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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Lashon

2 months ago

I'm with Alida on this one. Performance audit all the way! Although, I do wonder if they considered strapping the families to a treadmill to measure their 'community involvement.' Just a thought.

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Nu

26 days ago

Haha, strapping families to a treadmill might be a bit extreme for measuring community involvement!

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Arleen

29 days ago

I agree, a performance audit would be the most appropriate for this type of review.

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Venita

1 months ago

I think a performance audit was used to review the pilot program.

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Ceola

2 months 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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Vinnie

1 months ago

Haha, a magic 8-ball would have been interesting, but I think a performance audit was the more practical choice.

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Elvis

2 months ago

Yeah, a performance audit was definitely the way to go for reviewing the pilot program.

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Alida

2 months 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

2 months 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

2 months 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

2 months 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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