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IIA IIA-CIA-Part2 Exam Overview:

Certification Vendor:IIA
Exam Name:Certified Internal Auditor (CIA) Part 2 – Practice of Internal Auditing
Exam Number:IIA-CIA-Part2
Certificate Validity Period:CIA certification requires ongoing CPE; no fixed expiry for exam results within 3-year program window
Real Exam Qty:100
Exam Price:USD 280 (IIA Member) / USD 415 (Non-Member) / USD 215 (Student)
Available Languages:Chinese (Simplified), Turkish, Japanese, Russian, German, Spanish, French, Portuguese, Korean, English
Passing Score:600 (scaled score, range 250-750)
Exam Duration:120 minutes
Exam Format:Multiple-choice
Related Certifications:Certified Internal Auditor (CIA)
Sample Questions:IIA IIA-CIA-Part2 Sample Questions
Exam Way:Computer-based testing at Pearson VUE testing centers worldwide; also available via online proctored delivery
Pre Condition:Candidates must hold an active CIA program enrollment. A bachelor's degree (or equivalent) and relevant internal audit experience are required for full CIA certification. Part 1 must typically be completed before or concurrently with Part 2.
Official Syllabus URL:https://www.theiia.org/globalassets/site/certifications/certified-internal-auditor/cia-part-2-syllabus.pdf

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IIA-CIA-Part2 exam is an essential certification that focuses on the Practice of Internal Auditing. IIA-CIA-Part2 Exam is designed to evaluate the candidate's knowledge and expertise in the field of internal auditing. Internal Audit Engagement certification is offered by the Institute of Internal Auditors (IIA) and is recognized worldwide.

IIA Internal Audit Engagement Sample Questions (Q551-Q556):

NEW QUESTION # 551
During a consulting engagement, an internal auditor identifies new risks which will impact the scope and sufficiency of the engagement audit plan. According to the Standards, the internal auditor should:

Answer: C


NEW QUESTION # 552
During a fraud interview, it was discovered that unquestioned authority enabled a vice president to steal funds from the organization. Which of the following best describes this condition?

Answer: D

Explanation:
In the context of the fraud triangle, the condition where a vice president's unquestioned authority enabled the theft of funds is best described as "opportunity." Opportunity refers to the circumstances that allow fraud to occur, including the ability to override controls or exploit a lack of oversight. This is one of the three elements of the fraud triangle, which also includes rationalization and pressure. Reference: IIA Practice Guide - Fraud and Internal Audit, COSO Fraud Risk Management Guide


NEW QUESTION # 553
An internal auditor wants to determine whether employees are complying with the information security policy, which prohibits leaving sensitive information on employee desks overnight. The auditor checked a sample of
90 desks and found eight that contained sensitive information. How should this observation be reported, if the organization tolerates 4 percent noncompliance?

Answer: C


NEW QUESTION # 554
A limitation of using ratio analysis in an audit engagement is that it:

Answer: A

Explanation:
Section: Volume B


NEW QUESTION # 555
According to IIA guidance, which of the following statements regarding the internal audit charter is true?

Answer: A

Explanation:
The internal audit charter outlines the internal audit activity's purpose, authority, and responsibility within the organization.
It defines the internal audit activity's position within the organization, including reporting lines, independence, and access to records, personnel, and physical properties relevant to the performance of engagements.
This clarity helps ensure that the internal audit activity can operate independently and effectively


NEW QUESTION # 556
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