IIA-CIA-Part1 Practice Test

Which of the following measurements could an auditor use in an audit of the efficiency of a
motor vehicle inspection facility?

A.

The total number of cars approved.

B.

The ratio of cars rejected to total cars inspected.

C.

The number of cars inspected per inspection agent.

D.

The average amount of fees collected per cashier.

To promote a positive image within an organization,a chief audit executive (CAE) adjusted
the audit plan to focus on assurance engagements that highlighted potential costs to be
saved. Negative observations were to be omitted from engagement final communications.
Which action taken by the CAE would be considered a violation of the Standards?
I.The focus of the audit function was changed without modifying the audit charter or notifying the audit committee.
II.Negative observations were omitted from the engagement final communications.
III.Cost savings and recommendations were highlighted in the engagement final communications.

A.

IIonly

B.

I and IIonly

C.

I and IIIonly

D.

I,II,and III.

In a manufacturing organization,all sales prices are determined centrally and are
electronically sent to the distribution centers to update their sales price tables. Any pricing
deviations must beapproved by central headquarters. To determine how this process is
functioning,an internal auditorshould:

A.

Document the flow of sales price information,and determine how the table is accessed and updated.

B.

Develop a flowchart of the sales order process to determine how orders are taken and priced.

C.

Identify who approves the shipment of goods and how the goods are priced.

D.

Obtain a copy of the existing flowchart for the computer program to determine how price
data are accessed.

Which of the following activities most significantly increases the risk that a bank will make
poor-quality loans to its customers?

A.

Borrowers may not sign all required mortgage loan documentation.

B.

Fees paid by the borrower at the time of the loan may not be deposited in a timely manner.

C.

The bank's loan documentation may not meet the government's disclosure requirements.

D.

Loan officers may override the lending criteria established by senior management.

Which of the following statements regarding segregation of duties is true?

A.

When evaluating an organization's policy on segregation of duties,employee
competence does not need to be considered.

B.

An organizational chart provides an accurate definition of segregation of duties.

C.

A restrictive segregation-of-duties policy can help improve an organization's communication.

D.

Policies on segregation of duties in information systems must recognize the difference
between logical and physical access to assets.