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IIA IIA-CIA-PART2 Exam Dumps

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IIA IIA-CIA-PART2 Exam Dumps

Vendor: IIA
Exam Code: IIA-CIA-PART2
Exam Name: CIA Part 2 - Conducting the Internal Audit Engagement
Certification: Certified Internal
Total Questions: 604 Q&A
Updated on: Dec 16, 2024
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IIA IIA-CIA-PART2 Last Month Results

490
Successful Stories of IIA IIA-CIA-PART2 Exam
96.7%
High Score Rate in Actual IIA Exams
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Same Questions from the Latest Real Exam

IIA-CIA-PART2 Online Practice Questions and Answers

Questions 1

An organization has recently incurred significant cost overruns on one of its construction projects.

Management suspects that these overruns were caused by the contractor improperly charging for costs

related to contract change orders.

Which of the following procedures are appropriate for testing this suspicion?

1.

Determine if the contractor has received proper approval of change orders from management.

2.

Determine if the contractor has billed for original contract work cancelled by the change orders.

3.

Determine if the contractor has charged change orders with costs already billed to the original contract.

4.

Determine if the contractor has been paid for change orders that have not yet been completed.

A. 1 and 2 only

B. 1 and 3 only

C. 2 and 3 only

D. 3 and 4 only

Show Answer
Questions 2

According to IIA guidance, which of the following strategies would be the least effective in helping a chief audit executive build a stronger relationship with the board?

A. Consider formality and tone of communications to ensure they are appropriate.

B. Minimize instances of ad hoc communications with board members.

C. Consider the possible repercussions created by commentary on deficiencies.

D. Avoid making presumptuous comments without sufficient facts.

Show Answer
Questions 3

An internal auditor determines that certain information from the engagement results is not appropriate for disclosure to all report recipients because it is privileged. In this situation, which of the following actions would be most appropriate?

A. Disclose the information in a separate report.

B. Distribute the information in a confidential report to the board only

C. Distribute the reports through the use of blind copies.

D. Exclude the results from the report and verbally report the conditions to senior management and the board.

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CIA Part 2 - Conducting the Internal Audit Engagement(Certified Internal)
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