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IIA-CIA-Part2 actual test and answers, Training material, get exam dumps
Exam Name: Certified Internal Auditor - Part 2, Conducting the Internal Audit Engagement

NO.1 According to IIA guidance,which of the following is the most likely obstacle to undertaking a
quality assurance and improvement program by the internal audit activity?
A. The lack of independence and objectivity.
B. The size of internal audit department under review.
C. The inability to adequately fund the program.
D. The time commitment to complete.
Answer: C
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NO.2 A retail sales company has discontinued a product that normally sold for $100. During the first
month of a sale of the product,a 20 percent discount was given. Later that sale price was reduced by
an additional 40 percent. What was the overall discount from the original selling price?
A. 48 percent.
B. 30 percent.
C. 52 percent.
D. 60 percent.
Answer: C
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NO.3 When developing an effective risk-based plan to determine audit priorities,an internal audit
activity should start by:
A. Identifying risks to the organization's operations.
B. Prioritizing known risks.
C. Observing and analyzing controls.
D. Reviewing organizational objectives.
Answer: D
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IIA-CIA-Part2 actual test and answers, Training material, get exam dumps Exam Name: Certified Internal Auditor - Part 2, Conducting the Internal Audit Engagement