Practice IIA-CGAP Exam Online

Question 1

The ____________ promulgates standards for government organizations. INTOSAI standards are a model for government audit standards, established and endorsed by the INTOSAI organization, but which must be adopted and/or modified by the _________ of any specific country in order to be used?

A : Supreme Audit Institution (SAI), International Organization of Supreme Audit Institutions (INTOSAI)

B : International Organization of Supreme Audit Institutions (INTOSAI), International Standards for the Professional Practice of Internal Auditing (ISPPIA)

C : International Organization of Supreme Audit Institutions (INTOSAI), Supreme Audit Institution (SAI)

D : International Standards for the Professional Practice of Internal Auditing (ISPPIA), Supreme Audit Institution (SAI)

Answer: C

Question 2

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 : Renewal application (number of applications received).

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

D : Measures used should focus on measurable aspects of performance.

Answer: B

Question 3

Surrogate measures that can be used to measure a fire prevention program’s success can be documented by the number of classes and students, or a test or survey identifying knowledge gained from the class. Other prevention programs that are challenged by linking programs to surrogate outcomes include all of the following EXCEPT:

A : Continuous Improvement

B : Teen pregnancy prevention

C : Drug and alcohol prevention programs.

D : Early education intervention programs.

Answer: A

Question 4

____________is the Risk in any activity, regardless of the existence or effectiveness of controls. Where as ___________is the extent of uncertainty remaining after the mitigating effects of the control system are in place. The extent to which an organization has implemented controls to minimize the actual occurrence of the risk determines the vulnerability to the risk actually occurring

A : Potential risk, quality risk

B : Inherent risk, control risk

C : Control risk, quality risk

D : Internal risk, control risk

Answer: B

Question 5

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.

Answer: D

Name:	Certified Government Auditing Professional
Exam Code:	IIA-CGAP
Certification:	CGAP
Vendor:	IIA
Total Questions:	340
Last Updated:	Apr 25, 2024

IIA IIA-CGAP