IIA IIA-CGAP Online Practice Questions and Exam Preparation

IIA IIA-CGAP Online Questions & Answers

• Question 91:

  The audit function within government provides all of the following benefits EXCEPT:

  A. Prompt implementation of audit recommendations.
  B. The audit function helps keep governments accountable to the public by measuring adherence to established laws, regulations, and controls, and the effectiveness, economy, and efficiency of operations.
  C. The audit function provides objective assurance to oversight bodies about the reliability and credibility of financial and performance reports produced by management.
  D. Input from audits can help employees improve their overall job performance and adherence to establish controls.
  A. Prompt implementation of audit recommendations.

• Question 92:

  All of the following are the components of the Professional Practices Framework which was approved by the IIAs Board of Directors in June 1999 EXCEPT:

  A. Definition of Internal Auditing and Standards
  B. Mandatory Guidance
  C. Code of Ethics (See Section I.D) and Practice Advisories
  D. Development and Practice Aids
  B. Mandatory Guidance

• Question 93:

  The objective of interrogatory interviews is to obtain formal evidence in a written format. The following are guidelines for effective interrogatory interviews:

  A. Keep documents of vital significance in a transparent document cover so the suspect cannot mutilate them; never leave a suspect alone in a room with important documents.
  B. Enlarge and pin to the walls any pieces of particularly incriminating evidence (e.g., forged documents, altered accounts).
  C. None of the above.
  D. All of the above.
  D. All of the above.

• Question 94:

  Project management involves the considerations and activities audit managers undertake when conducting an audit. A _______ is defined as an endeavor in which resources are organized to undertake a unique scope of work, of a given specification, within the constraints of cost and time, so as to achieve a change defined by quantitative and qualitative objectives.

  A. Business plan
  B. Audit plan
  C. Tactical plans
  D. Project
  D. Project

• Question 95:

  All of the following groups benefit from the existence of audit standards in a variety of ways EXCEPT:

  A. Elected officials and the public receive increased assurance that public funds are being effectively used and monitored
  B. Government organization
  C. Management receives increased assurance that fraud or other organizational deficiencies will be detected and corrected.
  D. External parties and reviewers are provided with usable measurement guidelines.
  B. Government organization

• Question 96:

  All of the Following are the major categories of performance measures EXCEPT:

  A. Input measures
  B. Process measures
  C. Control measures
  D. Output measures
  C. Control measures

• Question 97:

  Contracts are written agreements (in most cases) that obligate the government to expenditure of money upon delivery of goods or performance of services. Following are various contract types available to ensure cost-effective delivery of services please choose the correct option:

  A. Fixed-price
  B. Firm fixed-price
  C. Cost-plus-award-fee
  D. A and C only.
  E. All of above.
  E. All of above.

• Question 98:

  Position classifications are formal descriptions that categorize all jobs in terms of duties, responsibilities, and salary schedules. Following are the basic principles of position classification EXCEPT:

  A. The duties and responsibilities pertaining to a position constitute the outstanding characteristics that distinguish it from, or mark its similarity to, other positions.
  B. Persons holding positions in the same class should be considered equally qualified for any other position in that class.
  C. Qualifications in respect to education, experience, knowledge, and skill necessary for the performance of certain duties are determined by the nature of these duties.
  D. Individuals should be classified.
  D. Individuals should be classified.

• Question 99:

  All of the following given below are the purposes of the Federal Information System Controls Audit Manual EXCEPT:

  A. Inform financial auditors about computer-related controls and related audit issues so that they can better plan their work and integrate the work of information systems (IS) auditors with other aspects of the financial audit.
  B. Pull together information on the historic environment analyses it and present it on a dedicated website.
  C. Establish a stakeholder advisory group to facilitate sharing of knowledge and co-ordinate a report on the "state of the historic environment".
  D. Provide guidance to IS auditors on the scope of issues that generally should be considered in any review of computer-related controls over the integrity, confidentiality, and availability of computerized data associated with federal agency systems.
  A. Inform financial auditors about computer-related controls and related audit issues so that they can better plan their work and integrate the work of information systems (IS) auditors with other aspects of the financial audit.
  D. Provide guidance to IS auditors on the scope of issues that generally should be considered in any review of computer-related controls over the integrity, confidentiality, and availability of computerized data associated with federal agency systems.

• Question 100:

  ________ supports a finding with the greatest degree of certainty. This type of evidence provides direct proof of a fact without requiring additional inference or presumption. ________ provides less certainty than direct evidence. This type of evidence generally requires the use of additional evidence to develop and support conclusions.

  A. Corroborative evidence, Primary or direct evidence
  B. Primary or direct evidence, Secondary evidence
  C. Secondary evidence, Primary or direct evidence
  D. Corroborative evidence, Primary or direct evidence
  B. Primary or direct evidence, Secondary evidence