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 16, 2026

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Question 1

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 2

Which of the following statements is true regarding partnership liquidation?

A : Operations can continue after the liquidation, if all partners agree.

B : Partnership liquidation ends both the legal and economic life of an entity

C : Partnership liquidation occurs when there is capital deficiency.

D : When a partnership Is liquidated, each partner pays creditors from cash received

Answer: B

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

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 5

Which of the following is an example of a directive control?

A : Segregation of duties

B : Exception reports

C : Training programs,

D : Supervisory review.

Answer: C

Page: 1 / 31

Total 152 Questions | Updated On: Jun 16, 2026

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