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IIA IIA-CHAL-QISA Exam Overview:
| Certification Vendor: | The Institute of Internal Auditors (IIA) |
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| Exam Name: | CIA Challenge Exam for Qualified Information Systems Auditor (QISA) |
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| Exam Number: | IIA-CHAL-QISA |
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| Related Certifications: | Certified Internal Auditor (CIA) |
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| Available Languages: | English |
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| Certificate Validity Period: | No expiration (maintenance of certification requires continuing professional education - CPE) |
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| Passing Score: | 600/750 (scaled score) |
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| Exam Format: | Computer-based testing, Multiple-choice questions |
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| Recommended Training: | IIA CIA Exam Preparation Resources IIA Official CIA Learning System |
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| Exam Registration: | CIA Certification Registration (IIA) Pearson VUE CIA Exam Scheduling |
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| Sample Questions: | IIA IIA-CHAL-QISA Sample Questions |
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| Exam Way: | Computer-based testing via Pearson VUE test centers or online proctored exam (availability may vary by region). |
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| Pre Condition: | Eligibility typically requires a recognized information systems audit qualification or equivalent professional experience accepted under the IIA CIA Challenge Exam pathway. |
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| Official Syllabus URL: | https://www.theiia.org/en/certifications/cia/ |
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| Topic | Details |
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| Topic 1 | - Business Knowledge for Internal Auditing: This domain covers the vital planning phases and efforts and common performance measures. It also includes ways for management to effectively lead and counsel people to increase their commitment. Also, the domain covers financial accounting and managerial accounting fundamentals and the treatment of various costs.
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| Topic 2 | - Essentials of Internal Auditing: This domain has topics such as foundations of internal auditing, independence aconcept of governance and CSR.nd objectivity, Proficiency and Due Professional Care, QA, and Managing Risks. The domain covers describing the
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| Topic 3 | - Practice of Internal Auditing: This domain covers strategies and policies related to planning, organizing, controlling of internal audit processes, and understanding administrative activities such as resourcing, recruiting, and staffing. Moreover, this domain covers goals of engagement and assessment criteria in addition to planning the engagement to ensure the identification of key risks and controls.
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IIA Qualified Info Systems Auditor CIA Challenge Exam Sample Questions (Q155-Q160):
NEW QUESTION # 155
According to IIA guidance, which of the following statements is true regarding engagement planning?
- A. The expectations and objectives of an assurance engagement are usually determined by. or in conjunction with, the engagement client
- B. For both assurance and consulting engagements, planning typically occurs after the engagement objectives and scope have already been determined.
- C. Internal auditors may not need to complete a preliminary risk assessment for a consulting engagement as they would when planning an assurance engagement.
- D. For both consulting and assurance engagements, internal auditors usually form the engagement objectives prior to completing the preliminary risk assessment
Answer: A
Explanation:
The expectations and objectives of an assurance engagement are often determined in conjunction with the engagement client, aligning with the client's needs and the scope of the engagement. In consulting engagements, internal auditors provide advice and services tailored to the client's requests, which may not always follow a preliminary risk assessment process like in assurance engagements.
NEW QUESTION # 156
Which of the following would be the most effective fraud prevention control?
- A. Email alert sent to management for checks issued over S100.000.
- B. installation of a video surveillance system in a warehouse prone to inventory loss
- C. New hire training to explain fraud and employee misconduct.
- D. Daily report that Identifies unsuccessful system log-in attempts
Answer: C
Explanation:
Training new hires on fraud and employee misconduct is a proactive measure that raises awareness and educates employees about the organization's policies and the consequences of fraudulent behavior.
Such training helps create a culture of integrity and compliance, making employees less likely to engage in or tolerate fraud.
Continuous education and reinforcement of ethical behavior are essential components of an effective fraud prevention strategy
NEW QUESTION # 157
Which of the following should be included in a company's year-end inventory valuation?
- A. Company goods that were sold during the year, free on board shipping point, that have been shipped but not yet received by the customer
- B. Goods on consignment, which the company is trying to sell for its customers.
- C. Goods purchased by the company, free on board destination, that have not yet been received.
- D. Company goods for sale on consignment at a consignment shop
Answer: D
Explanation:
Year-end inventory valuation should include all goods owned by the company, regardless of their location.
This includes goods for sale on consignment at a consignment shop, as these items remain the property of the company until sold. Goods sold FOB shipping point and goods purchased FOB destination that have not yet been received are not included, as ownership has transferred or not yet been acquired respectively. Goods on consignment that the company is trying to sell for others are also excluded because the company does not own them
NEW QUESTION # 158
In the years after the mid-service point of a depreciable asset, which of the following depreciation methods will result in the highest depreciation expense?
- A. Straight line.
- B. Declining balance.
- C. Sum of the years' digits.
- D. Double-declining balance.
Answer: D
Explanation:
Depreciation methods allocate the cost of an asset over its useful life. Different methods impact the depreciation expense reported each year.
NEW QUESTION # 159
An organization's health-care insurance costs have been rising approximately 10 percent per year for several years Which of the following analytical review procedures would best evaluate the reasonableness of the increase in health-care costs?
- A. Obtain the government index of health-care costs for the comparable period of time and compare the rate of increase with that of the cost per employee incurred by the organization.
- B. Obtain a bid from another health-care administrator to provide the same administrative services as the current health-care administrator.
- C. Develop a comparison of the costs incurred with similar costs incurred by other organizations
- D. Review all claims and compare with appropriate procedures to ensure that overpayments have not occurred
Answer: A
Explanation:
Analytical review procedures involve evaluating financial information by studying plausible relationships among financial and non-financial data.
Government Index Comparison: Comparing the organization's increase in health-care costs with a relevant government index provides a benchmark to assess whether the cost increases are in line with broader economic trends.
Claims Review: While reviewing all claims could help identify specific overpayments, it is more labor- intensive and less effective for evaluating overall reasonableness.
Competitive Bids: Obtaining bids from other health-care administrators might control future costs but does not evaluate the reasonableness of past cost increases.
Industry Comparison: Comparing costs with those incurred by similar organizations could be useful but might not provide a standardized measure like a government index.
NEW QUESTION # 160
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