CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. IIA
  5. IIA-CIA-Part2

Free IIA-CIA-Part2 Exam Braindumps (page: 61)

Page 60 of 128
PDF with 508 Questions

The best method for assessing the relative importance of risk factors is to:

  1. Change the rating of the factors from a 1-3 scale to a 1-5 scale.
  2. Assign weights to the factors based on the comparative impact.
  3. List the risk factors in a priority order.
  4. Use data from an independent source.

Answer(s): B



Which of the following audit planning activities adds the least value in understanding the current risk exposures facing the corporation?

  1. Review of organizational strategic plans and operational plans.
  2. Consultation with senior management and the audit committee.
  3. Review of the external auditor's risk assessment.
  4. Review of corporate performance reporting and benchmarking.

Answer(s): D



The internal audit activity's primary responsibility in a review or examination of the organization by an external regulatory body is to:

  1. Verify that regulatory reviews occur with adequate frequency.
  2. Provide follow-up to determine if the regulator's findings are appropriately resolved by management.
  3. Prepare documentation for the regulator.
  4. Document the responses to the regulator's findings.

Answer(s): B



Under what circumstances would internal audit not become involved when intentional misconduct is suspected?

  1. Management is involved in wrongdoing.
  2. Management is running a parallel investigation.
  3. Management does not believe a trusted employee could be guilty.
  4. Management does not maintain strong internal controls.

Answer(s): B






Post your Comments and Discuss IIA IIA-CIA-Part2 exam with other Community members:

IIA-CIA-Part2 Discussions & Posts