Prepare IIA-IAP Question Answers Free Update With 100% Exam Passing Guarantee [Q36-Q57]

新问题 36
An internal auditor discovers a number of control concerns while reviewing the organization’s online payment system and decides to interview key employees involved in the system’s design and maintenance. Which of the following best describes the results of those interviews?

新问题 37
During an assurance engagement of an organization’s procurement process, an internal auditor obtained the policy that specified the authorized dollar limits for invoices. This document would best support which of the following attributes of an audit report?

新问题 38
To be organizationally independent, the chief audit executive should administratively report to which of the following?

新问题 39
During a travel expense audit engagement, the internal auditor discovered that the accounts payable staff spend a significant amount of time previewing expense reports before the reports are sent to managers for review and approval. The total of all expense reports during a year represents less than 1% of the organization’ s total budget. Which of the following best supports the auditor’s recommendation to reduce the level of reviews?

新问题 40
During an accounts payable audit engagement, the internal auditor found that vendor invoices are always paid
30 days after the invoice date, regardless of the vendor’s payment terms. The auditor also discovered that accounts payable employees are not comparing vendor invoices received to previous vendor invoices prior to payment. Based on the auditor’s observations, what are the potential risks?

新问题 41
Which of the following would be the best indicator that the organization’s risk management processes are operating effectively?

新问题 42
Which of the following tools would assist with the coordination of efforts between the internal audit team and operational management?

新问题 43
Which of the following statements is appropriate to include in a high-quality internal audit engagement communication?

新问题 44
Which of the following is a purpose of an embedded audit module?

新问题 45
Which of the following scenarios would be the strongest indicator of fraud in an accounts payable process?

新问题 46
Which of the following conditions would threaten an internal auditor’s objectivity?

新问题 47
In addition to the internal auditor, which of the following parties need to be present at an exit or closing conference?

新问题 48
Which of the following best describes an audit engagement in which the objective is to appraise the economy of an oil shale mining process and the degree to which yearly production targets are being achieved?

新问题 49
An internal auditor was gathering information regarding the receiving process and decided that a narrative memorandum was the best way to document the process. Which of the following explanations best supports the auditor’s decision?

新问题 50
Which of the following best explains why internal auditors should identify risk scenarios during a risk assessment of the area being audited?

新问题 51
What is the primary purpose of a preliminary survey?

新问题 52
Information collected and documented in audit workpapers should be sufficient to:

新问题 53
Which of the following situations is most likely to require a compliance engagement from the internal audit activity?

新问题 54
An internal auditor was assigned to a payroll process audit engagement. At which stage of engagement planning would the auditor conduct a risk assessment?

新问题 55
Which of the following is an example of criteria in an engagement communication?

新问题 56
Which of the following is the most important initial action for a chief audit executive to perform when establishing a new internal audit activity?

新问题 57
An internal auditor wants to establish the reasonableness of the current period’s total payroll costs for the finance department. She divides the actual monthly payroll cost by the number of employees to derive an average cost per employee. Which of the following comparisons to this average cost would be considered trend analysis?