2/6/2017 SampleExamQuestions

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Certification CGAPCertification SampleExamQuestions

ertifiedGovernmentAuditingProfessional(CGAP)
C IMPORTANT!CCMSusersgohereto
prepareforSingleSignOn.
SampleExamQuestions

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Inafinancialstatementaudit,GovernmentAuditingStandards(YellowBook)require
thatthescopeofthereviewofcomplianceandinternalcontroloverfinancialreportingbe
specificallycommunicatedtoallofthefollowingexceptthe:

Itisimportantthataninternalauditdepartment'sstatementofpurpose,authority,
andresponsibilitydetail:
CorrectAnswer:B
A.Thedelineationofresponsibilitiesbetweentheinternalandexternalauditors.
B.Theorganizationalstatusoftheinternalauditfunction.
A.Incorrect.Properplanningandcoordinationbetweeninternal
C.Whethertheagencyheadwillpresentauditfindingstotheoversightcommittee. andexternalauditorsshouldprovideefficientauditcoverage
D.Underwhatcircumstancestheinternalauditdirectormayhaveconfidentialaccess oftheentity,butthiscanchangefromyeartoyearandisnot
addressedinamorenearlypermanentdocumentsuchasa
totheoversightcommittee.
charter.
B.Correct.Independenceisakeyaspectoftheinternalaudit
Viewanswer charter.
C.Incorrect.Thedirectorofinternalauditshouldshareaudit
resultsdirectlywiththeauditcommittee.
Aninternalauditorplansanauditofacity'shighwaymaintenance.Theauditobjective
D.Incorrect.Theinternalauditdirector'saccesstotheaudit
istodetermineiffixedassetsemployedareproperlyreflectedintheaccountingrecords. committeeshouldnotberestricted.
Whichofthefollowingapproachesismosteffective?

A.Inspectingfixedassetsusedintheroadmaintenanceprocessandtracingtothe
assetsubsidiaryledger.
B.Scanningtheassetsubsidiaryledgerforcreditentries. Candidatesfromthefollowingcountries
C.Selectingitemsfromtheassetsubsidiaryledgerandrecalculatingdepreciation. mustrefertotheirlocalIIAInstituteweb
siteorcontacttheirlocalrepresentative
D.Examiningdocumentationconcerningthecostoffixedassetsusedintheroad formoreinformationaboutlocal
maintenanceprocess. certificationprocesses:

Australia Japan
Belgium Korea
Viewanswer Brazil Malaysia
China Philippines
ChineseTaiwan Singapore
Whichofthefollowinganalysistechniqueswouldbemostusefultodetermineifthe CzechRepublic Switzerland
France Thailand
timetoprocessdisabilityclaimshasincreased? Indonesia Turkey
Italy UK/Ireland

A.Runchart. Theinformationcontainedonthiswebsite
B.Agingschedule. pertainstoallothercountries.

C.Histogram.
D.Paretoanalysis.

Viewanswer

Aninternalcontrolthatmaybeusefulinthedetectionofintegrityviolationsis:

A.Segregationofincompatibleduties.
B.Periodicsurprisecashcounts.
C.Regularlyscheduledsitevisits.
D.Properlydesignedforms.

Viewanswer

Whichcontracttypeshouldbeusedforacquiringacommodity?

A.Firmfixedprice.
B.Costsharing.
C.Costplusincentivefee.
D.Costplusawardfee.

Viewanswer

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2/6/2017 SampleExamQuestions

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