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 QIA Dumps with Practice Exam Questions Answers

Questions: 80 questions

Last Update: Dec 19, 2024

IQN Certification Exam QIA has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

QIA Exam Last Week Results!

20

Customers Passed
IQN QIA

88%

Average Score In Real
Exam At Testing Centre

89%

Questions came word by
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QIA Questions and Answers

Question # 1

The auditor wants to understand the actual flow of data regarding cash processing. The most convincing evidence would be obtained by

A.

Reviewing the systems flowchart.

B.

Performing a "walk-through" of the processing and obtaining copies of all documents used.

C.

Reviewing the programming flowchart for evidence of control procedures placed into the computer programs.

D.

Interviewing the treasurer.

Question # 2

An audit of accounts payable was made to determine if the error rate was within the stated policy of 0.5%. One hundred of the 10,000 accounts payable transactions were randomly selected using a 95% confidence level. No errors were found.

With 95% certainty, one can conclude that the sample results

A.

Indicate another sample is needed.

B.

Prove there are no errors in accounts payable.

C.

Indicate the null hypothesis is false.

D.

Fail to prove the error rate is above 0.5%.

Question # 3

The objective of a program results audit requires the auditor to

A.

Place an emphasis on outputs rather than inputs.

B.

Look for cost savings or waste.

C.

Include only historical data in the audit.

D.

Render an opinion on the fairness of financial presentation.

Question # 4

An internal audit director has noticed that staff auditors are presenting more oral reports to supplement written reports.

The best reason for the increased use of oral reports by the auditors is that they

A.

Reduce the amount of testing required to support audit findings.

B.

Can be delivered in an informal manner without preparation.

C.

Can be prepared using a flexible format, thereby increasing overall audit efficiency.

D.

Permit auditors to counter arguments and provide additional information that the audience may require.

Question # 5

Computer fraud is discouraged by

A.

Being willing to prosecute.

B.

Ostracizingwhistle-blowers.

C.

Overlooking inefficiencies in the judicial system.

D.

Accepting the lack of integrity in the system.