IIA IIA-IAP Übungsprüfungen
Zuletzt aktualisiert am 25.04.2025- Prüfungscode: IIA-IAP
- Prüfungsname: Internal Audit Practitioner
- Zertifizierungsanbieter: IIA
- Zuletzt aktualisiert am: 25.04.2025
To be organizationally independent, the chief audit executive should administratively report to which of the following?
- A . The audit committee.
- B . The board of directors.
- C . The chief executive officer.
Which of the following is an advantage of communicating audit observations as they are identified?
- A . The auditor may receive additional pertinent documentation or other relevant information
- B . The auditor may not need to communicate the final results of the audit to the board
- C . The auditor may be able to plan more efficiently next year’s audit
Which sampling technique uses a nonrandom selection process that is expected to be representative of the population as a whole?
- A . Judgmental sampling.
- B . Haphazard sampling.
- C . Attribute sampling.
Which of the following is the most important initial action for a chief audit executive to perform when establishing a new internal audit activity?
- A . Establish an internal audit charter.
- B . Establish a code of ethics for the internal audit activity.
- C . Approve the internal audit budget.
During engagement planning, which of the following would provide an internal auditor with a sufficient understanding of the process being audited?
- A . The mission, vision, and strategic objectives of the organization.
- B . Management’s opinion on the thoroughness of a previous internal audit of the same process.
- C . The objectives and risk management of the process.
During an accounts payable audit engagement, the internal auditor found that vendor invoices are always paid 30 days after the invoice date, regardless of the vendor’s payment terms. The auditor also discovered that accounts payable employees are not comparing vendor invoices received to previous vendor invoices prior to payment.
Based on the auditor’s observations, what are the potential risks?
- A . Poor cash management due to potentially lost payment discounts
- B . Poor cash management due to potentially paying fraudulent invoices
- C . Poor cash management due to potentially paying the wrong vendors
Which of the following statements best describes quality audit workpapers?
- A . They should be relevant and interesting.
- B . They should be electronic and indexed.
- C . They should be understandable and complete.
As part of the annual training plan, the chief audit executive (CAE) has arranged for a local audit training institute to provide an in-house training session for the internal audit team.
Which of the following best explains the primary purpose of this approach?
- A . It helps the internal auditors maintain a required level of proficiency.
- B . It helps the internal audit activity attain an appropriate organizational status to maintain independence.
- C . It assists the CAE with assessing the results of the internal audit team’s development efforts.
An internal auditor was assigned to a payroll process audit engagement. At which stage of engagement planning would the auditor conduct a risk assessment?
- A . After allocating resources.
- B . After determining audit engagement objectives.
- C . After documenting the process.
Which of the following conditions would threaten an internal auditor’s objectivity?
- A . Providing assurance services over the activity where the internal auditor was employed 10 months prior.
- B . Using knowledge that the internal auditor gained in his previous position to update systems and controls descriptions.
- C . Providing consulting services over the activity where the internal auditor was employed two years prior.