Free Feb-2025 UPDATED IIA IIA-IAP Certification Exam Dumps is Online [Q22-Q36] – IT Certification Exam Questions & Answers

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Free Feb-2025 UPDATED IIA IIA-IAP Certification Exam Dumps is Online

IIA Exam 2025 IIA-IAP Dumps Updated Questions

IIA-IAP Certification Exam consists of 125 multiple-choice questions that are to be completed within two and a half hours. IIA-IAP exam is computer-based and is available at Pearson VUE test centers worldwide. The questions are designed to test the candidate’s knowledge of the internal audit process, including planning, execution, and reporting. IIA-IAP exam also covers ethics and professional standards, which are essential for internal auditors.

QUESTION 22
An internal auditor discovers that a vendor had submitted invoices and was paid for services not rendered. Which of the following controls is most appropriate to address this type of issue?

The accounts payable clerk should compare the acknowledgment of goods and services to the invoice.

The supervisor should observe the input of invoices into the payment system.

The supervisor should verify that the amount paid agrees with the contracted amount.

QUESTION 23
Which of the following elements of the Fraud Triangle is directly under the organization’s control?

Pressure

Rationalization

Opportunity

QUESTION 24
Which of the following would be a common benefit of using generalized audit software?

It enables internal auditors to perform tests on data with the assistance of the organization’s IT personnel.

It enables internal auditors to analyze very large quantities of data.

It eliminates the need to obtain access privileges to relevant and reliable data.

QUESTION 25
Which of the following interview techniques would be most effective in a fraud investigation?

The interviewer should be positioned between the suspect and the door to discourage the suspect from leaving during the interview.

The interviewer should allow the suspect to use his own words and only interrupt if a point requires clarification.

The interviewer should ensure that only the interviewer and the suspect are present for the interview.

QUESTION 26
In a standard process mapping document, a diamond shape typically represents which of the following?

Process or operation.

Decision.

Flow line.

QUESTION 27
During engagement planning, which of the following would provide an internal auditor with a sufficient understanding of the process being audited?

The mission, vision, and strategic objectives of the organization.

Management’s opinion on the thoroughness of a previous internal audit of the same process.

The objectives and risk management of the process.

QUESTION 28
A senior internal auditor is planning a compliance audit of the organization’s global purchasing department.
Which of the following criteria is a relevant consideration for establishing the engagement objectives?

A list of all items acquired through the organization’s global purchasing department in the past year

Current governance laws and regulations in the countries in which the organization operates

Location of all global operations that acquire goods through the organization’s global purchasing department

QUESTION 29
Which of the following elements are typically included in an engagement work program?

Planning, objectives, and preliminary risk assessments

Fieldwork, analytical testing, and resources

Opinions and final engagement communications

QUESTION 30
Which of the following would be considered out of scope for a purchasing process audit engagement?

Authorization of requisitions

Control of goods

Matching goods received to requisitions

QUESTION 31
A member of the internal audit team worked eight months ago in an area of the organization that she is now being tasked with auditing. Which of the following would most likely be impacted by her participation in the audit?

Integrity

Objectivity

Competency

QUESTION 32
An internal auditor is planning a business continuity audit engagement at a remote manufacturing plant. During planning interviews, the plant manager stated that the local Environmental, Health, and Safety (EHS) Department, which reports to the plant manager, had completed a similar review six months ago. The EHS review did not find any significant weaknesses. How should the internal auditor consider the EHS review results in the current audit engagement planning?

Ignore the EHS review results, as the department is not a reliable source of information due to its lack of objectivity and independence.

Recommend canceling the audit engagement, as it would be a duplication of effort to revisit the same process already reviewed by EHS.

Evaluate the objectivity and competency of the EHS reviewers and their work to determine whether their review results may be relied upon.

QUESTION 33
An internal auditor wants to establish the reasonableness of the current period’s total payroll costs for the finance department. She divides the actual monthly payroll cost by the number of employees to derive an average cost per employee. Which of the following comparisons to this average cost would be considered trend analysis?

The mean of all actual salary amounts.

Similar data for the department from two prior periods.

Budgeted information of another organization in the same industry.

QUESTION 34
The engagement supervisor is coordinating an audit of investments and needs to select an audit team member to determine the test attributes. Which of the following team members is most appropriate for the engagement supervisor to select?

An auditor who transferred from the investment department six months prior and has expert knowledge of investments.

An auditor with strong leadership skills who has experience leading projects for the IT audit department.

An auditor who has investment audit experience from a previous organization, but who has never performed investment audits at the current organization.

QUESTION 35
Which of the following would be the best indicator that the organization’s risk management processes are operating effectively?

Management openly discusses both risks and opportunities facing the organization.

Management established policies and procedures that state risk will be considered.

The organization implemented formal operational risk management processes.

QUESTION 36
Which of the following is an element of a well-formed audit recommendation?

Factual evidence identified during the engagement.

Measures to prevent recurrence of the condition.

Factors that allowed the condition to exist.