IQN Qualified Internal Auditor QIA Exam Dumps: Updated Questions & Answers (September 2025)

Internal document obtained from the auditee.

External document obtained directly from an outside source.

Internal document subject to rigorous internal review procedures.

Internal document that has been circulated through an outside party.

Subsequent to the completion of an audit, but prior to the issuance of an audit report, the audit senior in charge of the audit was offered a permanent position in the auditee's department.

An annual report summary of the department's audit work schedule and financial budget.

Significant interim changes to the approved audit work schedule and financial budget.

An audit plan was approved by senior management and the board. Subsequent to the approval, senior management informed the audit director not to perform an audit of a division because the division's activities were very sensitive.

The internal audit activity should ascertain the extent to which operating and program goals and objectives have been established and conform to those of theorganization.

The internal audit activity should review operations and programs to ensure consistency withorganizationalvalues.

The internal audit activity should be free from interference in determining the scope of internal auditing, performing work, and communicating results.

The internal audit activity should adopt a process to control and assess the overall effectiveness of the quality program.

Examining financial and operating information

Review of the economy, efficiency and effectiveness of operations

Review of compliance with laws, regulations and other external requirements

Confirming that the final result (the sum) is correct

The incidence of fraud of a material amount has been established to a reasonable certainty.

Suspicious activities have been reported to internal auditing.

Irregular transactions have been identified and are under investigation.

The review of all suspected fraud related transactions is complete.

Checklists or reminder lists

Flowcharts

Questionnaires

Research reported in professional journals and text books

The same rules might not be suitable for every company

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

Companies do not have the choice of ignoring the rules

The most suitable corporate governance practices can differ between companies

Design the controls.

Appraise the effectiveness of the controls.

Establish the policies for controls.

Create the procedures for the planning process.

Decide the extent of necessary follow-up work.

Allow management to decide when to follow-up, since it is management’s ultimate responsibility.

Decide to conduct follow-up work only if management requests the auditor's assistance.

Write a follow-up audit report with all findings and their significance to the operations.

Employee morale over the two time periods.

Scrap and rework costs over the two time periods.

Customer returns over the two time periods.

Manufacturing and distribution costs per unit over the two time periods.