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IIA Internal Audit Practitioner Sample Questions:
1. Which of the following best describes a compliance audit engagement?
A) The auditor conducts a review to provide assurance that the external service provider of maintenance for the organization has an effective risk management process.
B) The auditor reviews controls of the oil shale mining process to assess adherence to safetyregulations established by local authorities.
C) The auditor analyzes the economic activity of the organization as measured and reported using international accounting standards.
2. Which of the following best demonstrates that appropriate and sufficient resources were allocated to an audit engagement to achieve its objectives?
A) Approved engagement work program.
B) Post-engagement survey of management of the audited area.
C) Staff skills audit.
3. Which of the following best describes an audit engagement in which the objective is to appraise the economy of an oil shale mining process and the degree to which yearly production targets are being achieved?
A) Operational
B) Business process improvement
C) Due diligence
4. According to The IIA's Code of Ethics, which of the following best illustrates the principle of confidentiality?
A) The auditor declined to delegate critical audit lead responsibilities to a new auditor.
B) The auditor declined to lead an audit of a department in which his nephew is the manager.
C) The auditor refused to use information learned during an audit to diversify his financial portfolio.
5. Which of the following best ensures that the internal audit activity is free from undue interference from management?
A) Audit policies and procedures that are comprehensive and well-documented, in accordance with the Standards.
B) An audit charter that defines the chief audit executive's functional reporting relationship with the board.
C) A board audit committee that is composed of competent, independent members.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |







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