최신 IAA-IAP 무료덤프 - IIA Internal Audit Practitioner

A. Experience level of key management personnel, susceptibility of the process to fraud, and process automation.

B. Inherent process risks, as defined in a globally accepted risk and control framework.

C. Business objectives, risks to the objectives, and impact and likelihood of the risk occurring.

A. Control of goods

B. Authorization of requisitions

C. Matching goods received to requisitions

A. Reviewing the results of control effectiveness testing of the fixed asset capitalization subprocess.

B. Interviews with fixed asset management, control process walkthroughs, and internal control questionnaires.

C. Management's cost-benefit analysis of internal control alternatives considered in the design of the fixed asset accounting process.

A. Documentation of a walkthrough conducted on the process under review

B. Benchmarking information on the process under review compared to similar industries or organizational units

C. Testimonial evidence, such as survey responses, on the process under review

A. 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.

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

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.

A. Annual business conduct training was not performed over the past two years due to inadequate operating budgets.

B. The audit test was designed to evaluate compliance with the organization's policies and procedures related to business conduct and ethics.

C. As a result of inadequate business conduct training, 16% of the executive team was unaware of their obligation to report potential conflicts of interest.

A. Operational

B. Due diligence

C. Business process improvement

A. It enables internal auditors to analyze very large quantities of data.

B. It enables internal auditors to perform tests on data with the assistance of the organization's IT personnel.

C. It eliminates the need to obtain access privileges to relevant and reliable data.

A. Assisting with the development of policies and procedures

B. Facilitating organizational control self-assessments

C. Advising on control designs

A. Location of all global operations that acquire goods through the organization's global purchasing department

B. Current governance laws and regulations in the countries in which the organization operates

C. A list of all items acquired through the organization's global purchasing department in the past year