IIA IIA-CIA-Part2 Quiz 136 Topic 7 Questions 676-680

Question: 1

Engagement working papers are indexed by means of reference numbers. The primary purpose of indexing is to

APermit cross-referencing and simplify supervisory review.

BSupport the final engagement communication.

CEliminate the need for follow-up reviews.

DDetermine that working papers adequately support observations, conclusions, and
recommendations.

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Question: 2

Internal auditors often include summaries within their working papers. Which of the following best describes the purpose of such summaries?

ASummaries are prepared to conform with the Standards.

BSummaries are usually required to complete each section of an engagement work program.

CSummaries distill the most useful information from several working papers into a more usable form.

DSummaries document that the internal auditor has considered all relevant information.

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Question: 3

When engagement conclusions are challenged, the internal auditor's factual rebuttal is best facilitated by

ASummaries in the engagement work program.

BPro forma working papers.

CCross-referencing of the working papers.

DExplicit procedures in the engagement work program.

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Question: 4

Which of the following conditions constitutes inappropriate working-paper preparation?

AAll forms and directives used by the engagement client are included in the working papers.

BFlowcharts are included in the working papers.

CEngagement observations are cross-referenced to supporting documentation.

DTick marks are explained in notes.

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Question: 5

Which type of working-paper summary is typically used to consolidate numerical data scattered among several schedules?

AStatistical summaries.

BSegment summaries.

CResults summaries.

DPyramid summaries.

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IIA IIA-CIA-Part2 Quiz:136 Topic:7 Questions:676-680