Exam 2: Certified Government Auditing Professional

________is one in which each specific budgetary account is allocated to a narrow purpose (such as travel, supplies, personnel).where as ________are the entity's efforts to tie the results of the activities or programs to the cost of operating the programs.

Peter Drucker, one of the foremost authorities on management theory, described why public sector accountability was so critically important. He described all of the following factors that distinguish service organization activities from private-sector activities EXCEPT:

The purpose of ___________audits of is to issue an opinion on the fairness of the financial statements and to evaluate the following assertions (explicit or implicit) by management:

Typical methodologies used to conduct summative evaluations include all of the following EXCEPT:

All of the following are major steps in the strategic planning process EXCEPT:

The following are guidelines for using performance data to evaluate performance EXCEPT:

All of The following are questions auditors may ask when testing controls of safeguards over assets and records please choose the correct option:

Governmental auditing is distinctive and encompasses different requirements from auditing commercial or not-for-profit enterprises. The standards that apply specifically to government audits are all of the following EXCEPT:

_______can be defined as the Equipment, facilities, people, supplies, or services used to produce a product or service. Where as _________is the mechanism that links the costs of resources to the activities that use the resources.

The nature of accountability means the governing body (agent) must make an accounting back to the public and/or service recipient (principal) regarding the achievement of objectives and the stewardship of resources. All of the following are certain elements of risk that exist in the principal-agent relationship EXCEPT:

Embedded controls over purchase cards can include all of the following EXCEPT:

COSO was a private-sector initiative started in the 1980s to address the problem of fraudulent financial reporting. Problems continued to persist in the 1980s and the private sector was wary of additional government intervention, so all of the following five organizations banded together to form COSO please choose the correct option:

Internal auditors are expected to apply and uphold all of the following principles please choose the correct option:

Management controls are the plans, methods, and procedures adopted by management for measuring, reporting, and monitoring program performance. All of the following are objectives of management control EXCEPT:

All of the Following are the major goals of COSO EXCEPT:

The Standards consist of Attribute Standards, Performance Standards and Implementation standards. The __________ address the characteristics of organizations and parties performing internal audit activities. The _________ describe the nature of internal audit activities and provide quality criteria against which the performance of these services can be evaluated. While the Attribute and Performance Standards apply to all internal audit services, the ________ apply to specific types of engagements.

Following are examples of the intersection of public information with privacy include please choose the correct option:

Process measures provide a means for evaluating the use of inputs to achieve outputs. where as Outcome measures report the results associated with the products or services delivered by a program or agency program, both qualitative and quantitative.

All of the following are objectives of a centralized function EXCEPT:

All of the following are the steps that should be followed to evaluate the reliability of performance data in cases where a performance measurement system does not exist EXCEPT: