Research & Evidence-Based Practice Flashcards
7 cards from real Certified Internal Auditor practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Research & Evidence-Based Practice flashcards as text
Which of the following BEST describes the concept of triangulation in audit research?
Answer: Corroborating findings using multiple independent data sources or methods
Triangulation involves using multiple sources, methods, or perspectives to corroborate findings, thereby increasing the validity and reliability of audit conclusions.
In evidence-based auditing, 'reliability' of evidence refers to:
Answer: The probability that evidence accurately reflects the underlying condition
Reliability reflects whether evidence faithfully represents the actual conditions or transactions being audited, which is fundamental to drawing valid conclusions.
An auditor discovers that the results of two different data analysis techniques conflict. The BEST next step is to:
Answer: Investigate the conflicting results to determine which technique is more appropriate
Conflicting analytical results must be investigated to understand why the discrepancy exists and to determine which technique is most appropriate for the data.
The primary purpose of a literature review in an audit research project is to:
Answer: Identify existing knowledge, frameworks, and gaps relevant to the audit topic
A literature review establishes what is already known, identifies relevant frameworks, and reveals gaps that the current research aims to address.
When using regression analysis to evaluate procurement spend, a high R-squared value indicates:
Answer: A large proportion of variation in spend is explained by the selected variables
R-squared (coefficient of determination) measures the proportion of variance in the dependent variable explained by the independent variables in the regression model.
A control self-assessment (CSA) workshop generates data that is BEST classified as:
Answer: Primary qualitative data collected directly by the auditor
CSA workshops produce primary qualitative data because the auditor directly facilitates and collects the information from participants, though it requires corroboration.
Which statistical concept is MOST relevant when an auditor wants to determine whether a difference in error rates between two departments is statistically meaningful?
Answer: Hypothesis testing with significance testing
Hypothesis testing with significance testing (e.g., t-tests or chi-square tests) determines whether observed differences are statistically significant or likely due to chance.