Free IIA IIA-ACCA Exam Questions

Become IIA Certified with updated IIA-ACCA exam questions and correct answers

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Total 610 Questions | Updated On: Sep 22, 2026

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Question 1

An IT contractor applied for an internal audit position at a bank. The contractor worked for the bank's IT security manager two years ago. If the audit manager interviewed the contractor and wants to extend a job offer, which of the following actions should the chief audit executive pursue?

A : low the audit manager to hire the contractor and state that the individual is free to perform IT audits, including security.

B : t allow the audit manager to hire the contractor, as it would be a conflict of interest.

C : low the audit manager to hire the contractor, but state that the individual is not allowed to work on IT security audits for one year.

D : t allow the audit manager to hire the contractor and ask the individual to apply again in one year.

Answer: A

Question 2

Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?

A : ense of achievement.

B : omotion.

C : cognition.

D : incremental increase in salary.

Answer: D

Question 3

Which of the following control features consists of a set of authorization codes that distinguishes among actions such as reading, adding, and deleting records?

A : ternally encrypted passwords

B : tem access privileges.

C : gon passwords

D : otocol controls.

Answer: B

Question 4

Forty-five percent of an organization's customer payments are submitted online. Eight percent of online payments are rejected. Executive management decides to outsource its online payment services to a contractor that will assume 75 percent of the total value of rejected payments. The organization estimates $1.25 million customer payments due during the contract period.

Which of the following represents the organization's residual risk for online customer payments due?

A : $11, 250

B : $25, 000

C : $33, 750

D : $45, 000

Answer: A

Question 5

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?

A : gh-yield bonds.

B : mmodity-backed bonds.

C : ro coupon bonds.

D : nk bonds.

Answer: C

Page: 1 / 122

Total 610 Questions | Updated On: Sep 22, 2026

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