100% Free IIA IIA-CIA-Part2-3P Practice Test Questions

Question 1

An internal auditor has suspicions that the management of a department splits me number of planned purchases to avoid the approval process required for larger purchases. Which of the following would be the most efficient technique to help the auditor identify the seventy of this malpractice?

A : Examining the entire population

B : Asking management about the malpractice

C : Testing a sample of random transactions.

D : Using data analytics

Answer: D

Question 2

Which of the following is the primary purpose of implementing a program whereby employees are rotated from other parts of the organization into the internal audit activity?

A : It provides the internal audit activity with more resourcing options to meet the audit plan

B : It offers internal auditors the opportunity to learn more about other work areas.

C : It gives nonauditors a better understanding of the control environment.

D : It provides an opportunity for the recruitment of employees as permanent internal auditors

Answer: B

Question 3

Which of the following attribute sampling methods would be most appropriate to use to measure the total misstatement posted to an accounts payable ledger?

A : Stop-or-go sampling.

B : Probability-to-proportional size sampling.

C : Classical variable sampling.

D : Discovery sampling.

Answer: C

Question 4

An internal auditor has suspicions that the management of a department splits me number of planned purchases to avoid the approval process required for larger purchases. Which of the following would be the most efficient technique to help the auditor identify the seventy of this malpractice?

A : Examining the entire population

B : Asking management about the malpractice

C : Testing a sample of random transactions.

D : Using data analytics

Answer: D

Question 5

The audit manager asked the internal auditor to perform additional testing because several irregularities were found in the financial information. Which of the following would be the most appropriate analytical review for the auditor to perform?

A : Compare the firm's financial performance with organizations in the same industry

B : Interview all managers involved in preparing the financial statements

C : Perform a bank reconciliation to confirm the cash balance in the financial statements.

D : Trace each financial transaction to the original supporting document

Answer: A

Free Practice IIA IIA-CIA-Part2-3P Exam Questions 2025