Free IIA IIA-CHAL-QISA Practice Exam Questions and Answers 2026

Start Learning with the Newest and 100% Free IIA-CHAL-QISA Exam Dumps Questions

Page: 1 / 31

Total 152 Questions | Updated On: Apr 03, 2026

Add To Cart

Question 1

The internal audit activity is responsible for which of the following actions related to an organization’s internal controls9

A : Mitigating risks affecting achievement of organizational objectives.

B : Enabling opportunities affecting achievement of organizational objectives.

C : Analyzing and advising regarding costs versus benefits of control activities.

D : Attesting to fairness of financial statements

Answer: C

Question 2

Which of the following statements is true regarding managements use of judgement to design, implement, and conduct internal control

A : The use of judgment enhances managements ability to make better decisions about internal control, but cannot guarantee perfect outcomes.

B : introducing judgment generally diminishes managements ability to make good decisions about internal control

C : It is inappropriate for management to exercise judgement in areas such as specifying and using suitable accounting principles.

D : It is inappropriate for management to exercise judgement in assessing whether components are present, functioning, and operating together

Answer: A

Question 3

Which of the following would be the most effective fraud prevention control?

A : Email alert sent to management for checks issued over S100.000.

B : installation of a video surveillance system in a warehouse prone to inventory loss

C : New hire training to explain fraud and employee misconduct.

D : Daily report that Identifies unsuccessful system log-in attempts

Answer: C

Question 4

An internal auditor believes that the internal audit activity's independence is impaired Which of the following actions should the internal auditor take first?

A : Report the impairment to senior management

B : Discuss the impairment with the audit manager.

C : Ascertain the best approach to disclose the impairment.

D : Decide on the extent of impact of the impairment

Answer: B

Question 5

Organizations that adopt just-in-time purchasing systems often experience which of the following?

A : A slight increase in carrying costs.

B : A greater need for inspection of goods as the goods arrive

C : A greater need for linkage with a vendors computerized order entry system.

D : An Increase in the number of suitable suppliers

Answer: C

Page: 1 / 31

Total 152 Questions | Updated On: Apr 03, 2026

Add To Cart