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IIA-ACCA Exam Dumps : ACCA CIA Challenge Exam

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IIA IIA-ACCA Exam Dumps FAQs

Q. # 1: What is the IIA IIA-ACCA Exam?

The IIA IIA-ACCA Exam is a certification exam designed to validate the knowledge and skills of internal auditors. It is a collaboration between the Institute of Internal Auditors (IIA) and the Association of Chartered Certified Accountants (ACCA).

Q. # 2: Who should take the IIA IIA-ACCA Challenge Exam?

The IIA IIA-ACCA exam is ideal for ACCA (Association of Chartered Certified Accountants) members who possess relevant internal audit experience. It allows them to bypass the three-part CIA (Certified Internal Auditor) exam and earn the prestigious CIA designation.

Q. # 3: What topics are covered in the IIA IIA-ACCA Exam?

The IIA IIA-ACCA exam focuses on The IIA's International Standards for the Professional Practice of Internal Auditing (Standards) and essential internal audit concepts like:

  • Internal Control
  • Risk Management
  • Governance
  • Internal Audit Methodology
  • Technology Audit

Q. # 4: How many questions are on the IIA IIA-ACCA Exam?

The IIA IIA-ACCA exam consists of 150 multiple-choice questions.

Q. # 5: How long does it take to complete the IIA IIA-ACCA Exam?

The IIA IIA-ACCA exam duration is 3 hours.

Q. # 6: What is the passing score for the IIA IIA-ACCA Exam?

The passing score for the IIA IIA-ACCA exam is 70%.

Q. # 7: What is the difference between IIA IIA-ACCA and IIA-CHAL-QISA Exams?

The IIA IIA-ACCA Exam and the IIA-CHAL-QISA Exam are both pathways to earn the Certified Internal Auditor (CIA) designation, but they cater to different professional backgrounds:

  • IIA IIA-ACCA Exam: The IIA IIA-ACCA Exam focuses on internal auditing standards and practices that are not covered in the ACCA curriculum. It is tailored for ACCA members, enabling them to earn the CIA designation by proving their expertise in areas specific to internal auditing.
  • IIA IIA-CHAL-QISA Exam: The IIA IIA-CHAL-QISA Exam is designed for Certified Information Systems Auditors (CISA) and covers internal auditing standards and practices not included in the CISA curriculum. It allows CISA holders to leverage their existing knowledge while gaining specialized internal auditing skills to earn the CIA designation.

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CertsTopics offers up-to-date IIA-ACCA PDF guide and a testing engine materials for the IIA IIA-ACCA Exam, providing candidates with flexible, effective study options that mimic the actual exam environment for optimal preparation.

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ACCA CIA Challenge Exam Questions and Answers

Question 1

An internal audit charter, approved by the board, restricts the internal audit activity to providing assurance only on the reliability of financial information and the effectiveness of internal accounting controls. Which of the following statements is true regarding the extent to which the external auditor may rely on the internal audit activity's work?

Options:

A.

The external auditor may make full use of the work, as the audit charter is very specific as to the work the internal audit activity may undertake.

B.

The external auditor may use the work, as the board has approved the charter, thus taking responsibility for any deficiencies.

C.

The external auditor must disregard the work, as the scope of the charter may introduce bias and result in a lack of due professional care.

D.

The external auditor may use the work with caution, due to the internal audit activity's scope and responsibility restrictions.

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Question 2

Which of the following are typical audit considerations for a review of authentication?

1. Authentication policies and evaluation of controls transactions.

2. Management of passwords, independent reconciliation, and audit trail.

3. Control self-assessment tools used by management.

4. Independent verification of data integrity and accuracy.

Options:

A.

1, 2, and 3

B.

1, 2, and 4

C.

1, 3, and 4

D.

2, 3, and 4

Question 3

Which of the following is an example of a smart device security control intended to prevent unauthorized users from gaining access to a device's data or applications?

Options:

A.

Anti-malware software.

B.

Authentication.

C.

Spyware.

D.

Rooting.