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QIA Exam Dumps : Qualified Internal Auditor

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Qualified Internal Auditor Questions and Answers

Question 1

An internal auditor found that employees in the maintenance department were not signing their time cards. This situation also existed during the last audit.

The auditor should

Options:

A.

Include this finding in the current audit report.

B.

Ask the manager of the maintenance department to assume the resulting risk.

C.

Withhold conclusions about payroll internal control in the maintenance department.

D.

Instruct the employees to sign their time cards

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Question 2

Which of the following is not an argument for principles-based approach to corporate governance?

Options:

A.

The same rules might not be suitable for every company

B.

There are some aspects of corporate governance that cannot be regulated easily

C.

Companies do not have the choice of ignoring the rules

D.

The most suitable corporate governance practices can differ between companies

Question 3

Which of the following is an example of an efficiency measure?

Options:

A.

The rate of absenteeism.

B.

The goal of becoming a leading manufacturer.

C.

The number of insurance claims processed per day.

D.

The rate of customer complaints.