Practice IIA-CIA-Part2-3P Exam Online

Question 1

To effectively communicate the acceptance of risk in an organization a chief audit executive must first consider which of the following?

A : The organization-s view on risk tolerance

B : The organization-s principal risk events.

C : The organization-s risk response strategies

D : The organization-s major control activities

Answer: A

Question 2

During an internal audit engagement, which of the following is true regarding the decision to use statistical sampling or nonstatistical sampling?

A : The decision affects the test procedures performed.

B : The auditor-s response to errors detected will be influenced.

C : The competence of the evidence obtained is greater with statistical sampling.

D : Nonstatistical sampling may be more cost effective.

Answer: A

Question 3

Which of the following best describes the four components of a balanced scorecard?

A : Customers, innovation, growth, and internal processes.

B : Business objectives, critical success factors, innovation, and growth.

C : Customers, support, critical success factors, and learning.

D : Financial measures, learning and growth, customers, and internal processes.

Answer: D

Question 4

New environmental regulations require the board to certify that the organization's reported pollutant emissions data is accurate. The chief audit executive (CAE) is planning an audit to provide assurance over the organization's compliance with the environmental regulations. Which of the following groups or individuals is most important for the CAE to consult to determine the scope of the audit?

A : The audit committee of the board.

B : The environmental, health, and safety manager.

C : The organization-s external environmental lawyers.

D : The organization-s insurance department.

Answer: B

Question 5

Which of the following would be most likely found in an internal audit procedures manual?

A : A summary of the strategic plan of the area under review.

B : Appropriate response options for when findings are disputed by management.

C : An explanation of the resources needed for each engagement.

D : The extent of the auditor-s authority to collect data from management.

Answer: D

Name:	CIA Exam Part Two: Practice of Internal Auditing
Exam Code:	IIA-CIA-Part2-3P
Certification:	Certified Internal Auditor
Vendor:	IIA
Total Questions:	485
Last Updated:	May 12, 2026

IIA IIA-CIA-Part2-3P Answers