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:A
Aninternalauditorplansanauditofacity'shighwaymaintenance.Theauditobjective
istodetermineiffixedassetsemployedareproperlyreflectedintheaccountingrecords.
A.Correct.Thisobjectiveislikelytobeeffectivebecauseit
Whichofthefollowingapproachesismosteffective? requiressamplingfromthepopulationofexistingassetsand
tracingtotheaccountingrecords.
A.Inspectingfixedassetsusedintheroadmaintenanceprocessandtracingtothe B.Incorrect.Theissueiscompletenessoffinancialrecords(that
assetsubsidiaryledger. is,whetherexistingassetsarerecordedintheaccounting
records).Thewritedownorremovalofrecordedassetsisnot
B.Scanningtheassetsubsidiaryledgerforcreditentries.
relevant.
C.Selectingitemsfromtheassetsubsidiaryledgerandrecalculatingdepreciation. C.Incorrect.Theissueiscompleteness,notvaluation,sothis
D.Examiningdocumentationconcerningthecostoffixedassetsusedintheroad approachwouldnotberelevant.
D.Incorrect.Theissueisnotvaluation,butratherthe
maintenanceprocess.
appropriateinclusionofassetsintherecords.

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Whichofthefollowinganalysistechniqueswouldbemostusefultodetermineifthe
timetoprocessdisabilityclaimshasincreased? Candidatesfromthefollowingcountries
mustrefertotheirlocalIIAInstituteweb
A.Runchart. siteorcontacttheirlocalrepresentative
formoreinformationaboutlocal
B.Agingschedule. certificationprocesses:
C.Histogram.
Australia Japan
D.Paretoanalysis. Belgium Korea
Brazil Malaysia
China Philippines
ChineseTaiwan Singapore
Viewanswer CzechRepublic Switzerland
France Thailand
Indonesia Turkey
Aninternalcontrolthatmaybeusefulinthedetectionofintegrityviolationsis: Italy UK/Ireland

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

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Whichcontracttypeshouldbeusedforacquiringacommodity?

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

Viewanswer

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2/6/2017 SampleExamQuestions
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