IIA-CCSA Online Practice Questions and Answers

The aim of the workshop is to evaluate, update, validate, improve and streamline the whole process and its component activities in:

A. Procedure-based format

B. Process-based format

C. Activity-based format

D. Process-based format

Weak internal controls, lack of fraud policy, fiscal problems are all fraud warning signs of:

A. Personality characteristics

B. Organizational characteristics

C. Operational characteristics

D. Risk characteristics

Unrestricted access to subsidiary ledgers and general ledger is a fraud warning sign of:

A. Accounts payable

B. Cash receipt

C. Inventory

D. Accounts receivable

The measures are generally quantitative in that they measure the quantities of products or services delivered by an organization are referred to as:

A. Output measures

B. Extensive measures

C. Experimental measures

D. Operational measures

Comparison of cost of a program or activity to a measurable unit of output or outcome is called cost-residuary impact.

A. True

B. False

Operational risk is the day to day mitigation of safety and health risks of employees performing their jobs.

A. True

B. False

Which of the following is correct?

A. External control is geared to the achievement of objectives in one or more dispersed categories.

B. Internal control is geared to the achievement of objectives in one or more separate but overlapping categories.

C. External control is geared to the achievement of objectives in one or more separate but overlapping categories.

D. Internal control is geared to the achievement of objectives in one or more dispersed categories.

___________ is the uncertainty or exposures that exist assuming no controls are in place.

A. Systematic risk

B. Business risk

C. Procedural risk

D. Inherent risk

___________ is charged with overseeing the establishment, administration and evaluation of the processes of risk management and control.

A. Senior management

B. Junior management

C. Governance

D. Organization

Which of the following is correct?

A. A system of design includes the activities that help ensure that management's strategies and directives are carried out.

B. A system of process the activities that help ensure that management's strategies and directives are carried out.

C. A system of control includes the activities that help ensure that management's strategies and directives are carried out.

D. A system of change includes the activities that help ensure that management's strategies and directives are carried out.