A flowchart is a visual representation of how a process works. All of The following are general rules that apply to flowcharting EXCEPT:
Strategic planning in government is the process of making decisions about how to achieve an entity’s mandates and goals and determining the resources required to accomplish those goals. Where as Strategic plans should be updated on a regular basis and are long-term in nature:
_______enables managers and auditors to directly link the costs of program resources to the objects produced, whether the objects are products or services. The link is established through the costing of the activities performed in producing the object.
________ addresses performance measures by requiring agencies to maintain an integrated accounting and financial management system that provides for the systematic measurement of performance.
Samples can be made more efficient by using either of the following methods please choose the correct option:
_________ is a method of measuring the statistical relationship that exists between two or more variables. Auditors might use regression to estimate the effects of a particular program on its target population. Where _________ measures performance. Data envelopment analysis (DEA) expands the single-input/single-output model of efficiency measurement to the real-world environment of multiple-input/multiple-output organizations.
Audit reports should state the audit objectives, scope, and methodology. If appropriate, the report should describe any performance aspects examined (e.g., outputs, outcomes). The audit scope should describe as necessary all of the following EXCEPT:
_________attempts to use strategic planning to set the mission, goals, and objectives of programs; measure programs’ outcomes; and set benchmarks to be met by programs.
The steps in developing an activity-based costing system are as follows EXCEPT:
Security administration is responsible for security over the computer facility, including all aspects of physical and data security. Following is a list of Control techniques for security administration please chooses the correct option:
The policies that promote and support revenue generation often have an impact on auxiliary areas such as the economy. The economic policy of a central government generally consists of three dimensions which are given below please choose the correct option:
During the _______, the data are aggregated and formatted in a manner to facilitate management oversight of key measures. Where as the_______ involves management decision-making based upon the program evaluation.
Assurance services involve the internal auditor’s objective assessment of evidence to provide an independent opinion or conclusions regarding a process, system, or other subject matter. All of the following are the parties generally involved in assurance services EXCEPT:
The ______ is the sum of the values of a group of items divided by the number of those items. Arithmetic mean is the most commonly used type of average. Where as_______ is a widely used measure of dispersion. The standard deviation represents the deviations of individual observations from the mean.
Some of the assistance services auditors may be called on to perform, in addition to conducting audits, include all of the following given below please choose the correct option:
All of The following are considered abuses of public debt EXCEPT:
The term descriptive statistics refers to methods designed to describe or summarize the characteristics of a data set. All of The following analysis procedures are associated with descriptive statistics EXCEPT:
A systems development methodology should include standards on all of the following EXCEPT:
Circumstances that contribute to the difficulty of measuring experimental programs include all of the following EXCEPT:
All of following areas of financial information should be Considered by the auditors and Auditors must need to be familiar with the customer’s controls related to financial reporting, safeguarding financial transactions, and compliance with laws and regulations affecting the financial statements if they plan to rely on them in order to reduce substantive testing on the financial statement audit EXCEPT:
All of the following are guidelines for effective personnel management EXCEPT:
All of The following are questions auditors may ask when testing controls of safeguards over assets and records please choose the correct option:
The purpose of _________ is to establish the criteria or overall framework for the purposeful, systematic, and balanced steps or actions that the auditor has to follow. And they are related to the general____________, which set out the basic requirements for undertaking the tasks covered by the field standards:
Which of the following are the two broad classifications of management styles please mark the correct option:
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:
Some specific problems that can occur with secondary data and suggested methods to correct those problems include all of the following EXCEPT:
Activity-based costing (ABC) enables managers and auditors to directly link the costs of program resources to the objects produced, whether the objects are products or services. In addition, activity based costing can be used to obtain cost information to use in the following ways:
____________ is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
The most common form of service delivery is via government employees. It is this approach that has created bureaucracies at the national, regional, and, in some cases, local level. There are numerous fixed and variable costs associated with this approach. All of the following are types of costs EXCEPT:
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:
The third category of guidance ___________ includes a variety of materials that are developed and/or endorsed by The IIA, This category includes research studies, books, seminars, conferences, and other products and services related to the professional practice of internal auditing that do not meet the criteria for inclusion in mandatory guidance or Practice Advisories:
All of the following are the Specific aspects of proper audit supervision EXCEPT:
_________Help define the role and responsibilities of auditors to internal and external entities. Where as _______establish the basic principles and guidance to assist auditors in the performance of their duties?
The purpose of the external quality control review is to determine whether the organization’s internal quality control system is in place and operating effectively to provide reasonable assurance that established policies and procedures and applicable auditing standards are being followed.
_______can be defined as A set of tasks to be costed or analyzed as a group, having both inputs and outputs. Where as _______can be defined as the mechanism that links an object with the frequency and intensity of the performance of an activity for the object.
A material misstatement is one that the auditor determines would change or influence the opinion of a reasonable person relying on the financial statements for information. Material misstatements may result from the following please choose the correct option:
The term _______refers to methods designed to describe or summarize the characteristics of a data set. The term _______refers to methods designed to allow inferences or estimates to be made about the characteristics of a data set.
Control self-assessments help identify internal control weaknesses and solutions. Where as Auditors can assist in this process by providing direct assistance or specific information related to such areas as establishing and monitoring effective internal controls, risk assessments, and sampling.
_________serves in a unique capacity as an important communication link among external and internal auditors and operating management, and as a means of reducing the risk of management override of key elements of a public sector entity’s internal control structure:
Personnel systems and central personnel offices typically provide all of the following services EXCEPT:
Analytical reviews are audit tests that involve a comparison of some type. There are several types of analytical reviews please choose the correct option:
Governments must have a means to finance public services, with the primary means being taxation. All of the Following are the primary methods of revenue generation in public administration EXCEPT:
___________covers the delivery of required services such as staff training. The necessary support processes required to deliver services under this domain include the actual processing of data by application systems, often classified under application controls. Where as _________ covers all IT processes need to be assessed regularly to monitor their quality and compliance with control requirements.
In addition to the characteristics described above, performance measurement information should have all of the following characteristics EXCEPT:
_______ are measures of inputs. These input measures include both financial items such as salaries and equipment costs, as well as nonfinancial items such as the number of staff hours allocated to a particular function. ________ are defined as outputs and outcomes.
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:
The auditors of public sector entities may be required to report on all of the following EXCEPT:
Government auditing serves a variety of customers. What are the three main types of customers which they serve please mark the correct one?
Security controls reduce or prevent disruption of service, loss of assets, and unauthorized access to equipment. An effective physical security program is necessary to protect the system and data. All of the following are techniques for security control please chooses the correct option: