IIA IIA-CGAP Online Practice Questions and Exam Preparation

IIA IIA-CGAP Online Questions & Answers

• Question 171:

  All of The following are the areas that should be considered when identifying specific performance to measure EXCEPT:

  A. Determine if recommendations for improvement or change are warranted.
  B. Identify stakeholder needs.
  C. Assess performance through bench marking or best practice reviews.
  D. Do not Identify processes within the program.
  D. Do not Identify processes within the program.

• Question 172:

  The term _________ refers to the audit procedures deemed necessary in the circumstances to achieve the objective of the audit. The procedures required to conduct an audit in accordance with _________ should be determined by the auditor having regard to the requirements of ISAs, relevant professional bodies, legislation, and regulations:

  A. Scope of an audits, ISAs
  B. Purpose of an audit, PSPs
  C. Principle of an audit, ISAs
  D. Purpose of an audit, ISAs
  A. Scope of an audits, ISAs

• Question 173:

  Financial management in the public sector differs significantly from its private-sector counterpart. All of the following are the basic fundamentals of public financial management EXCEPT:

  A. Spending
  B. Saving
  C. Budgeting
  D. Taxing
  C. Budgeting

• Question 174:

  Inputs are the measurement of efforts or economic resources that are put into a program activity. This category includes both financial and nonfinancial information. Where as Processes are the measurements that relate efforts to accomplishments, generally reporting on efficiency and cost of providing a specific unit of service.

  A. Processes, inputs
  B. Outputs, processes
  C. Processes, outputs
  D. Inputs, processes
  D. Inputs, processes

• Question 175:

  Application controls are designed to prevent, detect, and correct errors and irregularities as transactions flow through the application. Application controls are classified into all of the following categories EXCEPT:

  A. Output controls
  B. Input controls
  C. Internal controls
  D. Processing controls
  C. Internal controls

• Question 176:

  Governments must have a means to finance public services, with the primary means being taxation. All of the following are the primary methods of revenue generation in public administration EXCEPT:

  A. Taxation, this includes federal and state income taxes, along with sales and property taxes.
  B. User charges -- as individuals become increasingly less receptive to taxes, user fees or charges have been used to finance some services.
  C. Employee charges
  D. Transfer payments -- State and local governments receive transfer payments from the federal government.
  C. Employee charges

• Question 177:

  Government entities generally have the authority and responsibility to issue and require adherence to their policies and regulations relating to contracts. Accounting and control considerations for contracts include the following given below please choose the correct option:

  A. Development and approval of a pre-award form to ensure unobligated funds equal to the estimated amount of the contract.
  B. Specifications or statement of work describing goods and services to be obtained (including quality standards).
  C. Settlement of any advances of money and inventories of property in a manner consistent with agency policy or contract conditions.
  D. All of the above.
  E. None of the above.
  D. All of the above.

• Question 178:

  The characteristics of ____________ will vary based on the _____ of the audit unit and the nature of its work. Where as the frequency of required quality assurance reviews varies based on the _____ of standards followed.

  A. Internal quality control systems, length, type
  B. External quality control systems, size, type
  C. External quality control systems, quality, type
  D. Internal quality control systems, size, type
  D. Internal quality control systems, size, type

• Question 179:

  The form and content of written policies and procedures should be appropriate to the size and structure of the auditing department and the complexity of its work. Formal administrative and technical audit manuals help employees to consistently comply with established performance standards.

  Then who is responsible for developing and maintaining written policies and procedures to guide audit staff?

  A. The head of the audit unit
  B. A director or chief
  C. The head of the department
  D. Audit staff
  A. The head of the audit unit

• Question 180:

  There are two major categories of questions interviewers can ask. _______ require the subject to give a detailed reply. ________ usually call for Yes/No replies or suggest a possible answer.

  A. Open-ended questions, interrogative questions
  B. Open-ended questions, closed-ended questions
  C. Interrogative questions, closed-ended questions
  D. Closed-ended questions, open-ended questions
  B. Open-ended questions, closed-ended questions