AGA Exam CGFM Topic 3 Question 50 Discussion

Actual exam question for AGA's CGFM exam

Question #: 50
Topic #: 3

[All CGFM Questions]

Which of the following danger sign/s help to detect Auditors' fraud?

ABorrowing small amounts from fellow employees

BPronounced criticism of others, endearing to divert suspicion

CReplying to Questions with unreasonable explanations

DAll of these

Show Suggested Answer

Suggested Answer: D

by Javier at Jul 02, 2024, 05:17 PM

Limited Time Offer

25%

Off

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Remona

8 months ago

As an auditor myself, I can tell you that all of these are big no-nos. If I catch any of my team doing this, they're out the door faster than you can say 'creative accounting'.

upvoted 0 times

Colette

7 months ago

D) All of these

upvoted 0 times

...

Vivan

7 months ago

C) Replying to Questions with unreasonable explanations

upvoted 0 times

...

Brice

7 months ago

B) Pronounced criticism of others, endearing to divert suspicion

upvoted 0 times

...

Vicky

8 months ago

A) Borrowing small amounts from fellow employees

upvoted 0 times

...

Cassandra

8 months ago

D all the way! Trying to cover your tracks on multiple fronts? That's the work of a real pro. Or a really desperate one. Either way, it's the correct answer.

upvoted 0 times

...

Reiko

8 months ago

Hmm, I'm gonna have to go with B. Pronounced criticism of others is just too obvious. Gotta be a bit more subtle if you wanna pull one over on the auditors, am I right?

upvoted 0 times

Mindy

6 months ago

All of these signs can definitely help detect fraud, gotta be careful.

upvoted 0 times

...

Lazaro

6 months ago

Definitely, subtlety is key when trying to deceive auditors.

upvoted 0 times

...

Cassie

6 months ago

I agree, being too obvious is a red flag.

upvoted 0 times

...

Selma

6 months ago

All of these signs are important to watch out for, but being too obvious can definitely backfire.

upvoted 0 times

...

Gayla

7 months ago

Definitely, subtlety is key when trying to deceive auditors.

upvoted 0 times

...

Mickie

7 months ago

I agree, being too obvious is a red flag.

upvoted 0 times

...

Margurite

8 months ago

Wow, borrowing small amounts from fellow employees? That's a bold move! I'd go with C. Replying to questions with unreasonable explanations sounds like a dead giveaway to me.

upvoted 0 times

...

Stacey

8 months ago

I think the answer is D. All of these danger signs can help detect auditor's fraud. Unreasonable explanations and criticizing others to divert suspicion are classic red flags.

upvoted 0 times

Martin

8 months ago

Yes, replying to questions with unreasonable explanations is definitely a red flag.

upvoted 0 times

...

Brice

8 months ago

I agree, borrowing small amounts from fellow employees can also be a sign of fraud.

upvoted 0 times

...

Maybelle

8 months ago

I think all of these danger signs can help detect Auditors' fraud, as they all indicate potential deceptive behavior.

upvoted 0 times

...

Natalya

9 months ago

I believe replying to questions with unreasonable explanations is also a red flag for Auditors' fraud.

upvoted 0 times

...

Jestine

9 months ago

I agree with Hyman, but I also think pronounced criticism of others to divert suspicion is another important danger sign.

upvoted 0 times

...

Hyman

9 months ago

I think the danger signs that help detect Auditors' fraud are borrowing small amounts from fellow employees.

upvoted 0 times

...