Free IIA IIA-CGAP Exam Dumps Questions & Answers

All of the following are the examples management's red flags EXCEPT:

• A.  Excessive number of year-end transactions (particularly if backed out in the next period).
• B.  Unexpected overdrafts or declines in cash balance.
• C.  High employee turnover, especially in areas that are more vulnerable to fraud.
• D.  Reluctance to provide information to auditors.

Management must continually _________and develop clearly defined control objectives. The ________are the policies and procedures that help ensure that management's objectives are followed.

• A.  assess diversification risk, planning activities
• B.  assess business risk, Control activities
• C.  assess credit risk, planning activities
• D.  assess price risk, organizing activities

Recruiting is the process of advertising job openings and encouraging candidates to Apply. Where as The primary objective of it is to provide an adequate number of qualified candidates from which a selection can be made.

• A.  Recruiting, primary objective
• B.  selection, primary objective
• C.  planning, primary objective
• D.  training, primary objective

Which of the following Advisories are submitted to a formal review process by The IIA's Professional Issues Committee or other group designated by the Guidance Planning Committee?

• A.  Practice Advisories
• B.  Hurricane Advisories
• C.  Security Advisories
• D.  Products & services security Advisories

_________ is a contract that provides for payment of allowable incurred costs to the extent prescribed in the contract. Where as ___________ a cost-reimbursement contract in which the contractor receives no fee and is reimbursed only for an agreed-upon portion of its allowable costs:

• A.  Cost sharing, Cost-plus-incentive-fee
• B.  Cost-reimbursement, Cost sharing
• C.  Cost-plus-fixed-fee is, Cost-plus-incentive-fee
• D.  Cost-plus-incentive-fee, Cost sharing