AGA Exam CGFM Topic 2 Question 45 Discussion

Actual exam question for AGA's CGFM exam

Question #: 45
Topic #: 2

[All CGFM Questions]

A state agency has begun a pilot program with a community action agency for a community-based approach to provide services to underserved areas. A review after the first year compared the number of families served by both agencies and identified efficiencies reached by having community involvement. What type of engagement was used to review the pilot program?

Afinancial audit

Bsingle audit

Cperformance audit

Dattestation

Show Suggested Answer

Suggested Answer: D

by Sang at Apr 29, 2024, 06:08 AM

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Ceola

10 days ago

A performance audit, huh? Well, I guess that makes sense. Though I'm still wondering if they could have used a magic 8-ball to review the program. Just kidding, of course. Performance audit it is.

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Alida

13 days ago

Hold on, I've got this! It's definitely a performance audit. The question is all about evaluating the program's performance and community involvement, not just the finances. Easy peasy!

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Matthew

14 days ago

Hmm, I'm not sure about that. A financial audit or a single audit could also be used to review the pilot program, right? I'm a bit stumped on this one.

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Louvenia

17 days ago

I'm not sure, but I think a financial audit could also be used to review the pilot program.

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Felicitas

18 days ago

I think the correct answer here is C) performance audit. The question mentions reviewing the program's efficiency and effectiveness, which is the focus of a performance audit.

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Carmen

2 days ago

I agree, a performance audit makes sense for reviewing the efficiency of the pilot program.

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Trevor

22 days ago

I agree with Otis, a performance audit makes sense to review the pilot program.

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Otis

24 days ago

I think the type of engagement used was a performance audit.

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