Free IIA-CRMA Exam Braindumps (page: 16)

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When conducting an interview, an internal auditor is most likely to ask open-ended questions in order to:

  1. Obtain specific answers and maximize efficiency.
  2. Gather factual data on several different topics.
  3. Determine agreement or disagreement with a stated viewpoint.
  4. Obtain information based on the person's own perspective.

Answer(s): D



During an engagement, an internal auditor decided to use variance analysis as an auditing techniques. Which of the following steps should the auditor pursue if he discovers unexpected deviations of actual results from budget?

  1. Report the deviations immediately to the audit committee.
  2. Gather additional information to determine the cause of the deviations.
  3. Conclude that the budget was unreasonably set and accept the deviations.
  4. Perform alternative forms of analytical procedures which provide no deviations.

Answer(s): B



According to the Standards, which of the following best describes why initial audit test results should be reported to the auditor-in-charge prior to advising management?

  1. It increases the likelihood of obtaining the audit client's agreement with the results.
  2. It ensures that an appropriate chain of evidence is maintained through the workpapers.
  3. It helps ensure that appropriate professional judgments and conclusions are made.
  4. It is required to demonstrate that effective engagement supervision has occurred.

Answer(s): C



Which of the following audit techniques is used to evaluate control design while also embodying auditing's analytical process?

  1. A risk and control matrix.
  2. A flowchart.
  3. A walk-through.
  4. A process narrative.

Answer(s): A



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Anonymous
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