Free IIA CIA Part 2 (Internal Audit Engagement) Engagement Planning Practice Questions
Engagement Planning on CIA Part 2 covers establishing engagement objectives and scope, the risk assessment that drives them, engagement criteria, and the work program. This is the largest Part 2 domain at 50%, tested almost entirely through mini-scenarios that ask what the internal auditor should do next.
Which statement best describes an integrated internal audit engagement?
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Correct Answer: A
Solution
A is correct. An integrated approach plans and executes one engagement that examines a process across its financial, operational, compliance, and technology dimensions, usually with a team blending those competencies. The Global Internal Audit Standards expect the internal audit function's methodologies to define such approaches (Standard 9.3), and the auditor in charge selects the approach when setting engagement objectives and scope (Standard 13.3). Integration matters because risks in a single process rarely respect discipline boundaries, so a combined view produces one conclusion supported by evidence from each dimension.
Question 2
Medium
An engagement covers a procurement process that has no documented policy. Which basis for evaluation criteria is most appropriate?
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Correct Answer: C
Solution
C is correct. When management has not established adequate criteria, the internal auditor works with management to identify appropriate criteria, commonly drawing on recognized external frameworks or leading practices for the process under review. Standard 13.2 requires criteria to be relevant, reliable, and agreed with management where practicable, and agreeing them before fieldwork prevents disputes about the benchmark once conditions are identified.
Question 3
Hard
A digital banking platform is being built in short releases, and control design keeps changing. Which engagement approach fits best?
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Correct Answer: C
Solution
C is correct. Agile auditing breaks the engagement into short, time-boxed sprints with frequent stakeholder feedback and incremental communication of results. Where control design is still evolving across successive releases, this approach keeps the engagement scope aligned with the current state of the platform and delivers observations while they can still influence design, which a single end-loaded fieldwork phase cannot do.
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