The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways:
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The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways: Reveal answer details Close answer detailsCorrect answerD
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Life cycle costing results in _________ overall cost. Reveal answer details Close answer detailsCorrect answerA
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A well-managed risk management program has following preconditions EXCEPT: Reveal answer details Close answer detailsCorrect answerD
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If the $20,000 is loaned at a stated interest rate of 10%with the requirement that an 18% minimum compensating balance be kept, the APR (annual percentage rate) is: Reveal answer details Close answer detailsCorrect answerC
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Governments borrow from the either banks or tax-exempt money market funds in anticipation of taxes, revenues, bonds, or improved market conditions. Some of such conditions are as follows EXCEPT: Reveal answer details Close answer detailsCorrect answerD
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The indenture includes all these covenants that protect the beholder EXCEPT: Reveal answer details Close answer detailsCorrect answerD
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All of the following are ways to eliminate risk EXCEPT: Reveal answer details Close answer detailsCorrect answerA
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In 2005 the police department had four lost workday cases and 27 days were lost. The department has 53 full-time employees. The frequency and severity rates will be Reveal answer details Close answer detailsCorrect answerA
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Number of students enrolled, cost per student enrolled, yearnd state test score and critical thinking and application of knowledge. This is an example of measures in education sector. Match these steps with the following appropriate list of types of measures. Reveal answer details Close answer detailsCorrect answerA
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The performance auditor has input into the work plan, prioritizing projects based on: Reveal answer details Close answer detailsCorrect answerD
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GAAP requires that the fees for enterprise fund services like water, sewer, and electricity offset costs. As a policy decision, governing board members choose among four water and sewer rate structures. Those are all EXCEPT: Reveal answer details Close answer detailsCorrect answerB
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The intended purpose of The Single Audit Act is to: Reveal answer details Close answer detailsCorrect answerC
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If a building originally valued at $160,000 appreciates to $300,000 and is insured by an 80% coinsurance clause, then 80% of the value ($320,000) must be insured. If the building is still insured at only $160,000 and a $100,000 loss occurs, the loss would be: Reveal answer details Close answer detailsCorrect answerA
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Using purchasing cards for contract purchases creates efficiencies for all of the following EXCEPT: Reveal answer details Close answer detailsCorrect answerA
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Commercial papers are sold through: Reveal answer details Close answer detailsCorrect answerD
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Governments are increasingly using capital lease financing because it: Reveal answer details Close answer detailsCorrect answerD
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Most Government Issue bond in denominations of $5000, which underwriters call: Reveal answer details Close answer detailsCorrect answerD
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At the federal level, financial auditing is conducted by two organization ______________ conducts an annual financial audit Reveal answer details Close answer detailsCorrect answerA
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Bond proceeds funds capital assets (Known as fixed assets) that typically have useful lives of at least five or six years. These assets include: Reveal answer details Close answer detailsCorrect answerD
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Four types of credit enhancements are offered by state bond banks. Which of the following is NOT out of those enhancements? Reveal answer details Close answer detailsCorrect answerC
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Credit services, Trustee and related services and investment management services are the Secondary services provided by banks. Reveal answer details Close answer detailsCorrect answerA
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In Government Organizations, a modified approach for depreciation is used. This modified approach expenses maintenance cost and capitalizes additions and improvements, but it does not record depreciation charges. The logic behind the modified approach is: Reveal answer details Close answer detailsCorrect answerA
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Perils, losses, property, source of liability, and people, Indemnity, Exclusions, Definitions and conditions are: Reveal answer details Close answer detailsCorrect answerB
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A successfully integrated technology solution for a CFO ties an organization's activities together and: Reveal answer details Close answer detailsCorrect answerC
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Which of the following is NOT included in RFPs (Request for proposals) regarding audit? Reveal answer details Close answer detailsCorrect answerC
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The financial adviser gives advice regarding the financial feasibility of a bond. Thus, the financial adviser's fee should not be contingent on a bond's sale because of: Reveal answer details Close answer detailsCorrect answerA
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Vendors sometimes attempt to unduly influence governing board members, the CEO, and agency personnel to buy their goods or services. To avoid such situations, the governing board of a government should adopt an ethics policy. The NIGP recommends a policy that governments and non-profits might want to: Reveal answer details Close answer detailsCorrect answerB
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To decide whether to issue bond publicly or privately ______________ Reveal answer details Close answer detailsCorrect answerA
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Which of the following opinions is not expressed by auditors as to whether financial statements are expressed fairly in all material respects with respect to generally accepted accounting principles? Reveal answer details Close answer detailsCorrect answerD
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The city of Mudville uses 1600 oil filters annually. The cost of placing an order is $5.00. The unit cost is $3.50. The carrying cost is 20 percent, and the carrying cost per unit is &0.70(0.20x$3.50). What is the economic order quantity? Reveal answer details Close answer detailsCorrect answerA
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____________ are in anticipation of improved market conditions in which to issue longterm debt. It Reveal answer details Close answer detailsCorrect answerC |