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As your reliable cooperation partners, we are responsible for all candidates and we aim to help all of you pass APS exam test and get the IT certification successfully. But if you are unlucky to fail APS exam, we definitely promise that we will give you a full refund to make up for your loss when you give your failed certification to us.In addition, there is another choice for you. If you don't want to have a refund, you can replace with another exam for free. It is up to you, because customer is the first.

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IOFM APS Exam Syllabus Topics:

IOFM Accredited Payables Specialist (APS) Certification Sample Questions:

1. Detective controls do which of the following? I. Establish segregation of duties; II. Look for errors and irregularities; III. Determine if preventive controls are effective.

A) II and III only
B) I and III only
C) I and II only
D) I, II, and III

2. Which of the following describes the possible consequences for anyone engaging in misconduct relating to the Sarbanes-Oxley Act?

A) Criminal penalties
B) Industry blacklisting
C) Community service
D) Corporate dissolution

3. Each of the following is a goal of a vendor management program, EXCEPT:

A) Compliance with laws and regulations
B) Collecting spend information for procurement
C) Streamlining sales and use tax process
D) Reducing duplicate payments

4. Good vendor master file practices include each of the following, EXCEPT:

A) Finding and consolidating duplicate vendors
B) Deleting and re-entering vendors that move
C) Blocking inactive vendors after a certain period
D) Having a vendor verification program

5. Examples of preventive controls include each of the following EXCEPT:

A) Account reconciliation
B) Use of approved vendor lists
C) T&E expenditure guidelines
D) Dollar limits on use of P-card

Solutions: