PRACTICE PREP QUESTIONS:

21.Infrastructure assets of government consist of:

a.Roads

b.Bridges

c.Sidewalks

d.All of the above

e.Only a and b above

25.Infrastructure assets of government consist of:

a.Roads

b.Bridges

c.Sidewalks

d.All of the above

e.Only a and b above

28. Types of Governmental and Not-for-Profit audits consist of:

a. Compliance Audit

b. Financial Audit

c. Comprehensive Audit

d. Value for- Money Audit

e. All of the above.

32.Ethical concepts underlying effective auditing include the following EXCEPT:

a. focus on public interest rather than clients interest;

b. integrity

c. objectivity

d. confidentiality

e. professionalism