Analysis and Evaluation — CIA Part 2 Practice Questions

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Sample questions — Analysis and Evaluation

1. Which of the following procedures would provide the best evidence of the effectiveness of a credit-granting function?

A.Reviewing the trend in receivables write-offs✓ Correct
B.Observing the process
C.Checking for evidence of credit approval on a sample of customer orders
D.Asking the credit manager about the effectiveness of the function

Explanation

Trends in write-offs directly reflect how well credit decisions minimize uncollectible receivables.

2. During a review of contracts, the CAE suspects favoritism toward a supplier and learns the CEO sits on that supplier’s board. How should the CAE proceed?

A.Immediately notify the board of directors.
B.Obtain supporting documentation and present the finding to the chairperson of the audit committee.✓ Correct
C.Contact the organization's external auditors for assistance.
D.Submit a draft report to senior management, excluding the CEO.

Explanation

Escalate with evidence to the audit committee chair due to the CEO’s potential conflict of interest.

3. In which scenario has the auditor reached an illogical conclusion?

A.The auditor examines January 2018 sales and finds none belong to 2017, concluding 2017 sales are recorded properly.✓ Correct
B.Analytical review shows no material differences; the auditor assumes record keeping must be correct.
C.Inventory test counts are traced to the compilation with no exceptions; the auditor concludes the compiled inventory exists.
D.A sample of items is confirmed; based on responses, the auditor concludes accounts receivable exist as recorded.

Explanation

Testing 2018 transactions cannot prove 2017 sales were properly recorded.

4. Integrated test facilities (ITFs) and base case system evaluations (BCSEs) are examples of which of the following?

A.Test data.✓ Correct
B.Continuous auditing.
C.Generalized audit software.
D.Audit expert systems.

Explanation

Both ITFs and BCSEs are test-data techniques used to evaluate application controls.

5. Which statement is true of auditor-created spaghetti maps in assurance engagements?

A.They are used to trace something back to its source.
B.They identify judgment-related risk scenarios.
C.They constitute secondary evidence.
D.They depict the current (as-is) or desired (should-be) state.✓ Correct

Explanation

Spaghetti maps visualize actual or desired process flows to assess design adequacy.

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How many CIA Part 2 practice questions are there for Analysis and Evaluation?↓

AnyCert has 94 CIA Part 2 practice questions specifically for the Analysis and Evaluation domain, each with a detailed AI-tutored explanation.

Is Analysis and Evaluation heavily tested on the CIA Part 2 exam?↓

Analysis and Evaluation is one of the core domains in the CIA Part 2 exam blueprint. Mastering this domain is essential for passing. AnyCert's practice questions cover the full scope of testable topics in this domain.

How should I study the Analysis and Evaluation domain for CIA Part 2?↓

Practice all 94 Analysis and Evaluation questions in AnyCert, review every explanation for missed answers, and use the AI tutor to clarify any concept. Focus on understanding the reasoning behind each answer, not just memorizing the correct choice.

Sample questions — Analysis and Evaluation

1. Which of the following procedures would provide the best evidence of the effectiveness of a credit-granting function?

A.Reviewing the trend in receivables write-offs✓ Correct
B.Observing the process
C.Checking for evidence of credit approval on a sample of customer orders
D.Asking the credit manager about the effectiveness of the function

Explanation

Trends in write-offs directly reflect how well credit decisions minimize uncollectible receivables.

2. During a review of contracts, the CAE suspects favoritism toward a supplier and learns the CEO sits on that supplier’s board. How should the CAE proceed?

A.Immediately notify the board of directors.
B.Obtain supporting documentation and present the finding to the chairperson of the audit committee.✓ Correct
C.Contact the organization's external auditors for assistance.
D.Submit a draft report to senior management, excluding the CEO.

Explanation

Escalate with evidence to the audit committee chair due to the CEO’s potential conflict of interest.

3. In which scenario has the auditor reached an illogical conclusion?

A.The auditor examines January 2018 sales and finds none belong to 2017, concluding 2017 sales are recorded properly.✓ Correct
B.Analytical review shows no material differences; the auditor assumes record keeping must be correct.
C.Inventory test counts are traced to the compilation with no exceptions; the auditor concludes the compiled inventory exists.
D.A sample of items is confirmed; based on responses, the auditor concludes accounts receivable exist as recorded.

Explanation

Testing 2018 transactions cannot prove 2017 sales were properly recorded.

4. Integrated test facilities (ITFs) and base case system evaluations (BCSEs) are examples of which of the following?

A.Test data.✓ Correct
B.Continuous auditing.
C.Generalized audit software.
D.Audit expert systems.

Explanation

Both ITFs and BCSEs are test-data techniques used to evaluate application controls.

5. Which statement is true of auditor-created spaghetti maps in assurance engagements?

A.They are used to trace something back to its source.
B.They identify judgment-related risk scenarios.
C.They constitute secondary evidence.
D.They depict the current (as-is) or desired (should-be) state.✓ Correct

Explanation

Spaghetti maps visualize actual or desired process flows to assess design adequacy.

Practice all 94+ questions in this domain

Start free practice →

Frequently asked questions

How many CIA Part 2 practice questions are there for Analysis and Evaluation?↓

AnyCert has 94 CIA Part 2 practice questions specifically for the Analysis and Evaluation domain, each with a detailed AI-tutored explanation.

Is Analysis and Evaluation heavily tested on the CIA Part 2 exam?↓

How should I study the Analysis and Evaluation domain for CIA Part 2?↓