CERTIFIED INFORMATION SYSTEMS AUDITOR (CISA) EXAM |
NEWEST 2026/2027 ACTUAL EXAM | COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+||BRAND NEW VERSION!!
Audit Charter -
CORRECT|ANSWER
Documents management's responsibilities and objectives for the IS audit function
Audit Planning Phases -
CORRECT|ANSWER
1. Determine audit subject
2. Define audit objective
3. Set audit scope
4. Perform pre audit planning
5. Determine procedures
Risk Formula -
CORRECT|ANSWER
Likelihood x Impact
Audit Risk Formula -
CORRECT|ANSWER
Inherent Risk x Control Risk x Detection Risk
Materiality -
CORRECT|ANSWER
Determines the importance of findings based on potential impact on business decisions
Risk Management Process -
CORRECT|ANSWER
1. Risk identification (assets, threats, and vulnerabilities)
,2. Risk assessment (likelihood, impact, and prioritization - qualitative or quantitative)
3. Risk response & mitigation (avoid, mitigate, transfer, accept)
4. Risk & control monitoring and reporting
Compliance Testing -
CORRECT|ANSWER
Validate control effectiveness
Substantive Testing -
CORRECT|ANSWER
Verify data accuracy and completeness
Attribute Sampling -
CORRECT|ANSWER
Generally applied in compliance testing. Deals with presence or absence of the attribute and
provides conclusions that are expressed in rates of incidence
Variable Sampling -
CORRECT|ANSWER
Generally applied in substantive testing. Technique used to estimate the monetary value
Statistical Sampling -
CORRECT|ANSWER
Uses probability models
Non-Statistical Sampling -
CORRECT|ANSWER
Relies on audit judgment
Stop-or-Go Sampling -
CORRECT|ANSWER
, Test is stopped at the earliest possible moment. Used when auditor believes that relatively few
errors will be found
Discovery Sampling -
CORRECT|ANSWER
When objective is to discover fraud/irregularities
Stratified Mean Per Unit -
CORRECT|ANSWER
Population is divided into groups and samples are drawn from various groups
Unstratified Mean Per Unit -
CORRECT|ANSWER
Sample mean is calculated and projected on estimated total
Difference Estimation -
CORRECT|ANSWER
Estimates the total difference between audited values and unaudited values based on differences
obtained from sample observations
System Control Audit Review File (SCARF) / Embedded Audit Modules (EAM) -
CORRECT|ANSWER
Useful when regular processing cannot be interrupted. Records only transactions of
significance/specified conditions
Snapshots -
CORRECT|ANSWER
Useful when audit trail is required
Audit Hooks -
CORRECT|ANSWER
Useful when only select transactions or processes need to be examined. Early detection
NEWEST 2026/2027 ACTUAL EXAM | COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+||BRAND NEW VERSION!!
Audit Charter -
CORRECT|ANSWER
Documents management's responsibilities and objectives for the IS audit function
Audit Planning Phases -
CORRECT|ANSWER
1. Determine audit subject
2. Define audit objective
3. Set audit scope
4. Perform pre audit planning
5. Determine procedures
Risk Formula -
CORRECT|ANSWER
Likelihood x Impact
Audit Risk Formula -
CORRECT|ANSWER
Inherent Risk x Control Risk x Detection Risk
Materiality -
CORRECT|ANSWER
Determines the importance of findings based on potential impact on business decisions
Risk Management Process -
CORRECT|ANSWER
1. Risk identification (assets, threats, and vulnerabilities)
,2. Risk assessment (likelihood, impact, and prioritization - qualitative or quantitative)
3. Risk response & mitigation (avoid, mitigate, transfer, accept)
4. Risk & control monitoring and reporting
Compliance Testing -
CORRECT|ANSWER
Validate control effectiveness
Substantive Testing -
CORRECT|ANSWER
Verify data accuracy and completeness
Attribute Sampling -
CORRECT|ANSWER
Generally applied in compliance testing. Deals with presence or absence of the attribute and
provides conclusions that are expressed in rates of incidence
Variable Sampling -
CORRECT|ANSWER
Generally applied in substantive testing. Technique used to estimate the monetary value
Statistical Sampling -
CORRECT|ANSWER
Uses probability models
Non-Statistical Sampling -
CORRECT|ANSWER
Relies on audit judgment
Stop-or-Go Sampling -
CORRECT|ANSWER
, Test is stopped at the earliest possible moment. Used when auditor believes that relatively few
errors will be found
Discovery Sampling -
CORRECT|ANSWER
When objective is to discover fraud/irregularities
Stratified Mean Per Unit -
CORRECT|ANSWER
Population is divided into groups and samples are drawn from various groups
Unstratified Mean Per Unit -
CORRECT|ANSWER
Sample mean is calculated and projected on estimated total
Difference Estimation -
CORRECT|ANSWER
Estimates the total difference between audited values and unaudited values based on differences
obtained from sample observations
System Control Audit Review File (SCARF) / Embedded Audit Modules (EAM) -
CORRECT|ANSWER
Useful when regular processing cannot be interrupted. Records only transactions of
significance/specified conditions
Snapshots -
CORRECT|ANSWER
Useful when audit trail is required
Audit Hooks -
CORRECT|ANSWER
Useful when only select transactions or processes need to be examined. Early detection
