IIA IIA-CGAP Online Practice Questions and Exam Preparation

IIA IIA-CGAP Online Questions & Answers

• Question 211:

  All of the following are the construction issues while developing a questionnaire EXCEPT:

  A. The questions should be as simple, direct, and unambiguous as possible.
  B. Any unique or seldom used terms should be clearly defined.
  C. Response choices should be consistent (avoid use of the most positive choice first in one question, followed by a question where the most negative response choice is first).
  D. Avoid asking leading questions such as, "Do you believe that minority quotas are an unfair means of allocating political favors to specific voter groups?"
  D. Avoid asking leading questions such as, "Do you believe that minority quotas are an unfair means of allocating political favors to specific voter groups?"

• Question 212:

  The term descriptive statistics refers to methods designed to describe or summarize the characteristics of a data set. All of The following analysis procedures are associated with descriptive statistics EXCEPT:

  A. Collection and organization of raw data.
  B. Collection of company records
  C. Collection of employee's records
  D. Classification and graphic presentation of the data in a frequency distribution format.
  A. Collection and organization of raw data.
  D. Classification and graphic presentation of the data in a frequency distribution format.

• Question 213:

  The control environment sets the tone of an organization and influences the control consciousness of its employees. The characteristics of an effective control environment are all of the following EXCEPT:

  A. Management communicates the importance of internal controls to all employees.
  B. A system is in place to monitor controls on a regular basis.
  C. Employees are held accountable for their performance.
  D. Employees don not have clearly defined responsibilities.
  D. Employees don not have clearly defined responsibilities.

• Question 214:

  A three-step general methodology to use in assessing computer related controls consist of all of the following please choose the correct option:

  A. Evaluate general controls at the entity or installation level.
  B. Evaluate general controls as they are applied to the application(s) being examined, such as a payroll system or a loan accounting system.
  C. Evaluate application controls, which are the controls over input, processing, and output of data associated with individual applications.
  D. All of above.
  D. All of above.

• Question 215:

  Statistical sampling allows the auditor to limit sampling risk to an acceptable level. Following are major classifications of sample selection are all of the following EXCEPT:

  A. Judgment samples
  B. Probability samples
  C. Random sample
  D. Both A and B
  D. Both A and B

• Question 216:

  What type of reviews are designed to determine whether the audit units internal quality control system is in place and operating effectively to provide reasonable assurance that established policies and procedures and applicable auditing standards are being followed or not?

  A. Quality assurance reviews
  B. Over-the-shoulder reviews
  C. Formal reviews
  D. E-mail pass-around reviews
  A. Quality assurance reviews

• Question 217:

  ________ generally have provisions for removing sensitive information from audit files. The ________ provides that before an audit is issued to the public, auditors are responsible for removing any confidential information from the work papers.

  A. Policy guidelines, Illinois State Auditing Act
  B. Audit guidelines, Illinois State Auditing Act
  C. Audit guidelines, public audit act 2001
  D. Policy guidelines, public audit act 2001
  B. Audit guidelines, Illinois State Auditing Act

• Question 218:

  All of the following are types of audit services EXCEPT:

  A. Audits of Compliance and Audits of Information and related technology
  B. Audits of Financial Statements and Audits of Financial Systems
  C. Audits of Performance/Value-for-Money/Operations (economy, efficiency, effectiveness).
  D. Quality services
  D. Quality services

• Question 219:

  Circumstances that contribute to the difficulty of measuring experimental programs include all of the following EXCEPT:

  A. The program can be very small.
  B. The program may not be large enough to draw useful inferences from the results.
  C. Lack of baseline data to compare program results with.
  D. Some outcomes can be hard to measure either from the lack of measurement instruments, such as changes in self-esteem, or from the logistical difficulty in measuring.
  A. The program can be very small.

• Question 220:

  COSO was a private-sector initiative started in the 1980s to address the problem of fraudulent financial reporting. Problems continued to persist in the 1980s and the private sector was wary of additional government intervention, so all of the following five organizations banded together to form COSO please choose the correct option:

  A. American Institute of Certified Public Accountants
  B. Financial Executives Institute and American Accounting Association
  C. Institute of Management Accountants and the Institute of Internal Auditors
  D. All of the above
  D. All of the above