IIA Certified Government Auditing Professional CGAP Exam Practice Test

A ________ is a contract or contractual action entered into by a prime contractor or subcontractor for the purpose of obtaining supplies, materials, equipment, or services of any kind under a prime contract. Where as in ______________ multiple awards are given for certain contracts to more than one responsible bid. Generally, the contracts are similar in conditions and amounts.

Some specific problems that can occur with secondary data and suggested methods to correct those problems include all of the following EXCEPT:

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

Investment risk refers to the likelihood of a loss. All of the following given below are types of investment risk EXCEPT.

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:

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:

________ result when evidence is used incorrectly. Where as ________ result from a failure to follow the logic of a series of statements. Deductive arguments are based on a series of statements or premises. Deductive logic states that if a series of premises is true, then the conclusion must also be true.