Free IIA IIA-IAP Exam Questions

Become IIA Certified with updated IIA-IAP exam questions and correct answers

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Total 1102 Questions | Updated On: Mar 24, 2026

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Question 1

A senior police officer was in charge of the cash fund used for undercover operations. In this situation, which of the following would likely be considered a red flag?

A : The officer has no professional qualifications.

B : The officer appears to be living beyond his means.

C : The officer never speaks about the operations.

Answer: B

Question 2

Which of the following is an indicator of increased risk of fraud? The controller

A : Takes no vacations and has refused promotion to vice president of finance.

B : Takes no vacations and has just accepted a promotion to vice president of finance.

C : Takes all vacations and has just accepted a promotion to vice president of finance.

D : Takes all vacations and has refused promotion to vice president of finance.

Answer: A

Question 3

An external quality assessment team was evaluating the independence of an internal audit activity. The internal audit activity performs engagements concerning all of the elements included in its scope. Which of the following reporting responsibilities is most likely to threaten the internal audit activity’s independence? Reporting to the

A : Executive vice president.

B : Chief financial officer.

C : Audit committee.

D : President.

Answer: B

Question 4

The new International Professional Practices Framework (IPPF) contains which of the following that was not a part of the previous IPPF?

A : Code of Ethics and Glossary

B : Definition of Internal Auditing and Practice Guides

C : Mission and Core Principles

D : International Standards and local standards for Internal Auditing

Answer: C

Question 5

An internal auditor is performing an internal control assessment at a manufacturing company. The auditor observed that the accounts payable clerks have the ability to create new vendors without management's review and approval. How should the auditor document this observation?

A : The observation doesn't affect the adequacy of the internal controls because the existing process controls ensure that invoices are promptly and accurately paid.

B : The observation is an internal control weakness; therefore, additional testing should be performed to determine whether secondary mitigating controls exist or whether the control should be redesigned.

C : The observation is a sign of adequate internal controls; however, effectiveness testing should be performed to ensure that the controls are operating as designed and intended.

Answer: B

Page: 1 / 221

Total 1102 Questions | Updated On: Mar 24, 2026

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