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CGAP - Certified Government Auditing Professional(R) (CGAP) - Dump Information

Vendor : Financial
Exam Code : CGAP
Exam Name : Certified Government Auditing Professional(R) (CGAP)
Questions and Answers : 327 Q & A
Updated On : Click to Check Update
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CGAP Questions and Answers

Pass4sure CGAP Dumps with Real Questions & Practice Test


QUESTION: 321

can be defined as Bids shall be evaluated without discussions. Evaluations should be fairly apparent since price and price-related factors are the prevalent criteria. Where as can be defined as bidders must submit sealed bids to be opened at the time and place stated in the solicitation for the public opening of bids:


  1. Publicizing the invitation for bids, Preparation of invitations for bids.

  2. Evaluation of bids, Submission of bids

  3. Preparation of invitations for bids, Submission of bids

  4. All of the above.


Answer: B


QUESTION: 322

The makes policies, procedures, and guidelines for procurement of necessary supplies and services by uniform and consistent among and within agencies in order to facilitate participation in procurements, encourage competition, and ensure that procurements are conducted in a fair and open manner:


  1. Government Agencies, CPO

  2. President, government agencies

  3. CPO, government agencies

  4. government agencies, CPO


Answer: C


QUESTION: 323

Embedded controls over purchase cards can include all of the following EXCEPT:


  1. Types of transactions (prohibiting cash advances, personal items, etc.).

  2. Transaction limits per day/per month.

  3. Monthly cardholder dollar limit.

  4. Minimum dollars per transaction.


QUESTION: 324

Following are the arenas of services into which a government might enter please choose the correct option:


  1. Architect-engineer services

  2. Building service contract

  3. Facilities contract

  4. All of the above.

  5. None of the above.


Answer: D


QUESTION: 325

is a contract for recurring services related to the maintenance of a public building (i.e. janitorial, custodial, security, window washing, housekeeping).where as is a contract in which Government facilities are provided to a contractor or subcontractor by the government for use in connection with performing one or more related contracts for supplies or services.


  1. Facilities contract, Building service contract

  2. Professional and consultant services, Transportation term contracts

  3. Building service contract, Facilities contract

  4. Professional and consultant services, Transportation term contracts


Answer: C


QUESTION: 326

are the Services rendered by persons who are members of a particular profession or possess a special skill and who are not officers or employees of the contractor. Where as

are indefinite delivery requirement contracts for transportation or for transportation- related services.


  1. Facilities contract, Building service contract

  2. Professional and consultant services, Transportation term contracts


  3. Building service contract, Facilities contract

  4. Professional and consultant services, Transportation term contracts


Answer: D


QUESTION: 327

A is a contract or contractual action entered into by a prime contractor or

subcontractor for the purpose of obtaining supplies, materials, equipment, or services of any kind

under a prime contract. Where as in

multiple awards are given for certain

contracts to more than one responsible bid. Generally, the contracts are similar in conditions and amounts.


  1. subcontract, Multi-award contracts

  2. Multi-award contracts, subcontract

  3. Building service contract, Facilities contract

  4. Professional and consultant services, Transportation term contracts


Answer: A


Financial CGAP Exam (Certified Government Auditing Professional(R) (CGAP)) Detailed Information

CGAP
Certified Government Auditing Professional (CGAP)
Demonstrate Your Government Knowledge and Expertise
The Certified Government Auditing Professional® (CGAP®) certification program is designed especially for auditors working in the public sector at all levels — federal/national, state/provincial, local, quasi-governmental, or crown authority — and is an excellent professional credential that prepares you for the many challenges you face in this demanding environment.
Whether you are seeking a promotion, exploring a position outside your organization, or simply pursuing professional development opportunities to help you tackle increasingly complex responsibilities while preparing for future challenges, an IIA certification can:
Increase your earning potential by up to 40 percent.*
Help you gain credibility and respect in the field.
Enhance your skills and knowledge.
Demonstrate your commitment to the profession.
*According to The IIA’s 2015 Internal Audit Compensation Study, the average salary of internal auditors who hold one or more certifications is 35 percent higher than that of peers with no certifications (based on U.S. responses).
ACGA – The Premier Resource for Public Sector Auditors
Public sector auditors have unique needs. From budget constraints to political and public pressures, government auditors face a variety of challenges every day. To help government auditors overcome those challenges, The IIA’s American Center for Government Auditing (ACGA) provides timely and relevant resources including:
ACGAIndustry News
Guidance and Resources
Networking Opportunities
Thought Leadership and Research
Training and Career Development
Coming Soon! Canadian Public Sector Audit Center
Six Steps to Certification
If you need help getting started, refer to the six steps to certification an internal auditor should review when making the decision to become certified in the profession.
Quick Links
CGAP Eligibility Requirements
CGAP Exam Syllabus
Sample Exam Questions
CPE Requirements for CGAPs
CGAP Exam Preparation Resources
Certified Government Auditing Professional® (CGAP®) Eligibility Requirements
By applying to become a candidate in the CGAP program, an individual agrees to accept the conditions of the program. These include eligibility requirements, exam confidentiality, Code of Ethics, Continuing Professional Education (CPE), and any other conditions enacted by The IIA's Professional Certification Board (PCB).
Requirements
CGAP candidates must meet the following eligibility requirements. Before a candidate application can be approved, ALL documentation (proof of education, character reference, and identification) must be received and approved by The IIA’s Certification staff.
Education
CGAP candidates must hold a 3- or 4-year post-secondary degree (or higher). For further details please, refer to the Certification Candidate Handbook.
Important change to the Education Requirement for the CGAP: The Global Board of Directors has approved an alternate path to eligibility for the CGAP for those candidates who do not possess a Bachelor’s degree from an accredited university.
Candidates may now become eligible for the CGAP, subject to approval, who possess:
Two years post-secondary education and five years verified experience in internal audit or its equivalent, OR
Seven years verified experience in internal audit or its equivalent.
Download the Certification Education Requirement Exceptions FAQ and Application
Once you have completed the form, please access the Certification Document Upload Portal and upload your form(s) there. (Submit the document type as Educational)
Character Reference
The candidate must exhibit high moral and professional character and submit a completed Character Reference Form signed by a CIA, CGAP, CCSA, CFSA, CRMA, or the candidate's supervisor.
Character Reference Form
Once you have completed the form, please access the Certification Document Upload Portal and upload your form(s) there. (Submit the document type as Character Reference.)
Work Experience
The candidate must acquire two years of auditing experience in a government environment (federal, state/provincial, local, quasi-governmental areas, authority/crown corporation). A completed Experience Verification Form is required. Candidates may apply to the program and sit for the exam prior to satisfying the professional experience requirement, but will not be certified until all program requirements have been met.
Experience Verification Form
Once you have completed the form, please access the Certification Document Upload Portal and upload your form(s) there. (Submit the document type as Professional Experience.)
Proof of Identification
Candidates must provide proof of identification in the form of a copy of the candidate’s official passport or national identity card. These must indicate current status; expired documents will not be accepted. All documents must be scanned and uploaded through the Document Upload Portal in a manner that ensures the photo is clearly legible.
Once you have completed the form, please access the Certification Document Upload Portal and upload your form(s) there. (Submit the document type as Other.)
Eligibility Period
Effective November 2010, the certification program’s eligibility requires candidates to complete the program certification process within four years of application approval. If a candidate has not completed the certification process within four years, all fees and exam parts will be forfeited.
Confidentiality
The CGAP certification exam is a non-disclosed exam. Candidates agree to keep the contents of the CGAP exam confidential and therefore may not discuss the specific exam content with anyone except The IIA's Certification Department. Unauthorized disclosure of exam material will be considered a breach of the Code of Ethics and could result in disqualification of the candidate or other appropriate censure.
Code of Ethics
CGAP candidates agree to abide by the Code of Ethics established by The IIA.
Continuing Professional Education
Upon certification, CGAPs are required to maintain their knowledge and skills and stay abreast of improvements and current developments in the government auditing by satisfying CPE requirements.
Certified Government Auditing Professional® (CGAP®) Exam Syllabus
The CGAP exam includes 115 multiple-choice questions, covers four domains, and requires a completion time of two hours and fifty-five minutes. The exam includes questions on International Organization of Supreme Audit Institutions (INTOSAI) Government Auditing Standards. Candidates who registered to take the exam in the United States will receive a local version with questions on U.S. Generally Accepted Government Auditing Standards (GAGAS/Yellow Book).
P = Candidates must exhibit proficiency (thorough understanding; ability to apply concepts) in these topic areas.
A = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.
Standards tested on the CGAP exam:
The IIA's International Professional Practices Framework (IPPF) (P) (Includes the Code of Ethics, International Standards for the Professional Practice of Internal Auditing (Standards), Practice Advisories, and Development and Practice Aids)
INTOSAI Standards and Code of Ethics (A)
Additional standards tested on the CGAP exam for candidates taking the exam in the United States:
Generally Accepted Government Auditing Standards (GAGAS/Yellow Book) (P)
Exam Non-disclosure
The CGAP exam is a non-disclosed examination, which means that current exam questions and answers will not be published or divulged.
NOTE: Exam topics and/or format are subject to change as approved by The IIA's Professional Certification Board (PCB).
CGAP Exam Domains
The CGAP exam core content covers four domains:
Domain I: Standards, Governance, and Risk/Control Frameworks (10-20 percent)
Domain II: Government Auditing Practice (35-45 percent)
Domain III: Government Auditing Skills and Techniques (20-25 percent)
Domain IV: Government Auditing Environment (20-25 percent)
Certified Government Audit Professional® (CGAP®) Exam Review Courses
A variety of independent third-party providers offer CGAP exam review courses.
CGAP Review Courses
NOTE: Inclusion of a review course on The IIA's website does not imply endorsement. The IIA is not responsible for errors or inaccurate information included in this listing. The data is claimed to be accurate as reported by the providers.
Information for Review Course Providers
If review course providers want their course included on The IIA's website, The IIA will include it as long as no serious complaints are received about the provider/course from the local IIA Institute.
When a non-IIA-Institute review course provider is added to The IIA's website, The IIA will notify the certifications chairperson at the nearest IIA Institute(s) and ask the chairperson to contact The IIA if they know of a reason the provider should be excluded from the list.
If the non-IIA-Institute review course provider has courses located in certifications agreement countries, The IIA will not list these courses on The IIA's website except at the request of the certifications agreement country. We will notify the review course provider to contact the certifications coordinator in the certifications agreement country.
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He gave me killexams.coms cope with and informed me that turned into all I wished with the intention to make sure that I clean my CGAP exam and that too with suitable marks. I took his recommendation and signed up and I am so satisfied that I did it in view that my CGAP exam went tremendous and I passed with correct score. It become like a dream come real so thanks. Certified Government Auditing Professional(R) (CGAP) certification inner auditor: career course and skills | CGAP Real Questions and VCE Practice Test inside auditors are employed by public and private companies, nonprofit businesses and executive organizations in any respect levels. They function as independent agents inside an organization. they are tasked with presenting purpose opinions of inner controls, chance management efforts and governance techniques. Many inside auditors appear into essentially each nook of a company, evaluating operational efficiency, the reliability of monetary reporting, tips safety controls and compliance with criminal and regulatory specifications. Detecting, investigating and deterring all types of fraud within a company is a further key function of the internal auditor. Most internal auditors have the authority to access and investigate all areas of a firm. In a publicly traded enterprise, inner auditors customarily document to the audit committee of the business's board of directors, thereby holding independence from the enterprise's management structure. This allows free and objective reporting of fraud and operational complications even with the events worried, guaranteeing the issues are addressed and adjustments are applied to enhance the company. inner Auditing career path while many inner auditors start in entry-degree positions immediately after finishing their bachelor's degrees, others acquire positions after gaining knowledgeable event working in exterior audit establishments or in accounting. With a number of years of adventure, junior inside auditors can advance to greater senior positions, coping with advanced audit assignments from the planning ranges via to the remaining reporting degrees. Senior inside auditors might also supervise and lead audit teams to complete audit projects. correct performers in big inside audit departments can stream into managerial roles directing the actions of the department, supervising department efficiency and communicating audit effects to the imperative authorities in the firm. educational skills An entry-level interior auditor place commonly requires as a minimum a bachelor's diploma, preferably in a company self-discipline such as accounting, finance, management, public administration or desktop assistance techniques. Some organizations may also are seeking out entry-level job candidates with degrees in engineering or different technical subjects concerning the company's operations. Senior positions in the box usually require bachelor's degrees and substantial professional event in inside auditing. while a graduate diploma is not always required for advancement in the box, a grasp's in company Administration (MBA) or yet another principal subject can supply a crucial abilities within the job market, chiefly for leadership positions in internal audit departments. different qualifications there are many professional certifications central to internal auditors. Some positions in the container require job candidates to grasp one or greater certifications, whereas other jobs checklist certifications as preferences in preference to necessities. both most crucial certifications in the container are the licensed interior Auditor (CIA) designation and the licensed Public Accountant (CPA) designation. The CIA designation, which is awarded through the Institute of internal Auditors, is the preeminent professional certification in the container. it is frequently considered a qualification for advancement to greater senior internal auditor positions. Certification candidates ought to either have bachelor's levels and two years of qualifying work experience or a combined seven years of post-secondary schooling and qualifying work journey. A candidate with a master's diploma is eligible for certification with one year of qualifying work adventure. Eligible candidates must flow a certification examination. The CPA designation, which is awarded by way of the American Institute of licensed Public Accountants, is essentially the most vital expert credential in the public accounting box. while certification requirements range a little bit from state to state, candidates have to usually comprehensive an academic software in accounting and a total of a hundred and fifty semester hours of qualifying classes in accounting, enterprise and universal training themes. while a grasp's degree is not required, many candidates take at the least some graduate lessons to comprehensive the educational requirements. The CPA designation additionally requires a passing ranking on the Uniform CPA Examination. other professional certifications important to many positions within the field consist of the certified assistance techniques Auditor (CISA) designation, the licensed Fraud Examiner (CFE) designation and the certified executive Auditing skilled (CGAP) designation. 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