Free Practice IIA IIA-CHAL-QISA Exam Questions 2025

Stay ahead with 100% Free Qualified Info Systems Auditor CIA Challenge IIA-CHAL-QISA Dumps Practice Questions

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Total 152 Questions | Updated On: Jan 27, 2025

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Question 1

Organizations that adopt just-in-time purchasing systems often experience which of the following?

A : A slight increase in carrying costs.

B : A greater need for inspection of goods as the goods arrive

C : A greater need for linkage with a vendors computerized order entry system.

D : An Increase in the number of suitable suppliers

Answer: C

Question 2

Which of the following is most likely the subject of a periodic report from the chief audit executive to the board

A : A complete, accurate, and comprehensive account of engagement observations and recommendations.

B : Oversight of the coordination between the internal audit activity and independent outside auditors

C : The internal audit activity's purpose, authority, responsibility, and performance relative to plan.

D : Management's assertions regarding the system of internal controls.

Answer: C

Question 3

An internal auditor has discovered that duplicate payments were made to one vendor Management has recouped the duplicate payments as a corrective action Which of the following describes managements action in this case?

A : A condition-based action plan

B : A cause-based action plan.

C : A root cause-based action plan.

D : An effect-based action plan.

Answer: D

Question 4

Which of the following is most likely to be considered a control weakness?

A : Vendor invoice payment requests are accompanied by a purchase order and receiving report.

B : Purchase orders are typed by the purchasing department using prenumbered forms

C : Buyers promptly update the official vendor listing as new supplier sources become known.

D : Department managers initiate purchase requests that must be approved by the plant superintendent

Answer: C

Question 5

The internal audit activity is currently working on several engagements, including a consulting engagement on the management process in the human resources department. Which of the following actions should the chief audit executive take to most efficiently and effectively ensure the quality of the engagement?

A : Assign an experienced manager to monitor the whole engagement process.

B : Employ fieldwork peer review to enhance the work quality.

C : Require internal auditors to follow a standardized work program.

D : Personally supervise the engagement

Answer: B

Page: 1 / 31

Total 152 Questions | Updated On: Jan 27, 2025

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