Question 1

The control environment sets the tone of an organization and influences the control consciousness of its employees. The characteristics of an effective control environment are all of the following EXCEPT:

Options :

A : Management communicates the importance of internal controls to all employees.

B : A system is in place to monitor controls on a regular basis

C : Employees are held accountable for their performance.

D : Employees don not have clearly defined responsibilities.

Answer: D

Question 2

All of the following are the components of the Professional Practices Framework which was approved by the IIAs Board of Directors in June 1999 EXCEPT:

Options :

A : Definition of Internal Auditing and Standards

B : Mandatory Guidance

C : Code of Ethics (See Section I.D) and Practice Advisories

D : Development and Practice Aids

Answer: B

Question 3

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 4

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

Question 5

Management controls are the plans, methods, and procedures adopted by management for measuring, reporting, and monitoring program performance. All of the following are objectives of management control EXCEPT:

Options :

A : Validity and reliability of data.

B : Controlled operations

C : Program operations

D : Compliance with laws and regulations

Answer: B

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