Free IIA-ACCA: ACCA CIA Challenge Exam Questions and Answers
ACCA CIA Challenge Exam (IIA-ACCA) is an IIA certification exam. This page has free IIA-ACCA practice questions with answers and explanations, set out the way the real exam asks them, plus a timed IIA-ACCA practice test that scores you against the pass mark.
Looking for IIA-ACCA exam dumps or ExamTopics IIA-ACCA questions? These IIA-ACCA practice questions cover the same ground with verified answers and explanations, a downloadable IIA-ACCA PDF and a full IIA-ACCA practice test, kept current as IIA updates the exam.
Last updated: September 29, 2026
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Question #5
When auditing the award of a major contract, which of the following should an internal auditor suspect as a red flag for a bidding fraud scheme? * 1. Subsequent change orders increase requirements for low-bid items. * 2. Material contract requirements are different on the actual contract than on the request for bids. * 3. A high percentage of employees are charged to indirect accounts. * 4. Losing bidders are hired as subcontractors.
Correct answer: D
Explanation
Contract terms that differ from the request for bids and losing bidders reappearing as subcontractors are classic indicators of collusion or favoritism in the award process. A high use of indirect accounts relates to cost mischarging, not bid rigging.
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FAQ
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- Q1: Who is eligible for the ACCA CIA Challenge Exam?
- A: You must be an active full member of ACCA; students are not eligible, and you need a current letter of good standing from ACCA confirming full membership. ACCA is one of the approved accounting bodies under The IIA's Accounting route for the CIA Challenge Exam, and candidates living in the United Kingdom, Republic of Ireland or South Africa must also be IIA members through their local affiliate before enrolling.
- Q2: How much does the ACCA CIA Challenge Exam cost?
- A: As of October 2026 the application fee is USD 150 for IIA members and USD 380 for non-members, and the exam registration fee is USD 845 for members and USD 1,245 for non-members. All fees are non-refundable and non-transferable.
- Q3: How many questions are on the CIA Challenge Exam and how long is it?
- A: The real exam is a single multiple-choice exam of 150 questions, and you have 180 minutes to complete it. Passing this one exam earns the Certified Internal Auditor designation, rather than the three-part CIA exam.
- Q4: What does the CIA Challenge Exam cover and how is it weighted?
- A: The syllabus effective June 1, 2026 (aligned with the 2024 Global Internal Audit Standards) has five sections: Internal Audit Professionalism and Quality (20%), Internal Audit Operations and Audit Plan (15%), Engagement Planning (20%), Engagement Performance (25%), and Engagement Results and Monitoring (20%).
- Q5: Where and in what languages can you take the CIA Challenge Exam?
- A: The exam is computer-based at Pearson VUE test centers worldwide, with testing windows in February, June, September and November, and applications are accepted year round. As of October 2026 it is offered in English, French and Spanish, and registration for a Chinese Simplified version opens in October 2026 for December 2026 testing in mainland China.
- Q6: What happens if you fail the CIA Challenge Exam?
- A: You may retake the exam up to seven times, for eight attempts in total, within your three-year program eligibility window. The IIA does not grant program or exam extensions.
- Q7: When do you get your CIA Challenge Exam results?
- A: The IIA uses delayed scoring for the CIA Challenge Exam. For exams taken from September 1, 2026 onward, candidates receive their official result within three weeks of the exam date, after quality assurance and security checks are complete.
- Q8: What is the IIA-ACCA: ACCA CIA Challenge Exam exam?
- A: IIA-ACCA: ACCA CIA Challenge Exam is a IIA certification exam. Judging by the questions in our bank, it concentrates on auditor, guidance, chief, executive and workpapers.
- Q9: What topics does the IIA-ACCA: ACCA CIA Challenge Exam exam cover?
- A: Questions in our IIA-ACCA: ACCA CIA Challenge Exam bank cluster around auditor, guidance, chief, executive, workpapers, coso, purchasing and professional. Working through the full set is the quickest way to find which of these you are weakest on.
- Q10: How should I prepare for IIA-ACCA: ACCA CIA Challenge Exam?
- A: Work through the IIA-ACCA: ACCA CIA Challenge Exam practice questions here, checking your answer on each one, then sit the practice test to rehearse the exam under timed conditions before the real thing.
- Q11: Are these real IIA-ACCA: ACCA CIA Challenge Exam exam questions?
- A: They are drawn from officially released past questions and from community members who have sat IIA-ACCA: ACCA CIA Challenge Exam. Answers are verified and updated weekly.
- Q12: Where do I register for the IIA-ACCA: ACCA CIA Challenge Exam exam?
- A: Register through IIA directly. Exampractice is not affiliated with IIA and does not administer the exam.
- Q13: Is there a free IIA-ACCA: ACCA CIA Challenge Exam sample?
- A: Yes. Every IIA-ACCA: ACCA CIA Challenge Exam page shows a free sample of real questions. Upgrading opens the full bank and the practice test.
- Q14: What are IIA Certification Exams?
- A: IIA (Institute of Internal Auditors) Certification Exams validate your expertise in internal auditing, risk management, governance, and control processes. These certifications demonstrate your proficiency in evaluating and improving the effectiveness of risk management, control, and governance processes within an organization.
- Q15: Why should I pursue IIA Certification?
- A: IIA Certification enhances your professional credibility, showcasing your skills and knowledge in internal auditing. This can lead to better job opportunities, higher salaries, and career advancement in auditing, compliance, and risk management roles.
- Q16: What are the benefits of IIA Certification?
- A: Benefits include recognition as a certified internal auditor, improved job performance, access to exclusive resources, continuing education opportunities, and staying current with the latest auditing practices and industry standards.
- Q17: Who should take IIA Certification Exams?
- A: Internal auditors, risk management professionals, compliance officers, and anyone involved in assessing and improving organizational processes should consider these certifications to validate their expertise and advance their careers.
- Q18: What types of IIA Certification Exams are available?
- A: IIA offers various certification paths, including:
- Q19: How do I prepare for IIA Certification Exams?
- A: Preparation can include official IIA study materials, preparatory courses, practice exams, online tutorials, and hands-on experience in internal auditing and risk management.
- Q20: Where can I take IIA Certification Exams?
- A: IIA Certification Exams can be taken at authorized Pearson VUE testing centers worldwide, providing flexibility to fit your schedule and location.
- Q21: How do IIA Certifications impact my career?
- A: IIA Certifications significantly boost your career by demonstrating your expertise to employers, making you a more competitive candidate for advanced roles and promotions in auditing, compliance, and risk management.
- Q22: Are there any prerequisites for IIA Certification Exams?
- A: Some exams may have prerequisites, such as educational qualifications or professional experience in internal auditing. Check the specific requirements for each certification path on the IIA website.
- Q23: How often do I need to recertify for IIA Certifications?
- A: IIA Certifications typically require continuing professional education (CPE) credits and recertification every three years to ensure that certified professionals stay updated with the latest auditing practices and industry standards.



