IIA iia-ccsa practice test

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

Which of the following is Correct?

• A. Internal audit can focus on validating the evaluation conclusions produced by controlself assessment.
• B. controlling can focus on validating the evaluation conclusions produced by controlself assessment.
• C. Internal audit can focus on resource and budgetary produced by control-self assessment.
• D. Internal audit can focus on better risk assessment produced by control-self assessment.

Which of the following is Correct?

• A. In traditional approach, reporting was done by work teams and in control selfassessment approach it is done by auditors.
• B. In traditional approach, reporting was done by auditors and in control self-assessment approach it is done by work teams.
• C. In traditional approach, setting business objectives were done by auditors and in control self- assessment approach it is done by management.
• D. In traditional approach, accessing risks were done by auditors and in control selfassessment approach it is also done by auditors.

In traditional approach, evaluating risks and controls were done by auditors and in control self-
assessment approach it is done by work teams.

• A. True
• B. False

In traditional approach, objectives used were of management’s and in control selfassessment
approach it is of work teams’.

• A. True
• B. False

A process affected by an entity’s board of directors, management and other personnel designed to
provide reasonable assurance regarding the achievement of objectives is called:

• A. Control location
• B. Control activities
• C. Internal control
• D. External control

Operations control is related to the:

• A. Effective and efficiency use of the entity’s cost.
• B. Effective and efficiency use of the entity’s space.
• C. Effective and efficiency use of the entity’s time.
• D. Effective and efficiency use of the entity’s resources.

__________ is relating to the entity’s fulfillment with applicable laws and regulations.

• A. Compliance control
• B. Efficiency control
• C. Timeliness control
• D. Law enforcement

Who identified internal control components including Control environment, Information &
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

In traditional approach, final report is issued by management and in control selfassessment approach
it is issued by work teams’.

• A. True
• B. False