QIA Practice Exam Questions with Answers Qualified Internal Auditor Certification

Your assurance firm is auditor of Happy Goods. The audit manager has just become engaged to the managing director’s daughter, who he met through a mutual friend. The managing director owns 51% of the shares in Happy Goods. Which of the threat is not there in this case?

During an audit, the internal auditor should consider the following factor(s) in determining the extent to which analytical procedures should be used, Except

Which of the following types of tests would be the most persuasive if an internal auditor wanted assurance of the existence of inventory stored in a warehouse?

The consultative approach to auditing emphasizes

Which of the following is not a component of audit risk?

In planning a system of internal operating controls, the role of the internal auditor is to

An operational audit is being performed to evaluate the productivity of telephone sales representatives relative to last year. The organization sells two similar products, one of which is priced 20% higher than the other. Prices did not change during the two years subject to the audit, and the gross profit percentage is the same for both products. The sales representatives are paid a base salary plus a commission.

Which one of the following items represents the best evidence that the organization’s sales representatives are more productive this year than last year?