IIA Qualified Info Systems Auditor CIA Challenge : IIA-CHAL-QISA Exam

  • Exam Code: IIA-CHAL-QISA
  • Exam Name: Qualified Info Systems Auditor CIA Challenge Exam
  • Updated: Oct 30, 2026
  • Q & A: 177 Questions and Answers

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About IIA Qualified Info Systems Auditor CIA Challenge : IIA-CHAL-QISA Exam Questions

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IIA IIA-CHAL-QISA Exam Syllabus Topics:

TopicDetails
Topic 1
  • Essentials of Internal Auditing: This domain has topics such as foundations of internal auditing, independence aconcept of governance and CSR.nd objectivity, Proficiency and Due Professional Care, QA, and Managing Risks. The domain covers describing the
Topic 2
  • Practice of Internal Auditing: This domain covers strategies and policies related to planning, organizing, controlling of internal audit processes, and understanding administrative activities such as resourcing, recruiting, and staffing. Moreover, this domain covers goals of engagement and assessment criteria in addition to planning the engagement to ensure the identification of key risks and controls.
Topic 3
  • Business Knowledge for Internal Auditing: This domain covers the vital planning phases and efforts and common performance measures. It also includes ways for management to effectively lead and counsel people to increase their commitment. Also, the domain covers financial accounting and managerial accounting fundamentals and the treatment of various costs.

Reference: https://www.theiia.org/en/promotions/certifications/qisa/qisa-cia-challenge-exam/

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IIA Qualified Info Systems Auditor CIA Challenge Sample Questions:

Question #1

Which of the following should be included in a company's year-end inventory valuation?

  • A. Goods on consignment, which the company is trying to sell for its customers.
  • B. Goods purchased by the company, free on board destination, that have not yet been received.
  • C. Company goods that were sold during the year, free on board shipping point, that have been shipped but not yet received by the customer
  • D. Company goods for sale on consignment at a consignment shop
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

An internal auditor notes that management consistently overrides established purchasing approval limits.
This situation MOST directly weakens:

  • A. Data retention.
  • B. Physical security.
  • C. Control environment.
  • D. Information security.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Which of the following is the most appropriate reason for a chief audit executive to conduct an external assessment more frequently than five years?

  • A. More frequent external assessments can serve as an equivalent substitute for internal assessments.
  • B. Significant changes in the organization's accounting policies or procedures would warrant timely analysis and feedback.
  • C. A change in senior management or internal audit leadership may change expectations and commitment to conformance
  • D. The parent organization's internal audit activity agreed to perform biennial reciprocal external assessments to provide greater assurance at a reduced cost.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

Which of the following statements best describes the difference between risk appetite and risk tolerance?

  • A. There is no significant difference between the two terms
  • B. Risk appetite refers to the degree of risk acceptance for a particular objective, while risk tolerance is one approach to risk management
  • C. Risk appetite refers to an organization's general level of acceptance, while risk tolerance is a more specific and subordinate concept
  • D. Risk appetite applies to specific objectives, while risk tolerance refers to an organization's general attitude toward risk.
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Correct Answer: C  🗳️

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Question #5

Which of the following resources would be most effective for an organization that would like to improve how it informs stakeholders of its social responsibility performance?

  • A. Open Compliance and Ethics Group.
  • B. Global Reporting Initiative.
  • C. ISO 26000
  • D. COSO's enterprise risk management framework.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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