IIA IIA-CIA-Part1 Quiz 57 Topic 9 Questions 281-285

Question: 1

A member of the IT department transfers to the internal audit department. A few months after transferring, the new auditor volunteers to assist in an assurance engagement for the IT department. According to the Standards, how should the chief audit executive respond?

ADecline the offer because the internal auditor subordinated professional judgment, and objectivity is therefore impaired.

BDecline the offer because the internal auditor recently transferred from the IT department.

CAccept the offer because the internal auditor maintains an independent mental attitude and is therefore objective.

DAccept the offer because the internal audit charter grants the internal auditor authority to maintain objectivity.

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Question: 2

In selecting a team to perform an internal audit of a purchasing operation, which of the following characteristics would not preclude an auditor from being selected?

1. The auditor's spouse is employed by the clerical section of the purchasing records unit.

2. The auditor had been a purchasing agent five years earlier.

3. The auditor's family owns a business that regularly sells goods to the organization.

4. The auditor has received a desk calendar as a promotional gift from a vendor.

A1 and 3 only

B1 and 4 only

C2 and 3 only

D2 and 4 only

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Question: 3

A manufacturer uses improved linkage between order entry, production, and shipping to reduce raw materials and work-in-process inventory. Which type of fraud will these changes likely reduce?

APayment of fraudulent invoices.

BPurchases from a related party.

CTheft of resources from inventory.

DFalse reporting of hours worked.

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Question: 4

An internal auditor is researching the laws and regulations related to a city's grant program. Which of the following procedures is least relevant to this task?

AMaking inquiries of the audit committee about the nature of the grants.

BReviewing prior-year workpapers and asking officials if there have been any changes.

CReviewing applicable grant agreements.

DDiscussing the matter with the city's chief financial officer, legal counsel, or grant administrators.

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Question: 5

An internal auditor must determine which components of an organization's telecommunications may introduce the greatest risk. Which of the following tasks should the internal auditor complete first?

AReview the open systems interconnect network model.

BIdentify the network operating costs.

CMap the network software and hardware products into their respective layers.

DAscertain the business purpose of the network.

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IIA IIA-CIA-Part1 Quiz:57 Topic:9 Questions:281-285