Question 1

Which of the following statements from an audit finding is the condition?

Options :

A : We identified multiple credit card purchases without receipts to support them.

B : Government policy requires a cardholder to submit receipts for all purchases.

C : Finance Department personnel did not regularly review purchases to ensure compliance.

D : We recommend that the government implements a timely review of all credit card purchases.

Answer: A

Question 2

If a state treasurer wants to evaluate a variety of alternative long-term investments, which financial analysis should be used?

Options :

A : net present value analysis

B : regression analysis

C : horizontal analysis

D : ratio analysis

Answer: A

Question 3

How may a city parks and recreation director meaningfully assess the performance of the department's grounds maintenance division?

Options :

A : use a single measure of citizen satisfaction with parks and recreation

B : evaluate funds spent on grounds maintenance

C : analyze grounds maintenance staffing levels

D : compare cost per acre maintained to cost per acre maintained in another jurisdiction

Answer: D

Question 4

The goal of shared gervices is to

Options :

A : reduce current staffing levels.

B : transfer responsibilities to another entity.

C : efficiently aggregate resources.

D : provide private business opportunities.

Answer: C

Question 5

A program manager at a local agency needs to understand if program participation varies significantly from enrollment. The information changes daily. The best way to quickly analyze this would be to use

Options :

A : crosstab.

B : portable document format.

C : text file.

D : dashboard.

Answer: D

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