IIA IIA-CHAL-QISA Exam Syllabus Topics:
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Reference: https://www.theiia.org/en/promotions/certifications/qisa/qisa-cia-challenge-exam/
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IIA Qualified Info Systems Auditor CIA Challenge Sample Questions:
Question #1
Which of the following would be considered a violation of The IIA's mandatory guidance on independence?
A. The board seeks senior managements recommendation before approving the annual salary adjustment of the CAE.
B. The CAE confirms to the board, at least once every five years, the organizational independence of the internal audit act/vity.
C. The CAE updates the internal audit charter and presents it to the board for approval periodically, not on a specific timeline
D. The chief audit executive (CAE) reports functionally to the board and administratively to the chief financial officer
Question #2
Which of the following must be in existence as a precondition to developing an effective system of internal controls?
A. A monitoring process
B. An information and communication process
C. A risk assessment process.
D. A strategic objective-setting process.
Question #3
During a payroll audit, the internal auditor discovered that several individuals who have the same position classification as the are earning a significantly higher salary. The auditor noted the names and amounts of each; and he planned to prepare a request to the chief audit executive for a salary Increase based on this Information. Which of the following IIA Code of Ethics principles was violated in this scenario?
A. integrity
B. Objectivity.
C. Competency.
D. Confidentiality
Question #4
What would be the effect if an organization paid one of its liabilities twice during the year, in error?
A. Assets, liabilities, and owners' equity would be understated.
B. Assets and liabilities would be understated.
C. Assets, net income, and owners' equity would be understated, but liabilities would be overstated
D. Assets, net income, and owners' equity would be unaffected
Question #5
According to IIA guidance, which of the following best describes the purpose of a planning memorandum for an audit engagement?
A. it documents preliminary information useful to the audit team.
B. It documents the audit steps and procedures to be performed.
C. It documents events that could hinder the achievement of process objectives.
D. It documents existing measures that manage risks in the area under review
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: C | Question #3 Correct Answer: B | Question #4 Correct Answer: C | Question #5 Correct Answer: B |


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