AGA
GFMC
Q1:
The first step in investment management is to
○
A
ensure all employees understand their investment options.○
B
develop a consensus among managers of the investment objectives.○
C
develop an investment policy manual.○
D
establish criteria for divesting.
AGA
GFMC
Q2:
How may a city parks and recreation director meaningfully assess the performance of the department's grounds maintenance division?
○
A
use a single measure of citizen satisfaction with parks and recreation○
B
evaluate funds spent on grounds maintenance○
C
analyze grounds maintenance staffing levels○
D
compare cost per acre maintained to cost per acre maintained in another jurisdiction
AGA
GFMC
Q3:
When reviewing a report on internal control from a shared service provider that noted a weakness, the agency
should
○
A
consider the existence of compensating or mitigating controls.○
B
ask the service provider to correct the weakness.○
C
dismiss the weakness.○
D
refer the weakness to the Contracting Officer.
AGA
GFMC
Q4:
A local government is reviewing the performance of a contractor that is collecting trash for the county. Performance can be measured based upon the cost
○
A
per mile travelled.○
B
per ton of trash collected.○
C
comparison with closest comparable jurisdiction.○
D
per employee.
AGA
GFMC
Q5:
A key element in coputer-assisted audit techniques is
○
A
writing the system audit program.○
B
verifying internal controls.○
C
obtaining appropriate data.○
D
purchasing data mining software.