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

Become IIA Certified with updated IIA-CIA-Part2-3P exam questions and correct answers

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Total 485 Questions | Updated On: Aug 11, 2026

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Question 1

According to IIA guidance, which of re following actions should the internal auditor take immediately after having considered fraud scenarios and identified and prioritized fraud risks?

A : termine which controls if any are in place to mitigate the fraud risks

B : llow protocol for internal reporting and investigating fraud allegations

C : earch frauds that nave occurred t\ similar organizations

D : corporate the fraud risk assessment into the engagement plan

Answer: A

Question 2

As part of a preliminary study during an audit of the payment process in accounts payable, an internal auditor requests a list of procedures from the finance manager. The auditor intends to establish whether activities documented in the procedures are undertaken by respective employees as prescribed. Which of the following internal audit techniques will provide the most persuasive information to achieve this objective?

A : Interviewing the finance manager regarding the activities.

B : Mailing questionnaires to the accounts payable employees about the activities

C : Observing the activities as performed by the employees.

D : Reperforming the activities indicated in the payment procedures.

Answer: D

Question 3

An internal auditor e assessing the design of a control and has identified a potential significant weakness. The auditor shared his concern with management however management does not agree that the weakness is significant. What should the internet auditor do next?

A : rform additional audit work to better articulate the risk

B : port the finding that management has accepted a level of risk that is unacceptable.

C : oceed to testing how effectively the control is opening.

D : cause the design weakness has been identified no additional audit work is needed

Answer: A

Question 4

Acceding to IIA guidance, which of the following statements is true regarding the risk assessment process performed by the internal audit activity?

A : assessment of high-level risks is typically a linear process.

B : nagement should create the preliminary risk matrix

C : analysis should begin with ne identification of objectives

D : kelihood should receive greater consideration than impact

Answer: C

Question 5

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 : amining the entire population

B : king management about the malpractice

C : ting a sample of random transactions.

D : ing data analytics

Answer: D

Page: 1 / 97

Total 485 Questions | Updated On: Aug 11, 2026

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