IIA CIA Exam Questions
Certified Internal Auditor Exam (Page 132 )

Which of the following would provide the greatest assurance of the accuracy of a computer program's computation of freight charges for catalog sales?

An auditor has been assigned to audit the computerized inventory records as part of an audit of production activities. It would be most appropriate to use a generalized audit software package to

Which of the following methods would an auditor most likely use to document a complex sales order process?

An internal auditor for a large regional bank holding company was asked to serve on the board of directors of a local bank. The bank competes in many of the same markets as the bank holding company but focuses more on consumer financing than on business financing. In accepting this position, the auditor

I). Violates the IIA Code of Ethics because serving on the board is in direct conflict with the best interests of the auditor's employer.
II). Violates the IIA Code of Ethics because the information gained while serving on the board of directors of the local bank may influence recommendations regarding potential acquisitions.
III). Does not violate the IIA Code of Ethics.

When performing a followup review of an organization's billing function, which of the following would be appropriate?

I). Consider followup measures performed by managers in the organization.
II). Investigate payables problems that have emerged since completion of the audit.
III). Assess the adequacy of corrective measures taken by management