IIA-CIA-Part2 Exam Dumps | An internal auditor developed a list of internal and external risk considerations across the organization's

<< Prev Question Next Question >>

Question 201/229

An internal auditor developed a list of internal and external risk considerations across the organization's processes, developed a scale to assess each risk and allocated the relative importance of each risk. When of the following approaches did the auditor take?

A. Top-down approach

B. Process-Metrix approach

C. Risk-factor approach

D. Bottom up approach

Question List (229q): Question 1: Which of the following is most likely the subject of a perio...; Question 2: An examination of the accounts payable function evidenced mu...; Question 3: Which of the following approaches would best help an interna...; Question 4: What type of audit engagement would be the most appropriate ...; Question 5: According to IIA guidance, which of the following typically ...; Question 6: An internal audit activity has to confirm the validity of th...; Question 7: Due to price risk from the foreign currency purchase of avia...; Question 8: Which of the following is a primary reason for an internal a...; Question 9: Which of the following best describes the four components of...; Question 10: What information would be most useful to an internal auditor...; Question 11: According to IIA guidance, which of the following are the mo...; Question 12: Which of the following statements describes an engagement pl...; Question 13: An internal auditor accessed accounts payable records and ex...; Question 14: According to IIA guidance, which of the following strategies...; Question 15: An engagement supervisor reviewed a staff internal auditor's...; Question 16: An internal audit activity is planning its first audit of IT...; Question 17: Which of the following is the primary reason a chief audit e...; Question 18: An organization is experiencing a significant risk that thre...; Question 19: While performing fieldwork for an assurance engagement, a me...; Question 20: Which of the following would most Holy reflect the best poss...; Question 21: Which of the following is the best option for the chief audi...; Question 22: Some lime after the final audit report was issued, the engag...; Question 23: According to IIA guidance, which of the following statements...; Question 24: As part of internal audit's assistance with an annual extern...; Question 25: According to the IIA guidance, which of the following foes t...; Question 26: An internal auditor reviewed bank reconciliations prepared b...; Question 27: An internal auditor tested whether purchase orders were supp...; Question 28: An internal auditor wants to compare performance information...; Question 29: Which of the following approaches to understanding business ...; Question 30: An organization's finance manager plans to implement a state...; Question 31: During an audit of the accounts receivable (AR) process, an ...; Question 32: Which of the following is a justifiable reason for omitting ...; Question 33: According to an internal audit observation, the organization...; Question 34: An internal auditor at a bank informed the branch manager of...; Question 35: An internal auditor wanted to determine whether the organiza...; Question 36: The head of customer service asked the chief audit executive...; Question 37: An internal audit manager assigns an audit team to test purc...; Question 38: Which of the following statements is true regarding risk ass...; Question 39: An internal auditor is asked to perform an assurance engagem...; Question 40: An internal auditor is planning a consuming engagement and t...; Question 41: Which of the following manual audit approaches describes tes...; Question 42: A code of business conduct should include which of the follo...; Question 43: Which of the following factors should a chief audit executiv...; Question 44: An organization buys crude oil on the open market and refine...; Question 45: While conducting an audit of a third party's Web-based payme...; Question 46: Which of the following is not a primary reason for outsourci...; Question 47: An internal auditor is preparing an internal control questio...; Question 48: An internal auditor is planning an engagement at a financial...; Question 49: Which of the following methodologies consists of the interna...; Question 50: Which of the following is essential for ensuring that the in...; Question 51: Which of the following steps should an internal auditor comp...; Question 52: Which of the following statements is true regarding engageme...; Question 53: According to HA guidance, the chief audit executive is direc...; Question 54: The internal audit activity has requested that new vendor in...; Question 55: In which of the following situations has an internal audit o...; Question 56: An internal auditor was reviewing the procurement department...; Question 57: According to IIA guidance, which of the following procedures...; Question 58: An internal auditor s examination of accounts receivable gen...; Question 59: According to MA guidance, which of the following factors sho...; Question 60: An internal auditor wanted to determine whether company vehi...; Question 61: Which of the following is one of the five attributes that in...; Question 62: An internal auditor submitted a report containing recommenda...; Question 63: Which of the following is a disadvantage of using flowcharts...; Question 64: An internal auditor wants to identity potential ghost employ...; Question 65: During a consulting engagement an internal auditor wants to ...; Question 66: The audit manager asked the internal auditor to perform addi...; Question 67: Which of the following would most likely prompt special noti...; Question 68: Which of the following statement is consistent with IIA guid...; Question 69: Which of the following actions are appropriate for the chief...; Question 70: In the following risk control map risks have been categorize...; Question 71: Which of the following is one of the differences between pro...; Question 72: Which of the following is least likely to help ensure that r...; Question 73: An internal auditor is performing a review of an organizatio...; Question 74: According to IIA guidance, organizations have the most influ...; Question 75: During a review of the organization's waste management proce...; Question 76: Which of the following should be described in the recognitio...; Question 77: An internal auditor has suspicions that the management of a ...; Question 78: In a health care organization the internal audit activity pr...; Question 79: According to IIA guidance, which of the following are approp...; Question 80: According to IIA guidance, which of the following actions mi...; Question 81: Which of the following would be most useful for an internal ...; Question 82: An internal auditor is examining the organization's internal...; Question 83: In order to obtain background information on an assigned aud...; Question 84: Which of the following is an example of a properly supervise...; Question 85: An internal auditor is preparing for an auditor of newly imp...; Question 86: A corporate merger decision prompts the cruel audit executiv...; Question 87: If there is a significant error or omission in the final aud...; Question 88: An organization is expanding into a new line of business sel...; Question 89: A manufacturer is under contract to produce and deliver a nu...; Question 90: Which of the following factors would be the most critical in...; Question 91: Which of the following is a detective control for managing t...; Question 92: Which of the following would be the most helpful to a chief ...; Question 93: The audit plan requires a review of the testing procedures u...; Question 94: During a fraud interview, it was discovered that unquestione...; Question 95: According to IIA guidance, how should an internal auditor ap...; Question 96: An internal auditor used a risk and control matrix to prepar...; Question 97: Which of the following actives is an internal auditor most l...; Question 98: Which of the following statements about internal audit's fol...; Question 99: According to IIA guidance, which of the following is true re...; Question 100: What is the primary purpose of using a flowchart in the inte...; Question 101: Which of the following statements is true regarding internal...; Question 102: A chief audit executive (CAE) is trying to balance the inter...; Question 103: In an organization with a large internal audit activity that...; Question 104: If observed during fieldwork by an internal auditor, which o...; Question 105: Which method of examining entity-level controls involves gat...; Question 106: An internal auditor has been assigned to facilitate a risk a...; Question 107: An internal auditor observes a double payment transaction on...; Question 108: To compete in the global market, an organization is restruct...; Question 109: Acceding to MA guidance, when of the Mowing strategies would...; Question 110: The chief audit executive of an international organization i...; Question 111: An organization s inventory is stored m multiple warehouses....; Question 112: Which of the following would help the internal audit activit...; Question 113: The chief risk officer (CRO) of a large manufacturing organi...; Question 114: According to IIA guidance, which of the following statements...; Question 115: According to the Standards, which of the following is true r...; Question 116: During the planning phase of an assurance engagement, an int...; Question 117: When estimating the impact of an inherent risk, which of the...; Question 118: A chief audit executive (CAE) received a detailed internal r...; Question 119: Which of the following is the most appropriate objective for...; Question 120: An audit identified a number of weaknesses in the configurat...; Question 121: According to IIA guidance, which of the following objectives...; Question 122: The chief audit executive (CAE) of an organization has compl...; Question 123: According to IIA guidance,which of the following is true abo...; Question 124: What is the purpose of an internal control questionnaire?...; Question 125: Following an audit, management developed an action plan to i...; Question 126: Which of the following is one of the five basic tnanoal stat...; Question 127: The internal audit manager has been delegated the task of pr...; Question 128: Which of the following internal control attributes should in...; Question 129: Which of The following best describes a risk that is deemed ...; Question 130: Which of the following is the primary purpose of financial s...; Question 131: Which of the following statements generally true regarding a...; Question 132: An internal audit activity plans its engagements based on an...; Question 133: Which of the following is the primary reason for internal au...; Question 134: Acceding to IIA guidance, when of the Mowing is an assurance...; Question 135: Which of the following statements is true regarding internal...; Question 136: According to IIA guidance, which of the following is a limit...; Question 137: Which of the following audit steps would an internal auditor...; Question 138: An organization owns vehicles that are kept off-site by empl...; Question 139: An internal control questionnaire would be most appropriate ...; Question 140: According to the Standards, which of the following is leasti...; Question 141: Where should internal auditor focus their attention when ide...; Question 142: Which scenario would be most appropriate for using an intern...; Question 143: Which of the following evaluation criteria would be the most...; Question 144: Management has taken immediate action to address an observat...; Question 145: When forming an opinion on the adequacy of management's syst...; Question 146: Which of the following is most appropriate for internal audi...; Question 147: When determining the level of staff and resources to be dedi...; Question 148: In which of the following situations would an internal audit...; Question 149: Which type of assurance engagement is conducted to determine...; Question 150: The head of customer service asked the chief audit executive...; Question 151: Management testimony of improper segregation of duties in th...; Question 152: Which of the following is the most important concept to be i...; Question 153: According to the International Professional Practices Framew...; Question 154: Which of the following is an effective approach for internal...; Question 155: An internal auditor e assessing the design of a control and ...; Question 156: What is the primary purpose of issuing a preliminary communi...; Question 157: The newly appointed chief audit executive (CAE) of a large m...; Question 158: Which of the following is critical to the success of an effe...; Question 159: Due to a recent system upgrade, an audit is planned to test ...; Question 160: An internal audit report includes a recommendation to remove...; Question 161: According to IIA guidance, which of the following activities...; Question 162: How do internal auditors generally determine the priority of...; Question 163: Which of the followings statements describes a best practice...; Question 164: Which of the following statements is true pertaining to inte...; Question 165: According to IIA guidance, which of the following accurately...; Question 166: An employee in the sales department completes a purchase req...; Question 167: Which of the following components should be included in an a...; Question 168: An internal auditor wants to assess the completeness of sale...; Question 169: While reviewing the organization's financial year-end proces...; Question 170: Which of the following statistical sampling approaches is th...; Question 171: An organization's board would like to establish a formal ris...; Question 172: Which of the following are advantages of flowcharts over int...; Question 173: As a result of server managements assumption of risk there i...; Question 174: After the team member who specialized in fraud investigation...; Question 175: The chief audit executive was asked to define me internal au...; Question 176: An organization has a mature control environment but limited...; Question 177: An internal audit team was conducting an assurance engagemen...; Question 178: According to IIA guidance, which of the following statements...; Question 179: An internal auditor performed a test of controls and found t...; Question 180: An internal auditor recommended that an organization impleme...; Question 181: According to IIA guidance, which of the following activities...; Question 182: How should an internal auditor approach preparing a detailed...; Question 183: According to IIA guidance, which of the following would not ...; Question 184: Which of the following statements is true regarding a drawba...; Question 185: An internal auditor determines that certain information from...; Question 186: Which of the following situations is most critical for the c...; Question 187: Which of the following actions is the most appropriate respo...; Question 188: Senior management requested that the internal audit activity...; Question 189: Which of the following actions should the chief audit execut...; Question 190: During audit engagement planning, an internal auditor is det...; Question 191: For an action plan to be effective, it should be designed pr...; Question 192: A chief audit executive (CAE) determined that management cho...; Question 193: An internal auditor was assigned to review controls in the a...; Question 194: Which of the following is an example of a compliance assuran...; Question 195: Which of the following would be most likely found in an inte...; Question 196: According to IIA guidance, which of the following is most li...; Question 197: During follow-up. the internal auditor discovered that opera...; Question 198: Which of the following factors would the auditor in charge b...; Question 199: The chief audit executive of a medium-sized financial instit...; Question 200: Which of the following is a true statement regarding the use...; Question 201: An internal auditor developed a list of internal and externa...; Question 202: In which of the following situations would an internal contr...; Question 203: Which of the following best describes external benchmarking ...; Question 204: An organization recently acquired a subsidiary in a new indu...; Question 205: According to IIA guidance, which of the following is true wh...; Question 206: The audit committee has asked the chief audit executive (CAE...; Question 207: When auditing an organization's cash-handling activates whic...; Question 208: An internal auditor is assessing the organization's risk man...; Question 209: A toy manufacturer receives certain components from an overs...; Question 210: During follow-up, the chief audit executive (CAE) is having ...; Question 211: The internal auditors available to perform the engagement do...; Question 212: Due to emerging new technologies that greatly affect the org...; Question 213: Which of the following sources of testimonial evidence would...; Question 214: Which of the following describes the primary objective of an...; Question 215: An internal auditor uses a data query tool in the purchasing...; Question 216: New environmental regulations require the board to certify t...; Question 217: After completing an assurance engagement, the chief audit ex...; Question 218: Which of the following conditions are necessary for successf...; Question 219: In which of following scenarios is the internal auditor perf...; Question 220: According to IIA guidance which of the following statements ...; Question 221: The internal audit activity is currently working on several ...; Question 222: During an engagement in one of the subsidiaries of an organi...; Question 223: In addition to gathering information, which of the following...; Question 224: A newly promoted chief audit executive (CAE) is faced with a...; Question 225: An internal auditor is asked to determine why the production...; Question 226: Which of the following is the advantage of using internal co...; Question 227: According to IIA guidance, when of the Mowing statements is ...; Question 228: Which of the following is an example of internal benchmarkin...; Question 229: The chief audit executive (CAF) determined that the residual...

Question 201/229

LEAVE A REPLY

Download PDF File