Areon Academy

Josh Taylor Josh Taylor

0 Inscritos en el curso • 0 Curso completado

Biografia

IIA-CIA-Part2 Exam Questions And Answers Reliable Questions Pool Only at TestPassKing

BONUS!!! Download part of TestPassKing IIA-CIA-Part2 dumps for free: https://drive.google.com/open?id=1XIVQXf4sX9wGd_HsKQ_-ThkLfqzsXzcR

As the saying goes, an inch of time is an inch of gold; time is money. If time be of all things the most precious, wasting of time must be the greatest prodigality. We believe that you will not want to waste your time, and you must want to pass your IIA-CIA-Part2 Exam in a short time, so it is necessary for you to choose our Practice of Internal Auditing prep torrent as your study tool. If you use our products, you will just need to spend 20-30 hours to take your exam.

IIA-CIA-Part2 exam is an essential certification for individuals who wish to pursue a career in internal auditing. IIA-CIA-Part2 Exam covers a broad range of topics and is designed to test the knowledge and skills of individuals in these areas. Passing the exam demonstrates a commitment to the profession and provides individuals with an opportunity to advance their careers.

>> IIA-CIA-Part2 Exam Questions And Answers <<

Overcome Exam Challenges with TestPassKing IIA-CIA-Part2 Exam Questions

Are you concerned for the training material for IIA-CIA-Part2 certification exam? So, your search is ended as you have got to the place where you can catch the finest IIA-CIA-Part2 certification exam dumps. Those entire applicants who put efforts in IIA-CIA-Part2 certification exam want to achieve their goal, but there are diverse means of preparing IIA-CIA-Part2 Exams. Everyone might have their own approach to discover, how to associate IIA-CIA-Part2 certified professional. It really doesn’t matter how you concoct for the IIA-CIA-Part2 certification exam, you’d need some provision to make things calmer.

IIA-CIA-Part2 Exam is an excellent opportunity for internal auditors who are looking to advance their careers and demonstrate their expertise in the field. By earning the CIA designation, candidates can differentiate themselves in the job market, increase their earning potential, and gain access to a global network of internal auditing professionals.

IIA-CIA-Part2 (Practice of Internal Auditing) Certification Exam is a comprehensive certification that provides individuals with a competitive edge in the field of internal auditing. IIA-CIA-Part2 Exam covers a broad range of topics and is designed to test the candidate's knowledge of the internal auditing profession. Practice of Internal Auditing certification is highly respected in the profession and is recognized globally, making it a valuable asset for individuals seeking employment opportunities in the field of internal auditing.

IIA Practice of Internal Auditing Sample Questions (Q359-Q364):

NEW QUESTION # 359
According to HA guidance, which of the following is the Key planning step internal auditors should perform to establish appropriate engagement objectives prior to starting an audit engagement?

A. Review the organizational structure, management roles and responsibilities and operating procedures
B. Evaluate management's risk assessment and the internal audit activity's risk assessment
C. Review meeting notes from discussions involving management of the area to be reviewed.
D. Assess process How and control documents used to meet regulatory requirements

Answer: B

Explanation:
A key planning step for internal auditors to establish appropriate engagement objectives is to evaluate management's risk assessment and the internal audit activity's risk assessment. This step ensures that the audit focuses on areas of highest risk and aligns with the organization's risk management framework. By understanding and incorporating the organization's risk priorities, the internal auditors can design their engagements to provide maximum value and assurance regarding the control environment and risk management processes.
Reference:
The Institute of Internal Auditors (IIA) Standard 2010: Planning
IIA Practice Advisory 2010-2: Using the Risk Management Process in Internal Audit Planning

NEW QUESTION # 360
In evaluating the validity of different types of audit evidence, which of the following conclusions is not correct?

A. Recomputation, though highly valid, is limited in usefulness due to its limited scope.
B. The validity of documentary evidence is independent of the effectiveness of the control system in which it was created.
C. The validity of confirmations varies directly with the independence of the party receiving the confirmation.
D. Internally created documentary evidence is considered less valid than externally created documentary evidence.

Answer: B

NEW QUESTION # 361
Which of the following might alert an auditor to the possibility of fraud in a division?
I. The division is not scheduled for an external audit this year.
II. Sales have increased by 10 percent.
III.
A significant portion of management's compensation is directly tied to reported net income of the division.

A. I and II only
B. III only
C. I only
D. I, II, and III

Answer: B

NEW QUESTION # 362
According to IIA guidance, which of the following statements is false regarding a review of the controls in place to prevent fraud?

A. The review should assess whether the internal controls can be circumvented.
B. The review should focus on the efficiency of the controls in place to prevent fraud.
C. The scope of the review does not need to include all operating areas of the organization.
D. The cost of the control should be compared to the benefit of mitigating the related risk.

Answer: B

NEW QUESTION # 363
An internal audit manager is planning a contract compliance audit Which of the following should be done prior to developing the audit work program?

A. Assess the inherent risk of paying duplicate invoices
B. Review the contract for evidence of authorization
C. Document underlying reasons for noncompliance
D. Select a sample of invoices for substantive testing

Answer: B

Explanation:
Before developing the audit work program, it is essential to review the contract for evidence of authorization. This step ensures that the contract is valid and approved by the appropriate parties, forming a critical basis for the compliance audit. By confirming authorization, the auditor can ascertain that the contract is legitimate and enforceable, and understand its key terms and conditions, which is necessary for planning and executing the audit effectively. Other steps, such as selecting a sample or assessing risks, are important but should follow after understanding the contract's validity and scope.
Reference:
Institute of Internal Auditors (IIA), International Standards for the Professional Practice of Internal Auditing (Standards), Standard 2201 - Planning Considerations.

NEW QUESTION # 364
......

Exam IIA-CIA-Part2 Experience: https://www.testpassking.com/IIA-CIA-Part2-exam-testking-pass.html

2025 Latest TestPassKing IIA-CIA-Part2 PDF Dumps and IIA-CIA-Part2 Exam Engine Free Share: https://drive.google.com/open?id=1XIVQXf4sX9wGd_HsKQ_-ThkLfqzsXzcR