Free IIA IIA-IAP Practice Exams Questions 2026 - TheExamsLabs

Start Preparation with the Latest and Real 100% Free Certified Internal Auditor IIA-IAP Exam Dumps Questions Practice 2026

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Total 1102 Questions | Updated On: May 21, 2026

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Question 1

When an internal auditor identifies multiple factors that have been linked with possible fraudulent conditions and suspects that fraud has taken place, the auditor should

A : Immediately report to the board.

B : Immediately report to senior management and the board.

C : Extend tests to determine the extent of the fraud.

D : Recommend an investigation.

Answer: D

Question 2

Which of the following risk factors is most subjective?

A : Prior audit findings.

B : Competency of operating management.

C : Size of the unit being audited.

D : Changes in staff, systems, or the environment.

Answer: B

Question 3

The top three sales representatives for a company consistently include non-allowable charges on their expense reports. Line management is reluctant to deny reimbursement of the charges for fear of losing the sales representatives. This situation has the greatest negative impact on which of the following internal control components?

A : Monitoring.

B : Control environment.

C : Information and communication.

D : Control activities.

Answer: B

Question 4

The charter of the internal auditing department should:

A : Describe audit programs to be carried out.

B : Authorize access to records, personnel, and physical properties relevant to the performance of audits.

C : Define the audit department-s work schedule, staffing plan, and financial budget.

D : Provide recommended formats to report significant audit findings and recommendations.

Answer: B

Question 5

The internal auditor wants to understand the actual flow of data regarding cash processing. The most convincing information is obtained by

A : Reviewing the programming flowchart for information about control procedures placed into the computer programs.

B : Reviewing the systems flowchart.

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

D : Interviewing the chief financial officer.

Answer: C

Page: 1 / 221

Total 1102 Questions | Updated On: May 21, 2026

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