WAOM_Session 3

1. 1. The element of an AOM that refers to the action, inaction or inadequacy of action of management or its employees as measured against applicable criteria.

• 1. a. Criteria

• 1. b. Condition

• 1. c. Cause

• d. Corrective action

1. 2. The element of an AOM that refers to the factor that caused a non-conformance and should be permanently eliminated through process improvement.

• 1. a. Criteria

• 1. b. Condition

• 1. c. Cause

• d. Corrective action

1. 3. The element of an AOM that should address the cause and/or effect.

• 1. a. Criteria

• 1. b. Condition

• 1. c. Cause

• d. Corrective action

1. 4. The Republic Act No. 9184 is an example of a criteria under:

• 1. a.       Laws, rules and regulations

• 1. b.       Management goals, policies and guidelines

• 1. c.       Accepted industry practices

• d.       Phil. Public Sector Accounting Standards

1. 5. The Government Accounting Manual issued by COA is related to what specific sources of criteria?

• 1. a.       Contract

• 1. b.       Management goals, policies and guidelines

• 1. c.     Accepted industry practices

• d.       Phil. Public Sector Accounting Standards

1. 6. Which of the following is not an element of AOM?

• 1. a.       Criteria

• 1. b.       Condition

• 1. c.     Commitment

• d.   Consequence/Effect

• e.       Corrective Action or Recommendation

1. 7. The element of an AOM that refers to the appropriate standard/s used by the auditor which may be derived from laws, rules, regulations and/or prescribed policies.

• 1. a.       Criteria

• 1. b.       Condition

• 1. c.     Commitment

• d.   Consequence/Effect

• e.       Corrective Action or Recommendation

1. 8. The element of an AOM that refers to the resulting disadvantage/ effect of the deviation from the criteria or violation.

• 1. a.       Criteria

• 1. b.       Condition

• 1. c.     Commitment

• d.   Consequence/Effect

• e.       Corrective Action or Recommendation

1. 9. The information that helps in the formation of a conclusion or judgment and provides the factual basis for findings.

• 1. a.       Criteria

• 1. b.       Condition

• 1. c.     Evidence

• d.   Consequence/Effect

1. 10. Which of the following is/are sources of audit findings?

• 1. a.       Complaints

• 1. b.       COA Reports

• 1. c.     Interviews and observations

• d.   All of the above