Practice IIA-CGAP-US Exam Online

Question 1

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).

Answer: C

Question 2

All of the following are the examples Payroll Red Flags EXCEPT:

A : Customer complaints that they are not receiving notices for nonpayment on account.

B : Inconsistent overtime hours for a cost center.

C : Overtime charged during a slack period.

D : Inconsistent overtime hours for a cost center.

Answer: A

Question 3

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

Answer: B

Question 4

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 : autocratic, react and adapt

B : customer-driven, act and adapt

C : bureaucratic, react and adapt

D : customer-driven, react and adapt

Answer: D

Question 5

The budget authority is generally a “ceiling” provided by law for obligations and expenditures. Some common forms of budget authority include all of the following EXCEPT:

A : Appropriation — this is the most common form of budget authority, which permits agencies to incur obligations and expend funds.

B : Legal restrictions on an organization

C : Public debt authority — funds derived from the sale public debt securities of the federal government.

D : Contract authority — statutory authority under which obligations may be entered into prior to receiving an appropriation

Answer: B

Name:	Certified Government Auditing Professional - US Version
Exam Code:	IIA-CGAP-US
Certification:	IIA-CGAP
Vendor:	IIA
Total Questions:	340
Last Updated:	Apr 24, 2024

IIA IIA-CGAP-US