IIA IIA-CFSA 問題集

質問 1：
When conducting an audit of securities investments, the following objectives and audit steps should be considered EXCEPT:
A. Determine whether the institution adequately control and records the sold securities in balance sheet
B. Determine whether transactions are properly authorized and recorded. Verify that dividend or interest income is accurately calculated and recorded in the general ledger
C. Determine whether policies, procedures, practices, and internal controls over security investments are adequate and being followed
D. Determine that the institution has an adequate process for reconciling subsidiary records to the general ledger on a regular basis
正解：A

質問 2：
Residential loans are usually secured by all EXCEPT:
A. Land contracts
B. Mortgages
C. Current Assets
D. Deed of truest
正解：C

質問 3：
All the activities, mentioned below, cause rise in interest rate EXCEPT:
A. When government borrows money
B. None of these
C. High inflation
D. When government prints money
正解：B

質問 4：
The risks associated with operating objectives include all of the following EXCEPT:
A. Competitor
B. Financial institute
C. Customer requirements
D. Technology
正解：B

質問 5：
Exception reports generated by the lending institution are designed to identify past-due loans. Auditors should review these exception reports to identify an unusually high number of exceptions and old or unusual exceptions that might indicate that:
A. The institution is following up on exceptions in a timely manner
B. The auditor is not following up on exceptions in a timely manner
C. The institution is not following up on exceptions in a timely manner
D. The competitor is not following up on exceptions in a timely manner
正解：C

質問 6：
Liability insurance is a part of general insurance system of _________.
A. Risk involvement
B. Risk management
C. Risk transference
D. Self-help funds
正解：C