Free IIA-ACCA Exam Braindumps
ACCA CIA Challenge Exam Questions 201–205 (page: 42)

The internal audit activity (IAA) wants to measure its performance related to the quality of audit recommendations.
Which of the following client survey questions would best help the IAA meet this objective?

When forming an opinion on the adequacy of management's systems of internal control, which of the following findings would provide the most reliable assurance to the chief audit executive? · During an audit of the hiring process in a law firm, it was discovered that potential employees' credentials were not always confirmed sufficiently. This process remained unchanged at the following audit.
· During an audit of the accounts payable department, auditors calculated that two percent of accounts were paid past due. This condition persisted at a follow up audit. · During an audit of the vehicle fleet of a rental agency, it was determined that at any given time, eight percent of the vehicles were not operational. During the next audit, this figure had increased. · During an audit of the cash handling process in a casino, internal audit discovered control deficiencies in the transfer process between the slot machines and the cash counting are

An internal auditor and engagement client are deadlocked over the auditor's differing opinion with management on the adequacy of access controls for a major system.
Which of the following strategies would be the most helpful in resolving this dispute?

When setting the scope for the identification and assessment of key risks and controls in a process, which of the following would be the least appropriate approach?

According to IIA guidance, which of the following is true when the internal audit activity is asked to investigate potential ethics violations in a foreign subsidiary?