Question 1

An internal auditor is trying to assess control risk and the effectiveness of an organization's internal controls. Which of the following audit procedures would not provide assurance to the auditor on this matter?

Options :

A : Interviewing the organization-s employees.

B : Observing the organization-s operations.

C : Reading the board-s minutes.

D : Inspecting manuals and documents.

Answer: C

Question 2

Which of the following is true regarding the COSO enterprise risk management framework?

Options :

A : The framework categorizes an organization-s objectives to distinct, non overlapping objectives.

B : Control environment is one of the framework-s eight components.

C : The framework facilitates effective risk management, even if objectives have not been established.

D : The framework integrates with, but is not dependent upon, the corresponding internal control framework.

Answer: D

Question 3

Which of the following describes a mechanistic organizational structure?

Options :

A : Primary direction of communication tends to be lateral

B : Definition of assigned tasks tends to be broad and general

C : Type of knowledge required tends to be broad and professional

D : Reliance on self-control tends to be low

Answer: D

Question 4

Which of the following scenarios best illustrates a spear phishing attack?

Options :

A : Numerous and consistent attacks on the company’s website caused the server to crash and service was disrupted

B : A person posing as a representative of the company’s IT help desk called several employees and played a generic prerecorded message requesting password data

C : A person received a personalized email regarding a golf membership renewal, and he clicked a hyperlink to enter his credit card data into a fake website

D : Many users of a social network service received fake notifications of a unique opportunity to invest in a new product

Answer: C

Question 5

While performing an audit of a car tire manufacturing plant, an internal auditor noticed a significant decrease in the number of tires produced from the previous operating period. To determine whether worker inefficiency caused the decrease, what additional information should the auditor request?

Options :

A : Total tire production labor hours for the operating period

B : Total tire production costs for the operating period

C : Plant production employee headcount average for the operating period

D : Tire production machinery utilization rates

Answer: A

Free IIA-CIA-Part3 Mock Exam – Practice Online Confidently

Buying Options: