IIA IIA-CGAP Exam Questions & Answers

Which of the following are the two broad classifications of management styles please mark the correct option:

A. Directing management

B. Autocratic management

C. Consultative management

D. All of the above

All of the Following are the major goals of COSO EXCEPT:

A. Establish a common definition of internal control.

B. Provide a standard against which organizations can assess their control systems.

C. Create and track Specific, Measurable, Achievable, Results-Oriented and Time Sensitive goals.

D. Provide a straight-forward line-of-sight view of cascaded organizational goals for both managers and employees.

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:

A. Fee setting -- government organizations often develop fee or payment schedules for units of service.

B. Making contracting-out decisions -- many organizations are attempting to cut costs either by outsourcing various operations or by consolidating services.

C. All of the above.

D. None of the above.