IIA IAA-IAP exam : Internal Audit Practitioner

IAA-IAP Exam Simulator
  • Exam Code: IAA-IAP
  • Exam Name: Internal Audit Practitioner
  • Updated: Sep 21, 2026
  • Q & A: 100 Questions and Answers

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IIA IAA-IAP Exam Syllabus Topics:

SectionWeightObjectives
Fraud Risks15%- Fraud Awareness
  • 1. Fraud Detection
  • 2. Fraud Prevention
  • 3. Fraud Risk Identification
  • 4. Fraud Response
Foundations of Internal Auditing35%- Internal Audit Fundamentals
  • 1. Purpose of Internal Auditing
  • 2. Internal Audit Roles and Responsibilities
  • 3. Internal Audit Standards
  • 4. Internal Audit Independence and Objectivity
Ethics and Professionalism20%- Professional Conduct
  • 1. Due Professional Care
  • 2. Confidentiality
  • 3. Professional Competence
  • 4. Code of Ethics
Governance, Risk Management, and Control30%- Governance and Risk
  • 1. Internal Control Concepts
  • 2. Control Activities
  • 3. Risk Management Frameworks
  • 4. Governance Processes

IIA Internal Audit Practitioner Sample Questions:

Question #1

Which of the following internal auditor attributes benefits the most from continuous professional development?

  • A. Competency.
  • B. Integrity.
  • C. Objectivity.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Which of the following would provide the most reliable information on a process under review?

  • A. Documentation of a walkthrough conducted on the process under review
  • B. Testimonial evidence, such as survey responses, on the process under review
  • C. Benchmarking information on the process under review compared to similar industries or organizational units
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Correct Answer: A  🗳️

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Question #3

During an assurance engagement of an organization's procurement process, an internal auditor obtained the policy that specified the authorized dollar limits for invoices. This document would best support which of the following attributes of an audit report?

  • A. Effect
  • B. Criteria
  • C. Condition
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

What are the typical elements of a risk and control matrix used in the engagement planning process?

  • A. Business objectives, risks to the objectives, and impact and likelihood of the risk occurring.
  • B. Experience level of key management personnel, susceptibility of the process to fraud, and process automation.
  • C. Inherent process risks, as defined in a globally accepted risk and control framework.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

Which of the following best ensures that the internal audit activity is free from undue interference from management?

  • A. A board audit committee that is composed of competent, independent members.
  • B. Audit policies and procedures that are comprehensive and well-documented, in accordance with the Standards.
  • C. An audit charter that defines the chief audit executive's functional reporting relationship with the board.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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