IIA-CIA-Part2 Practice Test

Which of the following potential performance measures should an auditor recommend excluding
from a performance scorecard?

A.

Number of employees.

B.

Market share.

C.

 Number of customer complaints.

D.

 Training dollars per employee

Which of the following is the best approach for obtaining feedback from engagement clients
regarding the quality of internal audit work?

A.

Ask questions during the exit interviews and send copies of the documented responses to the
clients.

B.

Call engagement clients after the exit interviews and send copies of the documented responses
to the clients.

C.

Distribute questionnaires to selected engagement clients shortly before preparing the internal
audit annual activity report.

D.

Provide questionnaires to engagement clients at the beginning of each engagement and
request that the clients complete and return them after the engagements

After completing a fraud investigation but before publishing a formal written report, the chief audit
executive should submit a draft of the final report to the organization's:

A.

Legal counsel.

B.

External auditor.

C.

Audit committee chairperson.

D.

Chief executive officer.

Senior management of an organization has requested that the internal audit activity provide
ongoing internal control training for all managerial personnel. This is best addressed by:

A.

A formal consulting engagement.

B.

An informal consulting engagement.

C.

A performance assurance engagement.

D.

An operational assurance engagement.

A key to effective benchmarking in a consulting engagement is identifying the issues that can be:|

 

A.

Reviewed by all internal audit staff members.

B.

Shared with all internal audit customers.

C.

Measured and controlled by the engagement client.

D.

Discussed with the board or audit committee