IIA-CGAP Online Practice Questions and Answers

All Practice Advisories are submitted to a formal review process by the __________ or other group designated by the Guidance Planning Committee.

A. PPF's Professional Issues Committee

B. IIA's Professional Issues Committee

C. INTOSAI's professional Committee

D. IFAC's Professional Committee

Which of the following Advisories are submitted to a formal review process by The IIAs Professional Issues Committee or other group designated by the Guidance Planning committee?

A. Hurricane Advisories

B. Product and services security Advisories

C. Practice Advisories

D. Security Advisories

All of the following are the General questions auditors need to answer when auditing an organization's control environment please chooses the correct option:

A. Does management establish and maintain effective policies and procedures related to control?

B. Does management communicate its support for controls throughout the organization?

C. Does management provide a favorable control environment in the organization?

D. All of the above

The__________ is where the audit determines whether process controls exist and are sufficient to provide reasonable assurance that the desired performance will be achieved. Where as The ____________ is where the audit includes methodology for measuring performance either because the audited entity is not measuring its own performance or because its performance measurement efforts are or may be incomplete or unreliable.

A. Process-based approach, measurement-based approach

B. Measurement-based approach, control-based approach

C. Measurement-based approach, process-based approach

D. Planning-based approach, measurement-based approach

In addition to the characteristics described above, performance measurement information should have all of the following characteristics EXCEPT:

A. Relevant (related to program's objectives)

B. Accurate (complete and error free.)

C. Easy to understand and use (free of jargon and with key terms defined)

D. easily accessible

Which of the following are the two broad classifications of management styles please mark the correct option:

A. Directing management

B. Autocratic management

C. Consultative management

D. All of the above

The purpose of the external quality control review is to determine whether the organization's internal quality control system is in place and operating effectively to provide reasonable assurance that established policies and procedures and applicable auditing standards are being followed.

A. Quality control, Quantity control

B. Internal quality control system, External quality control

C. External quality control, Internal quality control system

D. Quantity control, Quantity control

The concept of performance management shifts the focus of government decision-making and accountability away from monetary aspects to the activities undertaken to achieve results. And also effective performance management establishes programs and resources within the organization that address its agency-wide objectives and administers them through four phases:

"plan, do, check, and act." Guiding principles include long-range planning, collaborative input, a "results" orientation, decisions based upon measurable data, and continuous improvement in outcomes.

A. Effective performance management, performance management

B. Autocratic management, effective performance management

C. Performance management, effective performance management

D. Consultative management, effective performance management

_________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

The________ is the total number of units being studied and ______ is a characteristic of the population. Where as A _________ is a characteristic of the sample.

A. Parameter, population, statistics

B. Population, parameter, statistics

C. Statistics, parameter, population,

D. Population, statistics, parameter