Free IIA IIA-CGAP Exam Questions (page: 5)

The purpose of the _________ is to organize the full range of internal audit guidance in a manner that is readily accessible on a timely basis. By encompassing current internal audit practice as well as allowing for future expansion, the _________ is intended to assist practitioners throughout the world in being responsive to the expanding market for high quality internal audit services.

  1. IIA, PPF
  2. PPF, IIA
  3. PPF, PPF
  4. IIA, IIA

Answer(s): C



____________ is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

  1. Both C and D
  2. Compliance audit
  3. External auditing
  4. Internal auditing

Answer(s): D



The purpose of __________ is to promote an ethical culture in the profession of internal auditing. A ___________ is necessary and appropriate for the profession of internal auditing, founded as it is on the trust placed in its objective assurance about risk management, control, and governance:

  1. Code of ethics, The IIA's Code of Ethics
  2. The IIA's Code of Ethics, Code of ethics
  3. Code of ethics, PPF Code of Ethics
  4. PPF Code of Ethics, Code of ethics

Answer(s): B



Within the new framework, the Guidance Task Force called for the development of three sets of standards please mark the correct

  1. Attribute, Performance, and Implementation Standards.
  2. Attribute, Quality, and Implementation Standards.
  3. Attribute, Control, and Implementation Standards.
  4. Attribute, Planning, and Implementation Standards.

Answer(s): A



The _________ address the attributes of organizations and individuals performing internal audit services. The ___________ describe the nature of internal audit services and provide quality criteria against which the performance of these services can be measured:

  1. Performance Standards, Control standards
  2. Control standards, Performance standards
  3. Performance standards, Attribute standards
  4. Attribute Standards, Performance Standards

Answer(s): D



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