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IIA Practice of Internal Auditing Sample Questions (Q182-Q187):
NEW QUESTION # 182
Which of the following is required to classify, label, organize, and search big data stored and used in an organization?
- A. A business application
- B. Data owner
- C. Metadata
- D. Data security
Answer: C
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Metadata is data about data - it describes the content, context, and structure of information. In big data environments, metadata allows organizations to classify, label, organize, and make large datasets searchable. Data security (B) protects information, a business application (C) uses data, and a data owner (D) assigns accountability. Only metadata enables the required classification and search functionality.
NEW QUESTION # 183
An organization s inventory is stored m multiple warehouses. During an inventory audit which of the following activities would most benefit from the use of computerized audit tools?
- A. Valuating the obsolete Inventory from all the warehouse locations
- B. Verifying the existence of inventory items in each warehouse
- C. Assigning the tolerable deviation rate to determine the sample size
- D. Confirming that the purchased items are recorded In the correct period
Answer: A
Explanation:
During an inventory audit, the activity that would most benefit from the use of computerized audit tools (CAATs) is valuating the obsolete inventory from all the warehouse locations. CAATs can efficiently analyze large volumes of inventory data from multiple warehouses, identify patterns and trends, and automate the valuation process, making it more accurate and less time-consuming compared to manual methods.
References:
* IIA Standards: 1210.A3 - Proficiency in the Use of CAATs
* IIA Practice Guide: Use of Technology in Auditing
NEW QUESTION # 184
An organization has an opening for an entry-level internal audit position. When interviewing for the position, which of the following is the least important skill for an entry-level internal auditor?
- A. Interpersonal skills.
- B. Time management skills.
- C. Conflict resolution skills.
- D. Communication skills.
Answer: C
NEW QUESTION # 185
When planning an audit engagement, what should an internal auditor first consider when assessing the risk of fraud in the area to be audited?
- A. Existence of evidence of fraud.
- B. Impact of and exposure to fraud.
- C. Management's risk appetite.
- D. Organizational structure.
Answer: B
NEW QUESTION # 186
The chief audit executive can illustrate the value of the internal audit activity by reporting which of the following to the board?
- A. The experience of the organization's internal auditors
- B. The number of outstanding and overdue management actions
- C. The overall performance resulting from the internal audit balanced scorecard
- D. The number of audits in the annual audit plan relative to similar organizations
Answer: C
Explanation:
The chief audit executive (CAE) can best illustrate the value of the internal audit activity by reporting the overall performance resulting from the internal audit balanced scorecard. The balanced scorecard includes metrics that measure the effectiveness, efficiency, and impact of the internal audit function, providing a comprehensive view of its contributions to the organization. This approach demonstrates how internal audit activities align with and support the organization's strategic objectives. References:
* The IIA's Practice Guide on Measuring Internal Audit Performance.
* The IIA's Practice Guide on Internal Audit Effectiveness.
NEW QUESTION # 187
......
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The chance to customize the Practice of Internal Auditing (IIA-CIA-Part2) practice exams according to the time and types of Practice of Internal Auditing (IIA-CIA-Part2) practice test questions will contribute to your ease.
IIA-CIA-Part2 practice pdf is always there waiting for you.
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New IIA-CIA-Part2 Test Format & Valid IIA-CIA-Part2 Cram Materials
BONUS!!! Download part of ITPassLeader IIA-CIA-Part2 dumps for free: https://drive.google.com/open?id=1uXcdOl0UWbtPOZZjVX7KDLO1UIvLVtZv
After years of hard work, our IIA-CIA-Part2 guide training can take the leading position in the market. Our highly efficient operating system for learning materials has won the praise of many customers. If you are determined to purchase our IIA-CIA-Part2 study tool, we can assure you that you can receive an email from our efficient system within 5 to 10 minutes after your payment, which means that you do not need to wait a long time to experience our learning materials. Then you can start learning our IIA-CIA-Part2 Exam Questions in preparation for the exam.
There is no denying that no exam is easy because it means a lot of consumption of time and effort. Especially for the upcoming IIA-CIA-Part2 exam, although a large number of people to take the exam every year, only a part of them can pass. If you are also worried about the exam at this moment, please take a look at our IIA-CIA-Part2 Study Materials which have became the leader in this career on the market. And if you have a try on our IIA-CIA-Part2 praparation quiz, you will be satisfied.
>> New IIA-CIA-Part2 Test Format <<
Valid IIA IIA-CIA-Part2 Cram Materials, IIA-CIA-Part2 Valid Exam Camp Pdf
If you are busying with your study or work and have little time to prepare for your exam, choose us, we will do the rest for you. IIA-CIA-Part2 exam bootcamp are edited and verified by professional experts, therefore the quality and accuracy can be guaranteed. You just need to spend about 48 to 72 hours on practicing, and you can pass the exam in your first attempt by using IIA-CIA-Part2 Exam Braindumps of us. We offer you free demo to have a try before buying. Online and offline chat service are available, and if you have any questions about IIA-CIA-Part2 exam bootcamp, you can have a conversation with us.
IIA Practice of Internal Auditing Sample Questions (Q182-Q187):
NEW QUESTION # 182
Which of the following is required to classify, label, organize, and search big data stored and used in an organization?
Answer: C
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Metadata is data about data - it describes the content, context, and structure of information. In big data environments, metadata allows organizations to classify, label, organize, and make large datasets searchable. Data security (B) protects information, a business application (C) uses data, and a data owner (D) assigns accountability. Only metadata enables the required classification and search functionality.
NEW QUESTION # 183
An organization s inventory is stored m multiple warehouses. During an inventory audit which of the following activities would most benefit from the use of computerized audit tools?
Answer: A
Explanation:
During an inventory audit, the activity that would most benefit from the use of computerized audit tools (CAATs) is valuating the obsolete inventory from all the warehouse locations. CAATs can efficiently analyze large volumes of inventory data from multiple warehouses, identify patterns and trends, and automate the valuation process, making it more accurate and less time-consuming compared to manual methods.
References:
* IIA Standards: 1210.A3 - Proficiency in the Use of CAATs
* IIA Practice Guide: Use of Technology in Auditing
NEW QUESTION # 184
An organization has an opening for an entry-level internal audit position. When interviewing for the position, which of the following is the least important skill for an entry-level internal auditor?
Answer: C
NEW QUESTION # 185
When planning an audit engagement, what should an internal auditor first consider when assessing the risk of fraud in the area to be audited?
Answer: B
NEW QUESTION # 186
The chief audit executive can illustrate the value of the internal audit activity by reporting which of the following to the board?
Answer: C
Explanation:
The chief audit executive (CAE) can best illustrate the value of the internal audit activity by reporting the overall performance resulting from the internal audit balanced scorecard. The balanced scorecard includes metrics that measure the effectiveness, efficiency, and impact of the internal audit function, providing a comprehensive view of its contributions to the organization. This approach demonstrates how internal audit activities align with and support the organization's strategic objectives. References:
* The IIA's Practice Guide on Measuring Internal Audit Performance.
* The IIA's Practice Guide on Internal Audit Effectiveness.
NEW QUESTION # 187
......
If you have the certificate, you can enjoy many advantages: you can enter a big enterprise and double your salary and buy things you want. IIA-CIA-Part2 learning materials will offer you such a chance to you. With skilled professionals to compile the IIA-CIA-Part2 exam materials of us, we will give you the high-quality study guide materials. In addition, we offer you free update for one year, that is to say, in the following year, you can obtain the latest version for IIA-CIA-Part2 Exam Materials once they updates. We have service stuff to answer any of your confusions.
Valid IIA-CIA-Part2 Cram Materials: https://www.itpassleader.com/IIA/IIA-CIA-Part2-dumps-pass-exam.html
IIA New IIA-CIA-Part2 Test Format We will respond ASAP, We are confident about our IIA-CIA-Part2: Practice of Internal Auditing test questions materials that we can help users pass real test certainly, You can try the demo of IIA-CIA-Part2 free download before you buy our IIA-CIA-Part2 dumps pdf, The chance to customize the Practice of Internal Auditing (IIA-CIA-Part2) practice exams according to the time and types of Practice of Internal Auditing (IIA-CIA-Part2) practice test questions will contribute to your ease, IIA-CIA-Part2 practice pdf is always there waiting for you.
A proven methodology for taking advantage of use cases, The answers IIA-CIA-Part2 are simple, although the structures that implement the solutions are extremely complicated and are still evolving.
We will respond ASAP, We are confident about our IIA-CIA-Part2: Practice of Internal Auditing test questions materials that we can help users pass real test certainly, You can try the demo of IIA-CIA-Part2 free download before you buy our IIA-CIA-Part2 dumps pdf.
IIA-CIA-Part2 – 100% Free New Test Format | High Pass-Rate Valid Practice of Internal Auditing Cram Materials
The chance to customize the Practice of Internal Auditing (IIA-CIA-Part2) practice exams according to the time and types of Practice of Internal Auditing (IIA-CIA-Part2) practice test questions will contribute to your ease.
IIA-CIA-Part2 practice pdf is always there waiting for you.
P.S. Free 2025 IIA IIA-CIA-Part2 dumps are available on Google Drive shared by ITPassLeader: https://drive.google.com/open?id=1uXcdOl0UWbtPOZZjVX7KDLO1UIvLVtZv