1614157' class=' answer'><span>Having no active role or involvement in the risk management process.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416647[]' id='answer-id-1614158' class='answer   answerof-416647 ' value='1614158'   \/><label for='answer-id-1614158' id='answer-label-1614158' class=' answer'><span>Auditing the risk management process for reasonableness.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416647[]' id='answer-id-1614159' class='answer   answerof-416647 ' value='1614159'   \/><label for='answer-id-1614159' id='answer-label-1614159' class=' answer'><span>Coordinating and managing the risk management process.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416647[]' id='answer-id-1614160' class='answer   answerof-416647 ' value='1614160'   \/><label for='answer-id-1614160' id='answer-label-1614160' class=' answer'><span>Participating with management in identifying and evaluating risks.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-416648'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>Due to price risk from the foreign currency purchase of aviation fuel, an airliner has purchased forward contracts to hedge against fluctuations in the exchange rate. <br \/>\r<br>When recalculating the exchange losses from individual purchases of jet fuel, which of the following details does the internal auditor need to validate? <br \/>\r<br>1. The hedge documentation designating the hedge. <br \/>\r<br>2. The spot exchange rate on the transaction date. <br \/>\r<br>3. The terms of the forward contract. <br \/>\r<br>4. The amount of fuel purchased.<\/div><input type='hidden' name='question_id[]' id='qID_33' value='416648' \/><input type='hidden' id='answerType416648' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416648[]' id='answer-id-1614161' class='answer   answerof-416648 ' value='1614161'   \/><label for='answer-id-1614161' id='answer-label-1614161' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416648[]' id='answer-id-1614162' class='answer   answerof-416648 ' value='1614162'   \/><label for='answer-id-1614162' id='answer-label-1614162' class=' answer'><span>1 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416648[]' id='answer-id-1614163' class='answer   answerof-416648 ' value='1614163'   \/><label for='answer-id-1614163' id='answer-label-1614163' class=' answer'><span>2 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416648[]' id='answer-id-1614164' class='answer   answerof-416648 ' value='1614164'   \/><label for='answer-id-1614164' id='answer-label-1614164' class=' answer'><span>3 and 4<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-416649'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Which of The following best describes a risk that is deemed &quot;unacceptable&quot; to the organization?<\/div><input type='hidden' name='question_id[]' id='qID_34' value='416649' \/><input type='hidden' id='answerType416649' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416649[]' id='answer-id-1614165' class='answer   answerof-416649 ' value='1614165'   \/><label for='answer-id-1614165' id='answer-label-1614165' class=' answer'><span>A risk where likelihood and impact are high<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416649[]' id='answer-id-1614166' class='answer   answerof-416649 ' value='1614166'   \/><label for='answer-id-1614166' id='answer-label-1614166' class=' answer'><span>A risk where inherent risk exceeds its residual risk<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416649[]' id='answer-id-1614167' class='answer   answerof-416649 ' value='1614167'   \/><label for='answer-id-1614167' id='answer-label-1614167' class=' answer'><span>A risk where inherent risk exceeds the tolerance level<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416649[]' id='answer-id-1614168' class='answer   answerof-416649 ' value='1614168'   \/><label for='answer-id-1614168' id='answer-label-1614168' class=' answer'><span>A risk where residual risk exceeds the tolerance level<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-416650'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>When addressing the excessive overtime being paid lo employees in an organization's customer service call center, which of the following would be most relevant for the internal auditor to use? <br \/>\r<br>1 Confirmation. <br \/>\r<br>2. Trend analysis. <br \/>\r<br>3 External benchmarking <br \/>\r<br>4. Internal benchmarking<\/div><input type='hidden' name='question_id[]' id='qID_35' value='416650' \/><input type='hidden' id='answerType416650' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416650[]' id='answer-id-1614169' class='answer   answerof-416650 ' value='1614169'   \/><label for='answer-id-1614169' id='answer-label-1614169' class=' answer'><span>1.2 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416650[]' id='answer-id-1614170' class='answer   answerof-416650 ' value='1614170'   \/><label for='answer-id-1614170' id='answer-label-1614170' class=' answer'><span>1.2. and 4.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416650[]' id='answer-id-1614171' class='answer   answerof-416650 ' value='1614171'   \/><label for='answer-id-1614171' id='answer-label-1614171' class=' answer'><span>1.3. and 4.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416650[]' id='answer-id-1614172' class='answer   answerof-416650 ' value='1614172'   \/><label for='answer-id-1614172' id='answer-label-1614172' class=' answer'><span>2. 3. and 4.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-36' style=';'><div id='questionWrap-36'  class='   watupro-question-id-416651'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>Which of the following is the best option for the chief audit executive to consider for effective coordination of assurance coverage?<\/div><input type='hidden' name='question_id[]' id='qID_36' value='416651' \/><input type='hidden' id='answerType416651' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416651[]' id='answer-id-1614173' class='answer   answerof-416651 ' value='1614173'   \/><label for='answer-id-1614173' id='answer-label-1614173' class=' answer'><span>Create an assurance map to illustrate each provider's level of assurance and planned activities for each area of the organization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416651[]' id='answer-id-1614174' class='answer   answerof-416651 ' value='1614174'   \/><label for='answer-id-1614174' id='answer-label-1614174' class=' answer'><span>LIMIT&copy; ricks inventory to identify the risks and controls in place and the relevant control owners.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416651[]' id='answer-id-1614175' class='answer   answerof-416651 ' value='1614175'   \/><label for='answer-id-1614175' id='answer-label-1614175' class=' answer'><span>Rely on the risk and control and management testing information maintained for compliance with the regulatory framework<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416651[]' id='answer-id-1614176' class='answer   answerof-416651 ' value='1614176'   \/><label for='answer-id-1614176' id='answer-label-1614176' class=' answer'><span>Prepare a risk likelihood and impact heal map to prioritize assurance coverage coordination.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-416652'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>Which of the following statements is false regarding audit criteria?<\/div><input type='hidden' name='question_id[]' id='qID_37' value='416652' \/><input type='hidden' id='answerType416652' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416652[]' id='answer-id-1614177' class='answer   answerof-416652 ' value='1614177'   \/><label for='answer-id-1614177' id='answer-label-1614177' class=' answer'><span>Audit criteria should be consistent across audit assignments.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416652[]' id='answer-id-1614178' class='answer   answerof-416652 ' value='1614178'   \/><label for='answer-id-1614178' id='answer-label-1614178' class=' answer'><span>Audit criteria should represent reasonable standards against which to assess existing conditions.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416652[]' id='answer-id-1614179' class='answer   answerof-416652 ' value='1614179'   \/><label for='answer-id-1614179' id='answer-label-1614179' class=' answer'><span>Audit criteria should provide flexibility but allow identification of nonadherence.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416652[]' id='answer-id-1614180' class='answer   answerof-416652 ' value='1614180'   \/><label for='answer-id-1614180' id='answer-label-1614180' class=' answer'><span>Audit criteria should equate to good or acceptable management practices.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-416653'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Which of the following recommendations made by the internal audit activity (IAA) is most likely to help prevent fraud?<\/div><input type='hidden' name='question_id[]' id='qID_38' value='416653' \/><input type='hidden' id='answerType416653' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416653[]' id='answer-id-1614181' class='answer   answerof-416653 ' value='1614181'   \/><label for='answer-id-1614181' id='answer-label-1614181' class=' answer'><span>A review of password policy compliance found that employees frequently use the same password more than once during a year. The IAA recommends that the access control software reject any password used more than once during a 12-month period.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416653[]' id='answer-id-1614182' class='answer   answerof-416653 ' value='1614182'   \/><label for='answer-id-1614182' id='answer-label-1614182' class=' answer'><span>A review of internal service-level agreement compliance in financial services found that requests for information frequently are fulfilled up to two weeks late. The IAA recommends that the financial services unit be eliminated for its ineffectiveness.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416653[]' id='answer-id-1614183' class='answer   answerof-416653 ' value='1614183'   \/><label for='answer-id-1614183' id='answer-label-1614183' class=' answer'><span>A vacation policy compliance review found that employees frequently leave on vacation before their leave applications are signed by their manager. The IAA recommends that the manager attend to the leave applications in a more timely fashion.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416653[]' id='answer-id-1614184' class='answer   answerof-416653 ' value='1614184'   \/><label for='answer-id-1614184' id='answer-label-1614184' class=' answer'><span>A review of customer service-level agreements found that orders to several customers are frequently delivered late. The IAA recommends that the organization extend the expected delivery time advertised on its website.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-416654'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>An internal auditor collected several employee testimonials. <br \/>\r<br>Which of the following is the best action for the internal auditor to take before drawing a conclusion?<\/div><input type='hidden' name='question_id[]' id='qID_39' value='416654' \/><input type='hidden' id='answerType416654' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416654[]' id='answer-id-1614185' class='answer   answerof-416654 ' value='1614185'   \/><label for='answer-id-1614185' id='answer-label-1614185' class=' answer'><span>Ensure the testimonials are well documented<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416654[]' id='answer-id-1614186' class='answer   answerof-416654 ' value='1614186'   \/><label for='answer-id-1614186' id='answer-label-1614186' class=' answer'><span>Substantiate the testimonials with physical or documentary evidence<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416654[]' id='answer-id-1614187' class='answer   answerof-416654 ' value='1614187'   \/><label for='answer-id-1614187' id='answer-label-1614187' class=' answer'><span>Corroborate testimonials with the results from other soft control techniques<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416654[]' id='answer-id-1614188' class='answer   answerof-416654 ' value='1614188'   \/><label for='answer-id-1614188' id='answer-label-1614188' class=' answer'><span>Review the testimonials with the interviewed employees<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-416655'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>According to IIA guidance which of the following statements is true regarding heat maps?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='416655' \/><input type='hidden' id='answerType416655' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416655[]' id='answer-id-1614189' class='answer   answerof-416655 ' value='1614189'   \/><label for='answer-id-1614189' id='answer-label-1614189' class=' answer'><span>A heat map sets likelihood to have higher priority than impact.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416655[]' id='answer-id-1614190' class='answer   answerof-416655 ' value='1614190'   \/><label for='answer-id-1614190' id='answer-label-1614190' class=' answer'><span>A heat map sets impact to have higher priority than likelihood.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416655[]' id='answer-id-1614191' class='answer   answerof-416655 ' value='1614191'   \/><label for='answer-id-1614191' id='answer-label-1614191' class=' answer'><span>A heat map recognizes that the priority of impact and likelihood can vary.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-416655[]' id='answer-id-1614192' class='answer   answerof-416655 ' value='1614192'   \/><label for='answer-id-1614192' id='answer-label-1614192' class=' answer'><span>A heat map recognizes impact and likelihood as equally important<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-41'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons10529\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; Previous\" onclick=\"WatuPRO.nextQuestion(event, 'previous');\"\/><\/div>\t\t  \t\t  \t\t   \n\t\t   \t  \t\t<div><input type=\"button\" name=\"action\" class=\"watupro-submit-button\" onclick=\"WatuPRO.submitResult(event)\" id=\"action-button\" value=\"View Results\"  \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\n\t<input type=\"hidden\" name=\"quiz_id\" value=\"10529\" id=\"watuPROExamID\"\/>\n\t<input type=\"hidden\" name=\"start_time\" id=\"startTime\" value=\"2026-04-25 01:50:45\" \/>\n\t<input type=\"hidden\" name=\"start_timestamp\" id=\"startTimeStamp\" value=\"1777081845\" \/>\n\t<input type=\"hidden\" name=\"question_ids\" value=\"\" \/>\n\t<input type=\"hidden\" name=\"watupro_questions\" value=\"416616:1614033,1614034,1614035,1614036 | 416617:1614037,1614038,1614039,1614040 | 416618:1614041,1614042,1614043,1614044 | 416619:1614045,1614046,1614047,1614048 | 416620:1614049,1614050,1614051,1614052 | 416621:1614053,1614054,1614055,1614056 | 416622:1614057,1614058,1614059,1614060 | 416623:1614061,1614062,1614063,1614064 | 416624:1614065,1614066,1614067,1614068 | 416625:1614069,1614070,1614071,1614072 | 416626:1614073,1614074,1614075,1614076 | 416627:1614077,1614078,1614079,1614080 | 416628:1614081,1614082,1614083,1614084 | 416629:1614085,1614086,1614087,1614088 | 416630:1614089,1614090,1614091,1614092 | 416631:1614093,1614094,1614095,1614096 | 416632:1614097,1614098,1614099,1614100 | 416633:1614101,1614102,1614103,1614104 | 416634:1614105,1614106,1614107,1614108 | 416635:1614109,1614110,1614111,1614112 | 416636:1614113,1614114,1614115,1614116 | 416637:1614117,1614118,1614119,1614120 | 416638:1614121,1614122,1614123,1614124 | 416639:1614125,1614126,1614127,1614128 | 416640:1614129,1614130,1614131,1614132 | 416641:1614133,1614134,1614135,1614136 | 416642:1614137,1614138,1614139,1614140 | 416643:1614141,1614142,1614143,1614144 | 416644:1614145,1614146,1614147,1614148 | 416645:1614149,1614150,1614151,1614152 | 416646:1614153,1614154,1614155,1614156 | 416647:1614157,1614158,1614159,1614160 | 416648:1614161,1614162,1614163,1614164 | 416649:1614165,1614166,1614167,1614168 | 416650:1614169,1614170,1614171,1614172 | 416651:1614173,1614174,1614175,1614176 | 416652:1614177,1614178,1614179,1614180 | 416653:1614181,1614182,1614183,1614184 | 416654:1614185,1614186,1614187,1614188 | 416655:1614189,1614190,1614191,1614192\" \/>\n\t<input type=\"hidden\" name=\"no_ajax\" value=\"0\">\t\t\t<\/form>\n\t<p>&nbsp;<\/p>\n<\/div>\n\n<script type=\"text\/javascript\">\n\/\/jQuery(document).ready(function(){\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \t\nvar question_ids = \"416616,416617,416618,416619,416620,416621,416622,416623,416624,416625,416626,416627,416628,416629,416630,416631,416632,416633,416634,416635,416636,416637,416638,416639,416640,416641,416642,416643,416644,416645,416646,416647,416648,416649,416650,416651,416652,416653,416654,416655\";\nWatuPROSettings[10529] = {};\nWatuPRO.qArr = question_ids.split(',');\nWatuPRO.exam_id = 10529;\t    \nWatuPRO.post_id = 108744;\nWatuPRO.store_progress = 0;\nWatuPRO.curCatPage = 1;\nWatuPRO.requiredIDs=\"0\".split(\",\");\nWatuPRO.hAppID = \"0.27969200 1777081845\";\nvar url = \"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/show_exam.php\";\nWatuPRO.examMode = 1;\nWatuPRO.siteURL=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-admin\/admin-ajax.php\";\nWatuPRO.emailIsNotRequired = 0;\nWatuPROIntel.init(10529);\nWatuPRO.inCategoryPages=1;});    \t \n<\/script>\n<p>&nbsp;<\/p>\n<h3>Continue to check the <a href=\"https:\/\/www.dumpsbase.com\/freedumps\/iia-cia-part2-free-dumps-part-3-q81-q120-are-also-available-to-help-you-check-the-quality-of-the-iia-cia-part2-v18-03.html\"><span style=\"background-color: #00ff00;\"><em>IIA-CIA-Part2 free dumps (Part3, Q81-Q120) of V18.03<\/em><\/span><\/a> online.<\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Effective preparation with IIA-CIA-Part2 dumps (V18.03) from DumpsBase can be guaranteed. We provide you with the real exam questions and answers to ensure that you can pass the Internal Audit Engagement IIA-CIA-Part2 exam. The most updated IIA-CIA-Part2 dumps mirror the latest exam objectives, offering an authentic preview of the test. You can check the IIA-CIA-Part2 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[465,464],"tags":[13450,19457],"class_list":["post-108744","post","type-post","status-publish","format-standard","hentry","category-certified-internal","category-iia","tag-iia-cia-part2-dumps","tag-internal-audit-engagement"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/108744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=108744"}],"version-history":[{"count":2,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/108744\/revisions"}],"predecessor-version":[{"id":109271,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/108744\/revisions\/109271"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=108744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=108744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=108744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}