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IIA-CIA-Part2 Question and answers Include

Total Questions: 463 Q&A's
Single Choice: 463 Q&A's

IIA IIA-CIA-Part2 Exam Dumps - Valid Questions Answers

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IIA-CIA-Part2 Questions and Answers

Question # 1

The chief audit executive (CAF) determined that the residual risk identified in an assurance engagement is acceptable. When should this be communicated to senior management?

A.

When the CAE reports the audit outcome to senior management.

B.

When the residual risk is identified before the engagement is complete.

C.

Immediately, as residual risk should be communicated as soon as possible

D.

When management of the area under review has resolved and mitigated the residual risk

Question # 2

When creating the internal audit plan, the chief audit executive should prioritize engagements based primarily on which of the following?

A.

The last available risk assessment.

B.

Requests from senior management and the board.

C.

The longest interval since the last examination of each audit universe item.

D.

The auditable areas required by regulatory agencies.

Question # 3
A.

Reviewing quality department survey results, which show 96% of employees believe all defective products are removed prior To shipping.

B.

Physically inspecting a sample of completed processing cycles for detective products prior to shipment.

C.

Observing employees while they raped products for defects

D.

Reviewing a quality report provided by management mat snows 13 products were identified and removed during me most recent processing cycle

FAQs for IIA IIA-CIA-Part2 Exam Dumps

What is IIA IIA-CIA-Part2 exam?

The IIA IIA-CIA-Part2 exam, also known as the Certified Internal Auditor (CIA) Part 2 exam, is a professional certification exam administered by The Institute of Internal Auditors (IIA).

What is the format of IIA IIA-CIA-Part2 exam?

The IIA IIA-CIA-Part2 exam consists of 100 multiple-choice questions that must be completed within 2 hours (120 minutes). The exam is computer-based and is available at various testing centers worldwide.

What is the IIA IIA-CIA-Part2 exam focused on?

The IIA IIA-CIA-Part2 exam is focused on four main domains: Managing the Internal Audit Activity, Planning the Engagement, Performing the Engagement, and Communicating Engagement Results and Monitoring Progress. These domains cover the essential skills and knowledge required for effective internal auditing.

What is the worth of taking the CIA IIA-CIA-Part2 exam?

Earning the CIA certification, including passing the IIA IIA-CIA-Part2 exam, enhances your credibility and demonstrates your expertise in internal auditing. It can lead to career advancement, higher earning potential, and recognition as a qualified internal auditor.

Is the CIA IIA-CIA-Part2 exam easy?

The difficulty of the CIA IIA-CIA-Part2 exam varies depending on your background and preparation. It requires a thorough understanding of internal auditing principles and practices. Adequate preparation using IIA-CIA-Part2 study materials and practice questions is essential for success.

What are the prerequisites for the CIA IIA-CIA-Part2 exam?

To be eligible for the CIA IIA-CIA-Part2 exam, candidates must have a bachelors degree or equivalent, and they must have completed the CIA Part 1 exam. Additionally, candidates must have a minimum of 24 months of internal auditing experience or its equivalent

What is the passing score for the IIA IIA-CIA-Part2 exam?

The passing score for the IIA IIA-CIA-Part2 exam is 600 out of 750. This score is scaled, and candidates must achieve this minimum score to pass the exam.

What is the difference between IIA IIA-CIA-Part2 and IIA-CIA-Part3 certification exams?

The IIA IIA-CIA-Part2 Exam focuses on the practice of internal auditing, while the IIA-CIA-Part3 Exam covers business knowledge for internal auditing. Part 3 includes topics such as governance, risk management, and business acumen, which are not covered in Part 2.

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