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IIA IAA-IAP : Internal Audit Practitioner

IAA-IAP real exams

Exam Code: IAA-IAP

Exam Name: Internal Audit Practitioner

Updated: Jun 01, 2026

Q & A: 100 Questions and Answers

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About IIA IAA-IAP Exam

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IIA Internal Audit Practitioner Sample Questions:

1. Which of the following elements of the Fraud Triangle is directly under the organization's control?

A) Pressure
B) Opportunity
C) Rationalization


2. 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) Criteria
B) Condition
C) Effect


3. Internal and external benchmarking by the internal audit activity are examples of which of the following?

A) Confirmation
B) Analytical procedures
C) Inquiry


4. In the absence of any action to control or modify the circumstances, the probability of loss arising from circumstances existing in an environment is known as which of the following types of risk?

A) Residual
B) Control
C) Inherent


5. Which of the following best demonstrates that appropriate and sufficient resources were allocated to an audit engagement to achieve its objectives?

A) Staff skills audit.
B) Approved engagement work program.
C) Post-engagement survey of management of the audited area.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: B

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