Free IIA IIA-IAP Exam Questions

During an accounts payable audit engagement, the internal auditor identified a risk that vendor invoices may be paid multiple times. Which of the following would be appropriate preventive controls to mitigate this risk? 

For a preliminary meeting with a client, the internal auditor has developed an agenda that includes, among other items, the topics for discussion listed below. Which is (are) appropriate for this meeting?1. The names of internal auditors present.2. The names of representatives of the audited function.3. An explanation of the analytical procedures the internal auditors will use to establish benchmarks for assessing activities.4. Review and sign-off of results to date.

During engagement planning, which of the following would provide an internal auditor with a sufficient understanding of the process being audited? 

Which of the following is most likely to be considered an indication of possible fraud?

Which of the following lists the audit activities in the order in which they would generally be completed during a preliminary survey?I. Write detailed audit procedures.II. Identify client objectives, goals, and standards.III. Identify risks and controls intended to prevent associated losses.IV. Determine relevant engagement objectives.