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IIA-CGAP Exam Dumps - Certified Government Auditing Professional

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Question # 25

The customer-driven approach operates under the “business” model where all efforts are geared toward developing and retaining the customer base. This approach promotes the ability to react and adapt to customer needs and to provide services in an efficient and effective manner:

A.

customer-driven, act and adapt

B.

Bureaucratic, react and adapt

C.

autocratic, react and adapt

D.

customer-driven, react and adapt

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Question # 26

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.

Outcome measures Process measures

C.

Output measures Input measures

D.

Input measures Output measures

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Question # 27

In the public sector, there are generally eight types of auditor’s reports to be included in the financial statements, these are given below please choose the correct option:

A.

Auditor’s report on the fair presentation of the financial statements.

B.

Auditor’s report on compliance with general requirements for both major and non-major federal financial assistance programs.

C.

Auditor’s report on compliance with specific requirements related to major federal financial assistance programs.

D.

All of the above.

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Question # 28

________are used to allocate and account for the costs associated with providing a centralized service, such as printing, data processing, or motor pools. Where as _______is the fund where government holds or manages financial resources in a fiduciary capacity.

A.

permanent fund, enterprise fund

B.

Internal service funds, Fiduciary Fund

C.

General Funds, Special Revenue Funds

D.

Debt Service Fund, Capital Projects Fund

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Question # 29

All budgets, whether national, regional, or local, should be tied to specific objectives. All government revenue raising and spending should fall into one of the following objectives given below please choose the correct option:

A.

Allocation — ensuring that an appropriate level of funding flows into sectors of the economy where it is required.

B.

Legislative consideration

C.

Audit and evaluation

D.

Growth — Using the power of government spending to facilitate economic growth and wealth creation.

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Question # 30

All of the following are levels of ethics, each of which has its own sets of responsibilities EXCEPT:

A.

Organizational ethics — The environment or culture of an organization and formal and informal rules of conduct. These can also include specific laws and regulations.

B.

Personal morality — The basic sense of right and wrong is a function of social mores, parental influence, religious background, and personal experiences.

C.

Corporate social responsibility or CSR: an umbrella term under which the ethical rights and duties existing between companies and society is debated.

D.

Professional ethics — Professional norms and rules that govern a profession. Some professions, such as auditing, have professional codes of conducts (such as The IIA’s Code of Ethics).

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Question # 31

In testing the controls established by management, auditors should be able to identify if there are high-risk areas for integrity violations. Auditor responsibilities for detecting integrity violations include all of the following EXCEPT:

A.

Auditors should evaluate the evidence and determine the appropriate course of action. An investigation may be warranted if indicators strongly suggest that integrity violations occurred.

B.

When significant control weaknesses are found, the auditor should conduct sufficient tests to determine if these weaknesses resulted in integrity violations. The level of testing should increase as the number or significance of control weaknesses increases.

C.

Auditors must not have the knowledge and skills to adequately identify when violations occurred.

D.

Auditors should notify the proper legal authorities, if warranted.

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Question # 32

All of The following are guidelines for developing adequate performance measures EXCEPT:

A.

Use a “family” of measures to capture multiple dimensions of performance.

B.

Measures used should focus on measurable aspects of performance.

C.

Performance measures should be comprehensive enough to reach valid conclusions about the program.

D.

Renewal applications (number of applications received).

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