CIMA Exam CIMAPRA19-P03-1 Topic 1 Question 60 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 60
Topic #: 1

Rio owns an architects business which employs 12 skilled architects and four administrative staff.

TheOfficeManagerhas just attended a workshop on internal controls and the way in which they can improve organisations. He intends to implement some internal controls as soon as possible.

What are the limitations of an internal control system in Rio's business?

AInternal controls are only suitable for large businesses.

BEmployees could ignore the internal controls.

CIf Rio does not support the internal control system then the controls may not be adhered to.

DInternal controls may slow down the speed with which the architects can respond to enquiries.

EInternal controls will usually mean hiring more staff.

Show Suggested Answer

Suggested Answer: A, B, C

by Lonna at Oct 18, 2024, 04:12 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-P03-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Pete

8 days ago

That's true, but if Rio doesn't support the controls, they may not be effective anyway.

upvoted 0 times

...

Dortha

9 days ago

But without internal controls, employees could ignore important procedures.

upvoted 0 times

...

Glendora

10 days ago

I think internal controls may slow down the architects' response time.

upvoted 0 times

...