QUESTION: 6

The purpose of the external quality control review is to determine whether the organization's internal quality control system is in place and operating effectively to provide reasonable assurance that established policies and procedures and applicable auditing standards are being followed.

Quality control, Quantity control
Internal quality control system, External quality control
External quality control, Internal quality control system
Quantity control, Quantity control

Answer(s): C

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QUESTION: 7

One mechanism to help ensure the proper application of audit standards is through ____________. The purpose of _______________ is to provide feedback to management on the effectiveness of the quality control policies and procedures of an organization:

An external quality review process
An internal quality review process
Organizational review process
Audit review process

Answer(s): B

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QUESTION: 8

A __________________________ letter is usually developed with either a qualified or unqualified opinion. Obviously a qualified opinion will warrant significant remedial action by the audit organization:

Opinion letter
Offer letter
Informal opinion letter
Formal opinion letter

Answer(s): D

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QUESTION: 9

The application of the appropriate audit standards is dependent on all of the following issues EXCEPT:

Laws and policies of the audit organization.
Regulations
Audit requirements
External control requirement

Answer(s): D

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QUESTION: 10

The application of appropriate standards depends on all of the following EXCEPT:

The objective of the engagement
Availability of information.
Legally binding agreement
Other mandates or local requirements relevant to the audit organization and the engagement itself.

Answer(s): C

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Free IIA IIA-CGAP Exam Questions (page: 3)

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QUESTION: 7

QUESTION: 8

QUESTION: 9

QUESTION: 10

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