[Q114-Q131] IIA-CIA-Part2 Actual Questions 100% Same Braindumps with Actual Exam!

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IIA-CIA-Part2 Actual Questions 100% Same Braindumps with Actual Exam!

IIA-CIA-Part2 Study Material, Preparation Guide and PDF Download

Obtaining the IIA-CIA-Part2 certification demonstrates that an individual has a strong understanding of the principles and practices of internal auditing. It is a globally recognized certification that can help individuals stand out in the job market and advance in their career. The IIA-CIA-Part2 certification is also a requirement for individuals who wish to pursue the higher level IIA-CIA-Part3 certification, which focuses on internal audit knowledge and skills related to business acumen, information technology, and financial management.

The IIA-CIA-Part2 certification exam is a computer-based test, consisting of 100 multiple-choice questions. Candidates have two and a half hours to complete the exam, and a passing score of 600 or higher out of 750 is required to obtain the certification. The exam is available in multiple languages and can be taken at any Pearson VUE test center globally. Upon passing the exam, candidates receive the Practice of Internal Auditing certification, which is valid for three years, after which a recertification process is required to maintain the certification.

NEW QUESTION 114
Which of the following best describes the primary concern of the audit manager upon review of engagement working papers of an auditor?

To ensure adequate control over the custody of working papers is exercised by the auditor.

To ensure that as part of the documentation the auditor collected original documents that can corroborate the audit findings.

To ensure that the work papers create background for subsequent reviews.

To ensure that the audit programs are followed by the auditor.

NEW QUESTION 115
While investigating a compromised Web server, an auditor found that the Web server logs had been deleted.
The auditor should recommend that the Web server logs bE.

Generated and maintained on a separate secure server.

Accessible by administrative users only

Encrypted to ensure that the logs cannot be deleted.

Restored automatically to the Web server from backup files.

NEW QUESTION 116
An internal auditor has just undertaken an organization-wide risk assessment. In identifying potential audit engagements, the internal auditor should consider least:

Focusing on the high risk areas as sources of potential engagements.

Focusing in areas not audited last year.

Factoring in management requests.

Focusing on those risks highlighted by the external auditor.

NEW QUESTION 117
A chief audit executive (CAE) is determining which engagements to include on the annual audit plan. She would like to consider the organization’s attitude toward risk and the degree of difficulty in achieving objectives. Which of the following resources should the CAE consult?

The corporate risk register.

The strategic plan.

Internal and external audit reports.

The board’s meeting records.

NEW QUESTION 118
Which of the following components should be included in an audit finding?
1. The scope of the audit.
2. The standard(s) used by the auditor to make the evaluation.
3. The engagement’s objectives.
4. The factual evidence that the internal auditor found in the course of the examination.

1 and 2

1 and 3 only

2 and 4

1, 3, and 4

Section: Volume E

NEW QUESTION 119
Which of the following items should be addressed in an organization’s privacy statement?
I. Intended use of collected information.
II. Data storage and security.
III. Network/infrastructure authentication controls.
IV. Data retention policy of the organization.
Parties authorized to access information.

I and II only

I and IV only

I, II, and V only

II, III, IV, and V only

NEW QUESTION 120
During a consulting engagement an internal auditor wants to determine whether all principal stakeholders are involved in a project. Which tool should the auditor use?

RACI (responsible, accountable, consult and inform) chart

Flowchart

SWOT{strengths. weaknesses opportunities, and threats) analysis

Workflow analysis

NEW QUESTION 121
The chief audit executive (CAE) of a new organization is in the process of determining the manner in which audit reports will be distributed and to whom. According to the Standards, which of the following is the most appropriate course of action for the CAE to take to develop this distribution process?

The process should be determined in meetings with the external auditor and senior management to ensure alignment with external reporting.

The CAE should meet with senior management for their input, but finalize the distribution of all reports with the board.

The CAE should independently implement the report distribution, using best judgment to ensure that all relevant stakeholders are informed.

The CAE should request that senior management and the board meet to determine the most appropriate reporting method.

Section: Volume D
Explanation

NEW QUESTION 122
All of the following tools are employed to control large-scale projects except:

Program evaluation and review technique (PERT).

Critical path method.

Statistical process control.

Gantt charts.

NEW QUESTION 123
An IT auditor is reviewing the access controls in an organization’s accounting application. The auditor intends to deploy a tool that can help test the logical controls embedded in the system to ensure employee access is granted according to need. Which of the following would help achieve this objective?

Utility software

Generalized audit software

Audit expert systems.

integrated test facility

NEW QUESTION 124
Which of the following represents appropriate evidence of supervisory review of engagement workpapers?
I. A supervisor’s initials on each workpaper.
II. An engagement workpaper review checklist.
III. A memorandum specifying the nature, extent, and results of the supervisory review of workpapers.
IV. Performance appraisals that assess the quality of workpapers prepared by auditors.

II and IV only

I, II, and III only

I, III, and IV only

I, II, III, and IV.

Section: Volume B

NEW QUESTION 125
The most effective method of reporting engagement results to management and stimulating action is to:

Deliver a lecture on the engagement results.

Limit verbal commentary and present a series of slides that graphically depict the engagement results.

Use slides to support a discussion of major points.

Distribute copies of the report, ask the participants to read the report, and ask for questions.

Section: Volume B

NEW QUESTION 126
According to IIA guidance, which of the following are acceptable strategies for an internal audit activity (IAA) to establish or build relationships?

Assist executives with their administrative and governance responsibilities, and encourage all IAA members to develop relationships with the organization’s executives.

Assist executives with their administrative and governance responsibilities, and ensure that all communications with the board are formal audit reports or preset agendas.

During an engagement, restrict communications with affected executives to matters pertaining to the engagement; and encourage all IAA members to develop relationships with the organization’s executives.

During an engagement, restrict communications with affected executives to matters pertaining to the engagement; and ensure that all communications with the board are formal audit reports or preset agendas.

NEW QUESTION 127
Ordinarily, which of the following would not be an objective of an internal audit quality assurance review?

Ensuring that the internal audit activity meets the external auditor’s expectations.

Ensuring that the internal audit activity has an audit charter approved by the board of directors.

Complying with specific standards for the professional practice of internal auditing.

Ensuring the adequacy of the goals, mission and vision of the internal audit activity.

Section: Volume D

NEW QUESTION 128
Ordinarily, which of the following would not be an objective of an internal audit quality assurance review?

Ensuring that the internal audit activity meets the external auditor’s expectations.

Ensuring that the internal audit activity has an audit charter approved by the board of directors.

Complying with specific standards for the professional practice of internal auditing.

Ensuring the adequacy of the goals, mission and vision of the internal audit activity.

NEW QUESTION 129
During an engagement, an internal auditor discovered that an organization’s policy on delegation of authority listed six individuals who were no longer employed with the organization. In addition, four individuals acting with disbursement authority were not identified in the policy as having such authority. Which of the following is the most effective course of action to address the control weakness?

Immediately initiate a complete audit of the disbursement function to determine if significant frauds have occurred.

Recommend that management review the process supporting the policy and make improvements.

Advise management to add the four additional names and remove the incorrect names from the policy to make it current.

Review further to ensure that the four individuals do not have the appropriate authority through delegation.

NEW QUESTION 130
When me internal audit activity does not have sufficient time to complete its usual root cause analysis which c4 the following is most appropriate?

The chief audit executive may recommend that management conduct further work to identify the root cause and address the issue

Internal auditors should finish the engagement without conducting the root cause analysis and draft the audit report, though the report would not be considered complete until the analysis is concluded

internal auditors must adjust their future engagement schedule to ensure that the root cause analysis is always performed before the engagement is concluded

Internal auditors should Instead perform a Pareto rule analysis

NEW QUESTION 131
In a sampling application, the group of items about which the auditor wants to estimate some characteristic is called the:

Population.

Attribute of interest.

Sample.

Sampling unit.

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To prepare for the IIA-CIA-Part2 exam, candidates can take advantage of various study resources and training programs offered by the IIA and other organizations. These resources include study guides, practice exams, webinars, and classroom training sessions. Candidates can also join study groups and online forums to discuss and share knowledge and experiences with other candidates.

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