Free IIA IIA-CHAL-QISA Exam Questions

Become IIA Certified with updated IIA-CHAL-QISA exam questions and correct answers

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Total 152 Questions | Updated On: Jun 06, 2025

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Question 1

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 2

An internal auditor believes that the internal audit activity's independence is impaired Which of the following actions should the internal auditor take first?

A : Report the impairment to senior management

B : Discuss the impairment with the audit manager.

C : Ascertain the best approach to disclose the impairment.

D : Decide on the extent of impact of the impairment

Answer: B

Question 3

An organization's health-care insurance costs have been rising approximately 10 percent per year for several years Which of the following analytical review procedures would best evaluate the reasonableness of the increase in health-care costs?

A : Develop a comparison of the costs incurred with similar costs incurred by other organizations

B : Obtain the government index of health-care costs for the comparable period of time and compare the rate of increase with that of the cost per employee incurred by the organization

C : Obtain a bid from another health-care administrator to provide the same administrative services as the current health-care administrator

D : Review all claims and compare with appropriate procedures to ensure that overpayments have not occurred

Answer: B

Question 4

The internal audit activity is responsible for which of the following actions related to an organization’s internal controls9

A : Mitigating risks affecting achievement of organizational objectives.

B : Enabling opportunities affecting achievement of organizational objectives.

C : Analyzing and advising regarding costs versus benefits of control activities.

D : Attesting to fairness of financial statements

Answer: C

Question 5

Which of the following would be the most effective fraud prevention control?

A : Email alert sent to management for checks issued over S100.000.

B : installation of a video surveillance system in a warehouse prone to inventory loss

C : New hire training to explain fraud and employee misconduct.

D : Daily report that Identifies unsuccessful system log-in attempts

Answer: C

Page: 1 / 31

Total 152 Questions | Updated On: Jun 06, 2025

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