Question 1

The characteristics of ____________ will vary based on the _____ of the audit unit and the nature of its work. Where as The frequency of required quality assurance reviews varies based on the _____ of standards followed.

Options :

A : Internal quality control systems, size, type

B : External quality control systems, size, type

C : External quality control systems, quality, type

D : Internal quality control systems, length, type

Answer: A

Question 2

Integrity violations can have an effect on an organization’s performance and reports of performance, as well as on the financial statements. Specific categories of integrity violations include all of the following given below please choose the correct option:

Options :

A : Abuse is distinct from illegal acts and noncompliance. Abuse occurs when conduct falls short of societal expectations for prudent behavior. Because determining abuse is subjective, auditors are not expected to provide reasonable assurance of detecting it.

B : Noncompliance includes illegal acts, as well as violations of provisions of contract or grant agreements.

C : Fraud is a type of illegal act that involves obtaining something of value through willful misrepresentation

D : All of the above.

Answer: D

Question 3

The audit committee should be made up of individuals who are independent of the day-to-day management of the public sector entity and who have the necessary program and /or management expertise to perform their review function effectively. The responsibilities of the audit committee should be stated in a _______, _______ or _______that is approved by the full board or governing body of the public sector entity, as appropriate.

Options :

A : Informal, written charter or equivalent document

B : Legal, written charter or equivalent document

C : Formal, verbal charter or equivalent document

D : Formal, written charter or equivalent document

Answer: D

Question 4

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

Options :

A : Private-sector contractors’ proposals or unit cost information (proprietary information related to a business that was disclosed in a proposal to provide services to a unit of government).

B : A & C only

C : Income levels of clients to determine eligibility for a service (for example, free and reduced price lunch programs).

D : Mental health data, medical records, social services provided to clients (personal information retained for specific government programs).

E : All of the above.

Answer: A

Question 5

The ultimate penalty is generally _____ and _____guidelines are developed to ensure that the termination is warranted and that the employee has been adequately apprised of his or her behavioral problem:

Options :

A : termination, formal

B : discipline, informal

C : evaluation, informal

D : discipline, formal

Answer: A

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