Free IIA IIA-CIA-Part2 Exam Questions

Senior management of a dairy organization asks the internal audit activity to undertake an advisory service within the finance function and the internal audit activity subsequently issues a report. Which of the following is aligned with IIA guidance on monitoring the results of such an engagement?

Which of the following is not a primary purpose for conducting a walk-through during the initial stages of an assurance engagement? 

As part of internal audit's assistance with an annual external audit, the internal auditors are required to do a preliminary analytical review of all bank account balances. This involves verifying the current year end balances. as well as comparing the current year end balances with previous year end balances to highlight significant changes. Which of the following is the most reliable source for verification of the current year end bank balances?

During an assurance engagement, an internal auditor discovered that a sales manager approved numerous sales contracts for values exceeding his authorization limit. The auditor reported the finding to the audit supervisor, noting that the sales manager had additional new contracts under negotiation. According to IIA guidance, which of the following would be the most appropriate next step? 

Which of the following is a primary reason for an internal auditor to use a risk and control questionnaire when auditing financial processes?