IIA-CCSA Online Practice Questions and Answers

The entire objectives-risks-controls infrastructures of an organization are subject to greater monitoring and continuous improvements due to:

A. Accountability for control

B. Measuring methodology

C. Evaluation methodology

D. Self-assessment methodology

Who identified internal control components including Control environment, Information and communication, risk assessment, control activities and Monitoring?

A. The American Institute of Standards (AIS)

B. The American Institute of Certified Professional Accountants (AICPA)

C. The American Institute of Certified Control (AICC)

D. The American Institute of Professional Studies (AIPS

_________ are preferred if the culture in the organization may hinder open, candid discussions in workshop settings or of management desires to minimize the time spent and cost incurred in gathering the information.

A. Interviews

B. Surveys

C. Dialogues

D. Conferences

Which of the following is NOT the potential benefit of the CSA to the organization?

A. Better risk assessment

B. Improved employee morale

C. Improved ability to test

D. Efficient business processes

The purpose of developing and organizational structure is:

A. To establish individual responsibilities to handle complexity of the organization's processes.

B. To establish individual responsibilities as a means of control and to ensure the organization achieves its goals.

C. To establish individual responsibilities, their number and type.

D. To establish individual responsibilities to formalize the organization's processes.

Which structures characterized by fast information flow between levels of the organization and high employee satisfaction?

A. Complex

B. Centralized

C. Productive

D. Flat

To determine the scope of CSA, specific goals, work groups to be involved, resources needed and potential barriers to success for each CSA project in its which phase?

A. Implementation

B. Reporting

C. Planning

D. Analyzing

Which of the following is Correct?

A. Competency refers to the validity and reliability of audit evidence.

B. Sufficiency refers to the validity and reliability of resources.

C. Capability refers to the capacity and reliability of audit evidence.

D. Consistency refers to the steadiness and reliability of audit evidence

Which of the following is NOT the step involved in evaluating the internal controls?

A. Identify control points

B. Document an understanding of the control environment

C. Assess the level of control risk

D. Define the adequacy of the system of internal control

Remedy of the circumstances that allowed the unauthorized activity or return conditions to what they were before the violation, is called:

A. Access control

B. Solution

C. Corrective controls

D. None of the above