Free IIA IAA-IAP Exam Dumps Questions & Answers

Which of the following statements best describes quality audit workpapers?

• A.  They should be relevant and interesting.
• B.  They should be understandable and complete.
• C.  They should be electronic and indexed.

Which of the following tools would assist with the coordination of efforts between the internal audit team and operational management?

• A.  Automated workpapers.
• B.  Continuous auditing.
• C.  Control self-assessment.

Which of the following would an internal auditor most likely use to document a complex process that includes risks and controls, timelines, and ownership of key steps?

• A.  Risk and control matrix.
• B.  Process map.
• C.  Detailed flowchart.

What is the purpose of establishing engagement objectives during the planning phase of an internal audit?

• A.  To ensure that audit procedures are designed to address the risks relevant to the area being audited.
• B.  To ensure that all auditors have a common understanding of the area being audited.
• C.  To ensure that the work performed by other internal or external assurance providers is considered during audit planning.

Which of the following interview techniques would be most effective in a fraud investigation?

• A.  The interviewer should ensure that only the interviewer and the suspect are present for the interview.
• B.  The interviewer should be positioned between the suspect and the door to discourage the suspect from leaving during the interview.
• C.  The interviewer should allow the suspect to use his own words and only interrupt if a point requires clarification.