Open the auxiliary access

Firefly Open Source Community

   Login   |   Register   |
New_Topic
Firefly Open Source Community › Core Board › Core-3328-JD4› IIA IIA-CIA-Part2 Questions - Reduce your Chances of ...
New Topic
Print Previous Topic Next Topic

[General] IIA IIA-CIA-Part2 Questions - Reduce your Chances of Failure in Exam

dougree991

129

Credits

0

Prestige

0

Contribution

registered members

Rank: 2

Credits
129

【General】 IIA IIA-CIA-Part2 Questions - Reduce your Chances of Failure in Exam

Posted at yesterday 18:59      View：7 | Replies：0        Print      Only Author   [Copy Link] 1#
P.S. Free 2026 IIA IIA-CIA-Part2 dumps are available on Google Drive shared by DumpStillValid: https://drive.google.com/open?id=1BNkJYNivZMkiLV-OuDYC6KC1_Kuq4DQc
Try to have a positive mindset, keep your mind focused on what you have to do. Self- discipline is important if you want to become successful. Learn to reject temptations. As old saying goes, no pains no gains. Learning our IIA-CIA-Part2 study materials will help you calm down. What you have learned will finally pay off. It is never too late to learn. You still have the chance to obtain the IIA-CIA-Part2 certificate. What is more, many people have harvest happiness and success after passing the IIA-CIA-Part2 exam. Then you are available for various high salary jobs.
IIA-CIA-Part2 exam covers a wide range of topics related to internal auditing, including internal control and risk management, fraud detection and prevention, governance and ethics, and communication skills. IIA-CIA-Part2 Exam consists of 100 multiple-choice questions, which must be completed within 2.5 hours. To pass the exam, candidates must achieve a minimum score of 600 out of a possible 800 points.
New IIA-CIA-Part2 Cram Materials | Reliable IIA-CIA-Part2 Exam AnswersYou also get the opportunity to download the latest IIA-CIA-Part2 pdf questions and practice tests up to three months from the date of IIA Practice of Internal Auditing exam dumps purchase. So rest assured that with IIA IIA-CIA-Part2 real dumps you will not miss even a single IIA-CIA-Part2 Exam Questions in the final exam. Now take the best decision of your career and enroll in IIA Practice of Internal Auditing certification exam and start this journey with Practice of Internal Auditing IIA-CIA-Part2 practice test questions.
IIA Practice of Internal Auditing Sample Questions (Q258-Q263):NEW QUESTION # 258
During an audit of an ethics program, which of the following procedures are most appropriate to evaluate the effectiveness of the program?
* Testing whether corrective actions taken on involved parties breaching the ethics program are adequate.
* Testing whether all employees are mandated through policy to comply with the ethics program.
* Testing whether all employees are required to confirm in writing their compliance with the ethics program.
* Testing through surveys employee's level of understanding and commitment to the ethics program.
  • A. 1 and 4 only
  • B. 1 and 2 only
  • C. 2 and 3 only
  • D. 3 and 4 only
Answer: A
Explanation:
Section: Volume C

NEW QUESTION # 259
An audit of customer accounts receivable found that outstanding receivables as a percentage of revenue had increased significantly during the past two years. The increase was attributed to the extension of credit, at the urging of the marketing department, to a number of companies that were not creditworthy. Which of the following would be least useful in monitoring the disposition of this finding?
  • A. Responses from the manager of accounts receivable regarding collection of outstanding receivables.
  • B. Periodic updates from the controller regarding the status of corrective actions.
  • C. Information from the credit and marketing personnel assigned the responsibility for reevaluating credit policies.
  • D. Updates from the information technology division regarding implementation of a new accounts receivable system.
Answer: D

NEW QUESTION # 260
Which of the following is critical for assessing the effectiveness of an organization's risk management framework?
  • A. The organization's ongoing risk monitoring process.
  • B. The organization's attitude to hierarchy.
  • C. The organization's risk management policy.
  • D. The organization's whistleblowing strategy.
Answer: A
Explanation:
The organization's ongoing risk monitoring process is the most critical factor because risk management is a continuous activity. The Chief Audit Executive (CAE) must ensure that identified risks are addressed within the context of ongoing risk monitoring. This enables management to take corrective action and integrate risk mitigation into strategic planning.
* The organization's attitude to hierarchy (A) may influence communication effectiveness but does not determine risk response.
* The organization's whistleblowing strategy (B) relates more to reporting misconduct rather than managing identified risks.
* The organization's risk management policy (D) sets overall guidelines, but ongoing risk monitoring ensures practical application.
Reference:IIA's International Standards for the Professional Practice of Internal Auditing (Standards) - Standard 2120: Risk Management.

NEW QUESTION # 261
During an entity-level controls assessment, internal auditors deploy an internal control questionnaire to test the controls. Which of the following is a major drawback of this testing method?
  • A. It is an inefficient method of gathering evidence.
  • B. Limited information can be gathered with this method.
  • C. Information obtained by this method is difficult to quantify.
  • D. Information obtained by this method can be repudiated.
Answer: D
Explanation:
An internal control questionnaire (ICQ) is a commonly used tool in the assessment of entity-level controls. It is a structured set of questions that auditors use to gather information about the controls in place within an organization. However, while this method can be efficient for gathering broad-based information, it has certain limitations, one of the most significant being that the information obtained can be repudiated.
Repudiation refers to the possibility that the information provided by respondents can be denied or questioned later. This is a key drawback because the responses in an ICQ are typically self-reported and may not be fully accurate or reliable. Respondents may either misunderstand the questions or provide answers that are overly optimistic, biased, or not fully truthful. This can compromise the reliability of the evidence gathered through this method.
IIA References:
* According to IIA's International Professional Practices Framework (IPPF), particularly in the Implementation Guides that accompany the Standards, internal auditors are encouraged to use various techniques for gathering evidence to ensure the completeness, accuracy, and reliability of the information. The guide cautions that self-reported data, such as that obtained through questionnaires, should be corroborated with additional evidence.
* IIA Standard 2310: Identifying Information states that internal auditors must identify sufficient, reliable, relevant, and useful information to achieve the engagement's objectives. The limitations of the ICQ, particularly the risk of repudiation, directly relate to the reliability of the information obtained.
* Additionally, the IIA's Practice Guide on Evaluating Internal Controls suggests that while ICQs are useful in gaining an initial understanding of control environments, they should not be relied upon as the sole source of evidence. This emphasizes the need for corroborative evidence to address the risk of repudiation.
Given these considerations, the correct answer is A. Information obtained by this method can be repudiated because the self-reported nature of ICQs inherently carries the risk of repudiation, thus questioning the reliability of the control assessment finding

NEW QUESTION # 262
Which of the following is a red flag associated with improper asset valuation?
  • A. Unusual increase in gross margin.
  • B. Allowance for bad debts that is increasing in percentage terms.
  • C. Recurring positive cash flows from operations.
  • D. Unusual decrease in the number of days' purchases in inventory.
Answer: A

NEW QUESTION # 263
......
When you buy things online, you must ensure the security of online purchasing, otherwise your rights will be harmed. Our IIA-CIA-Part2 study tool purchase channel is safe, we invite experts to design a secure purchasing process for our IIA-CIA-Part2 qualification test, and the performance of purchasing safety has been certified, so personal information of our clients will be fully protected. All customers can feel comfortable when they choose to buy our IIA-CIA-Part2 Study Tool. We have specialized software to prevent the leakage of your information and we will never sell your personal information because trust is the foundation of cooperation between both parties. A good reputation is the driving force for our continued development. Our company has absolute credit, so you can rest assured to buy our IIA-CIA-Part2 test guides.
New IIA-CIA-Part2 Cram Materials: https://www.dumpstillvalid.com/IIA-CIA-Part2-prep4sure-review.html
P.S. Free 2026 IIA IIA-CIA-Part2 dumps are available on Google Drive shared by DumpStillValid: https://drive.google.com/open?id=1BNkJYNivZMkiLV-OuDYC6KC1_Kuq4DQc
https://www.practicevce.com
Reply

Use props Report

Return to List
High mode
B Color Image Link Quote Code Smilies
You need to log in before you can reply Login | Register

This forum Credits Rules

  •  

Service Hotline : (+86)18688117175
Contact us
E-mail : global@t-firefly.com
Copyright © 2014-2022, FIREFLY TECHNOLOGY CO.,LTD. All Rightts Reserved. 粤ICP备14022046号-2
Quick Reply Back to top Back to list