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exam questions and answers true pass a+ cdfm module 1 What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER-Separation of Power What give Congress the authority to make laws? - ANSWER- Article 1, Section 8 of the Co$19.99
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Business Organizational Architecture Chapter 14 In
Business Organizational Architecture Chapter 14 In
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exam questions and answers true pass a+ cdfm module 1 What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER-Separation of Power What give Congress the authority to make laws? - ANSWER- Article 1, Section 8 of the Co
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Business Organizational Architecture Chapter 14 In
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Business Organizational Architecture Chapter 14 In
exam questions and answers true
pass a+ cdfm module 1
What prevents Congress and the President from unilaterally making
laws and treaties? - ANSWER-Separation of Power
What give Congress the authority to make laws? - ANSWER-
Article 1, Section 8 of the Constitution
exam questions and answers true
pass a+ cdfm module 1
What prevents Congress and the President from unilaterally making
laws and treaties? - ✔✔ANSWER✔✔-Separation of Power
What give Congress the authority to make laws? - ✔✔ANSWER✔✔-
Article 1, Section 8 of the Constitution
Who reviews the constitution for interpretation of the constitution? -
✔✔ANSWER✔✔-Supreme Court
Who has the power to raise taxes given in Article 1 of the Constitution?
- ✔✔ANSWER✔✔-Congress (Legislative Branch)
INTERNAL CONTROL OBJECTIVES - ✔✔ANSWER✔✔-EFFECTIVENESS
AND EFFICIENCY OF OPERATIONS INCLUDING THE USE OF THE ENTITY'S
RESOURCES, RELIABILITY OF FINANCIAL REPORTING INCLUDING
,REPORTS ON BUDGET EXECUTION FINANCIAL STATEMENTS ,
COMPLIANCE WITH APPLICATION LAWS AND REGULATIONS
CONTROL ACTIVITIES - ✔✔ANSWER✔✔-HELP ENSURE THAT ACTIONS
ARE TAKEN TO ADDRESS RISKS EXAMPLES OF CONTROL; SEPARATION OF
DUTIES, PERIODIC PASSWORD CHANGES, ACCESS TO AND
ACCOUNTABILITY OF RESOURCES, RESTRICTING DATA ACCESS
RE PORTABLE CONDITION - ✔✔ANSWER✔✔-A CONTROL DEFICIENCY
MANAGEMENT JUDGEMENT REPRESENTS SIGNIFICANT DEFICIENCIES IN
THE DESIGN AND OPERATION OF INTERNAL CONTROL THAT COULD
ADVERSELY AFFECT THE ORGANIZATION
MATERIAL WEAKNESS - ✔✔ANSWER✔✔-AGENCY HEAD DETERMINES
TO BE SIGNIFICANT ENOUGH TO BE REPORTED IN THE ANNUAL FMFIA
ASSURANCE STATEMENT AND COULD CAUSE MISSION FAILIURE
NON FINANCIAL MATERIAL WEAKNESS - ✔✔ANSWER✔✔-PERSONNEL
RESOURCING, QUALIFICATIONS AND TRAINING, IT , PERSONAL
SECURITY INVESTIGATIONS, CONTRACTING, CERTAIN DCAA AUDITS,
INTERNAL CONTROLS OVER CONTINGENCY CONTRACTING
MATERIAL WEAKNESS INTERNAL CONTROL DEFICIENCIES -
✔✔ANSWER✔✔-MORE THAN A REMOTE LIKELIHOOD THAT A
MATERIAL MISSTATEMENT OF THE FINANCIAL STATEMENTS OR OTHER
,SIGNIFICANT FINANCIAL REPORTS WILL NOT BE PREVENTED OR
DETECTED
GENERAL STATEMENT OF ASSURANCE WILL INCLUDE - ✔✔ANSWER✔✔-
REASONABLE ASSURANCE THAT THE AGENCIES CONTROLS ARE
ACHIEVING THEIR INTENDED RESULTS, SUMMARY OF MATERIAL
WEAKNESSES AND NON CONFORMANCES , AND SUMMARY OF
CORRECTIVE ACTION PLAN
STATEMENTS OF REASONABLE ASSURANCE REPRESENT -
✔✔ANSWER✔✔-AGENCY'S HEADS INFORMED JUDGEMENT AS TO THE
OVERALL ADEQUACY AND EFFECTIVENESS OF INTERNAL CONTROL
WITHIN THE AGENCY
STATEMENTS OF ASSURANCE CAN BE - ✔✔ANSWER✔✔-UNQUALIFIED
STATEMENT OF ASSURANCE, QUALIFIED, OR NOT STATEMENT OF
ASSURANCE
DOD INSTRUCTION 5010.40 - ✔✔ANSWER✔✔-PROVIDES THE FULL
SCOPE OF MANAGEMENT RESPONSIBILITY FOR INTERNAL CONTROL
ASSESSABLE UNIT SHOULD BE - ✔✔ANSWER✔✔-SUBDIVISION OF AN
ORGANIZATION THAT ENSURES A REASONABLE LEVEL OF INTERNAL
CONTROL TO ALLOW FOR ADEQUATE CONTROL ANALYSIS
, ANNUAL STATEMENT OF ASSURANCE SUBMITTED TO SECDEF SHOULD
INCLUDE WHAT ELEMENTS - ✔✔ANSWER✔✔-COVER MEMORANDUM,
DESCRIPTION OF EVALUATION, STATEMENT ABOUT UNCORRECTED
MATERIAL WEAKNESS, SPECIFIC PLANS AND SCHEDULES TO CORRECT
MATERIAL WEAKNESS, A STATEMENT ON NON MATERIAL WEAKNESS.
CORRECTED MATERIAL WEAKNESS WILL INCLUDE MILESTONE , A
VALIDATION MILESTONE THAT EVALUATES EFFECTIVENESS
BENEFITS OF INTERNAL CONTROL - ✔✔ANSWER✔✔-COMPRISES THE
PLANS, METHODS, AND PROCEDURES USED TO MEET MISSIONS,
GOALS, AND OBJECTIVES AND, IN DOING SO, SUPPORTS PERFORMANCE
BASED MANAGEMENT
ASSESSABLE UNIT - ✔✔ANSWER✔✔-ANY ORGANIZATION,
FUNCTIONAL, PROGRAMMATIC, OR OTHER APPLICABLE SUBDIVISION
CAPABLE OF BEING EVALUATED BY MANAGEMENT CONTROL
ASSESSMENT PROCEDURES.
GAO STANDARDS FOR INTERNAL CONTROL - ✔✔ANSWER✔✔-FIVE GAO
STANDARDS DEFINE THE MINIMUM LEVEL OF QUALITY ACCEPTABLE IN
GOVERNMENT AND PROVIDE THE BASIS AGAINST WHICH INTERNAL
CONTROL IS TO BE EVALUATED
MATERIAL WEAKNESS - ✔✔ANSWER✔✔-SPECIFIC INSTANCES OF
NONCOMPLIANCE WITH 31 USC 3512 OF SUCH SUFFICIENT
IMPORTANCE TO WARRANT REPORTING OF THE REPORTABLE
CONDITION TO THE NEXT HIGHER LEVEL OF MANAGEMENT
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