Vendor: IIA
Exam Code: IIA-CIA-PART2
Exam Name: Certified Internal Auditor - Part 2, Conducting the Internal Audit Engagement
Certification: IIA Certifications
Total Questions: 1078 Q&A
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Updated on: Jun 14, 2026
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Which of the following conclusions would be appropriate for a beginning auditor performing an audit of a payroll department?
A. Employee taxes have been deducted at the correct rates, and the taxes have been forwarded to the appropriate government agency.
B. Although there is insufficient segregation of duties, the impact is mitigated by compensating controls.
C. The payroll computer system should be replaced.
D. The payroll department staff has the appropriate level of skills.
Which of the following actions by management would reduce an employee's opportunity to commit fraud?
A. Establishing physical controls over company assets.
B. Eliminating bonuses tied to sales or other performance goals.
C. Defining ethical behavior expectations in the company handbook.
D. Identifying consequences, such as termination, for fraudulent activities.
In preparing to facilitate a control self-assessment session, an auditor would be least likely to ensure that:
A. Key stakeholders are represented in the group.
B. An independent content expert is available to help settle disagreements.
C. Background research is completed to familiarize the auditor with relevant issues.
D. Management is consulted on the issues and priorities.
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