IIA-CIA-Part3 IIA Exam Questions and Free Practice Test

Question 103

- (Exam Topic 2)
Which of the following data analytics tools would be applied by an internal audit activity positioned at the lowest level of maturity?

A. Workflow and data capture technology

B. Data visualization applications.

C. Software integrated with central data warehouse

D. Spreadsheets.

Correct Answer:D

Question 104

- (Exam Topic 1)
When assessing the adequacy of a risk mitigation strategy, an internal auditor should consider which of the following?
* 1. Management’s tolerance for specific risks.
* 2. The cost versus benefit of implementing a control.
* 3. Whether a control can mitigate multiple risks.
* 4. The ability to test the effectiveness of the control.

A. 1, 2, and 3

B. 1, 2, and 4

C. 1, 3, and 4

D. 2, 3, and 4

Correct Answer:C

Question 105

- (Exam Topic 1)
Organizations use matrix management to accomplish which of the following?

A. To improve the chain of command.

B. To strengthen corporate headquarters.

C. To focus better on a single market.

D. To increase lateral communication.

Correct Answer:D

Question 106

- (Exam Topic 1)
According to IIA guidance, which of the following steps are most important for an internal auditor to perform when evaluating an organization's social and environmental impact on the local community?
Determine whether previous incidents have been reported, managed, and resolved.
Determine whether a business contingency plan exists.
Determine the extent of transparency in reporting.
Determine whether a cost/benefit analysis was performed for all related projects.

A. 1 and 3.

B. 1 and 4.

C. 2 and 3.

D. 2 and 4.

Correct Answer:A

Question 107

- (Exam Topic 2)
An internal auditor is using data analytics to locus on high-risk areas during an engagement. The auditor has obtained data and is working to eliminate redundancies in the data. Which of me following statements is true regarding this scenario?

A. The auditor is normalizing data in preparation for analyzing it

B. The auditor is analyzing the data m preparation for communicating the results

C. The auditor is cleaning the data in preparation for determining which processes may tie involved

D. The auditor is reviewing the data prior lo defining the question

Correct Answer:A

Question 108

- (Exam Topic 2)
According to Maslow's hierarchy of needs theory, which of the Mowing best describes a strategy where a manager offers an assignment to a subordinate specifically to support his professional growth and future advancement?

A. Esteem by colleagues

B. Sell-fulfillment

C. Sense of belonging in the organization

D. Job security

Correct Answer:B

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