What is a business related activity that is a "Fundamental comparison of evidence against criteria", and where a variance can result as a finding"?
What is an Audit?
100
An Auditor uses a tool to convey his/her finalized evidence of noncompliance/nonconformity with contract requirements or stated standards. What is that tool?
What is the Audit Report?
100
Its OK to skip an entrance meeting when beginning a provider audit. True or False?
What is False?
100
This future event is tentatively scheduled at the Audit Entrance Meeting?
What is the Audit Exit Meeting?
100
Backup data for the CSC is stored where?
What is in (1) Iron Mountain
(2) the Cloud
200
A Financial review
A Compliance review
An Operational review
What are types of audits?
200
A CSC Funded agency is found to be non compliant with their own human resource leave policy. How is that non compliance reported in the final audit report?
What is as a recommendation?
200
CSC Funded agencies executives and BOD must be given an opportunity to do what during audit entrance meetings?
What is self-disclose any legal, financial, performance, or other issues, ongoing or resolved.
200
During your audit, you discover the agency has severe segregation of duties deficiencies in their cash receipts and banking process. At what forum do you share the results of your analysis of the situation?
What is the Audit Exit Meeting?
200
An agency uses cash type cards to make miscellaneous purchases. What are those cards called?
What are P-cards?
300
AICPA
GAGAS
IIA
OMB
What are audit standards organizations?
300
CSC provides $22 Million in annual funding to the "Children Are our Future Foundation". No contract management of the contract deliverables have been verified for the last 2 funding years. What type and scope of audit must be conducted?
What is a full scope contract compliance audit?
300
An auditor must present what 2 documents - at a bare minimum - at every entrance meeting.
What is an agenda and a participant sign-in sheet?
300
Every CSC audit Exit meeting must be conducted with at least these persons present.
What is the CEO/ED, CFO/Finance Director, and the CSC Auditor?
300
The average time lapse between CSC Funded Agency Audits is?
What is 16-18 Months?
400
These contain evidence of pre planning; scope and methodology; are free from bias; encompass critical consideration of all contract deliverables; and must be approved before the start of an on-site audit visit.
What is the audit plan?
400
CSC provides $22 Million in annual funding to the "Children Are our Future Foundation". No contract management of the contract deliverables have been verified for the last 2 funding years. Your audit results in $1.2 M of Disallowed cost that was preventable - only if contract monitoring was done timely. What type of internal communication must be issued after the audit is finished?
What is and Internal Memorandum?
400
Audit engagements are typically facilitated by the Compliance Auditor. When might the Director of Audit Facilitate an audit entrance?
What is when Fraud is reported, or the Audit is the result of a Whistle blower report?
400
What is the main document used at the audit exit meeting to convey findings and recommendations?
What is the Preliminary Audit Report?
400
Head Start is a:
(1) Social Service
(2) Human Service
(3) Financial Service
(4) Neighborhood Service
What is # 2 [Human Service]
500
You are conducting an audit of wages paid and find the payroll manager and controller both received and cashed 2 paychecks every pay period for 6 months. What type of audit finding do you assign to this discovery?
What is Fraud?
500
Contract Compliance Audits are the last line of defense against fraud or potential fraud committed against Palm Beach County Taxpayers by misuse of funds allocated. True or false?
What is True?
500
What activity signifies the start of the on-site portion of an agency audit?
What is the entrance meeting?
500
You conduct an Audit Exit meeting and the agency ED discloses that the agency will be closing in 3 days. What do you do?
What is contact the Audit Director ASAP?
500
All of the contract related documents generated by a CSC funded program must be maintained for state specified periods of time. Why?
What is - because Florida public records law requires it?