Finance DPro – English

Welcome to the Finance DPro (FMD Pro) Practice / Sample Test.

This test allows you to practice a few questions of a DPro the certification exam. It helps to get into contact with the real exam questions (similar - not same questions). At the end of the practice test, you will be able to check your results and the correct answers.

You will also be invited to take a full practice / sample exam at a platform that has the same design, environment, and features. The full practice is important as it also tests your device for compatibility with the real exam platform.

Important notes:

Questions on this sample exam ARE NOT the same of the actual exam. These questions provide an overall idea of type of questions that you will find in the actual exam.
This is a practice exam - it is not valid as a DPro certification and it does not grant you any certificate or other document.
We recommend that you also take the Sample Exam at the PM4NGOs Sample Exams Platform.

1 / 10

One of the Four Internal Control Actions is ‘Direct’. Which of the following internal control procedures falls into the ‘Direct’ category?

Refresher training on how to request a cash advance

Reconciling the stock records

Developing a code of conduct

Correcting errors in the accounting records

2 / 10

If you were advising a newly established local partner, which of the following items would you recommended as one of the minimum requirements for a strong accounting system?

A cashbook for every bank and cash account

Budget forecast reports for every project

Keeping supporting documents for all expenses over USD50

Funding grids for projects with multiple funders

3 / 10

A locked safe is an example of what type of internal control?

Management control

Physical control

Cash control

Fixed assets control

4 / 10

The central goal of financial control is to:

Protect staff against accusations of theft or fraud

Ensure financial reports are timely, accurate and relevant

Ensure the organization’s financial resources are used for the purpose intended

Prevent bribery and corruption taking place in the organization

5 / 10

Which of the following would alert you to possible fraud?

Use of the office telephone for a personal call

The late return of a cash advance (imprest) report

The project budget monitoring report shows inconsistent results for linked project expense lines

The petty cash box has an 'IOU' note from the Director for USD10

6 / 10

Which of the following losses happened as a result of an unmanaged internal risk?

Receiving fewer grant funds that expected due to major fluctuations on the foreign exchange market

Perishable medicine supplies held up due to a strike by customs' officials

Withdrawal of a funding agreement due to a change in government policy

Laptop computer stolen from the Program Manager's unlocked vehicle

7 / 10

A project requires a motor bike and some computer equipment. What is the best way to treat these few high value assets in the project's Income & Expenditure budget?

They should be included in a separate section of the budget for Capital items

They should be included in the budget as a general contingency

They should not be included in this budget, rather put into a separate Capital budget

They should be included in the budget with the other general project expenses

8 / 10

Which one of the Four Building Blocks of financial management enables an organization to ensure accountability to stakeholders?

Financial Monitoring

Internal Control

Accounting Records

Financial Planning

9 / 10

Which line in the report refers to an outstanding 'commitment' which needs to be taken into consideration when assessing the results? (Refer to the Budget Monitoring Report.)

6030 Training materials

1010 Grant

1060 Training fees

5040 Vehicle running

10 / 10

In an activity-based budget worksheet, what number is put into the ‘Number of Units’ column?

The number of resource items needed as described by the Unit Type

The number of times that a particular resource is needed to fulfil the project activity described

The cost for one unit of the resource item

The number of items of equipment needed

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Finance DPro (FMD Pro)

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