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CGAP : Certified Government Auditing Professional (IIA-CGAP) Exam

Financial CGAP Questions & Answers

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Certified Government Auditing Professional (IIA-CGAP)


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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


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