IIA IIA-CGAP Online Practice Questions and Exam Preparation

IIA IIA-CGAP Online Questions & Answers

• Question 331:

  _________Help define the role and responsibilities of auditors to internal and external entities. Where as _______establish the basic principles and guidance to assist auditors in the performance of their duties?

  A. Technical standards, Standards
  B. Standards, Defense standards
  C. Audit standards, Standards
  D. Standards, Open standards
  C. Audit standards, Standards

• Question 332:

  Process measures provide a means for evaluating the use of inputs to achieve outputs. where as Outcome measures report the results associated with the products or services delivered by a program or agency program, both qualitative and quantitative.

  A. Process measures, Outcome measures
  B. Output measures, Input measures
  C. Input measures, Output measures
  D. Outcome measures, Process measures
  A. Process measures, Outcome measures

• Question 333:

  All of the following are the examples of employee's red flags EXCEPT:

  A. Employee lifestyle changes: expensive cars, jewelry, homes, clothes.
  B. Behavioral changes: may be indication of drug, alcohol, or gambling problem.
  C. High employee turnover, especially in areas that are more vulnerable to fraud.
  D. Excessive number of year-end transactions (particularly if backed out in the next period).
  D. Excessive number of year-end transactions (particularly if backed out in the next period).

• Question 334:

  Auditors must master a variety of techniques for gathering information. All of the techniques, which involve both manual and electronic means, are described below EXCEPT:

  A. Planning and controlling.
  B. Reviewing management reports
  C. Direct observation -- auditors can obtain valuable information and evidence by directly observing the customer's operations and work processes.
  D. Interviews -- it is important to meet with personnel involved in the processes being audited to discuss key issues.
  A. Planning and controlling.

• Question 335:

  The Professional Practices Framework consists of three categories of guidance which included all of the following EXCEPT:

  A. Mandatory Guidance
  B. Development and practice aids
  C. Practice Advisories
  D. Security Advisories
  D. Security Advisories

• Question 336:

  When evaluating whether an organization understands its information needs, auditors should obtain an overview of each computer application that is significant to the financial statements or to achieving the mission and objectives. Information that an auditor should be interested in includes all of the following EXCEPT:

  A. Narrative summary of the operating environment and types of computer processing performed (stand-alone, distributed, networked, etc.).
  B. Listing of significant communication networks.
  C. Listing of applications, including a description of the general purpose, impact on the financial statements, and importance to organizational objectives.
  D. Employees pay slips
  D. Employees pay slips

• Question 337:

  _________attempts to use strategic planning to set the mission, goals, and objectives of programs; measure programs' outcomes; and set benchmarks to be met by programs.

  A. Performance-based budgeting
  B. Personal budgets
  C. Business budgets
  D. House hold budgets
  A. Performance-based budgeting