Certified Financial Services Auditor

Here you have the best IIA IIA-CFSA practice exam questions

You have 500 total questions to study from
Each page has 5 questions, making a total of 100 pages
You can navigate through the pages using the buttons at the bottom
This questions were last updated on October 13, 2025
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Question 1 of 500

Which of the following situation would not impair audit objectivity?

An auditor is assigned to audit a business function that the auditor was responsible for nine months ago

An individual temporarily assigned to the internal audit activity because of the individuals expert knowledge in a particular business function assigned to audit an activity that the individual was responsible for just prior to transferring to the internal audit activity

An auditor is assigned to perform a post-implementation review on a system for which the auditor participated in the design process

An auditor is assigned to perform a post-implementation review on a system for which the auditor performed a procedure review and made control

Correct Answer: D

Question 2 of 500

There are multiple sets of attribute and performance standards:

False

True

True- In specific conditions

False- In specific conditions

Correct Answer: A

Question 3 of 500

All of the following phrases are used to express the auditor’s opinion EXCEPT:

Give a true and fair view

Present fairly, in all material respects

Timely and consistent opinion

Comprehensible and realistic view

Correct Answer: C

Question 4 of 500

The auditor should plan an audit with an attitude of:

Professional competence

Professional skepticism

Subject awareness

Opinion sharing

Correct Answer: B

Question 5 of 500

Which of the following is a limitation in an audit that affects auditors’ ability to detect material misstatements?

Scope of an audit

The use of testing

Over- generalization

Unidentifiable risks

Correct Answer: B