CIMA Exam CIMAPRA19-P03-1 Topic 4 Question 52 Discussion

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

Question #: 52
Topic #: 4

C is an accounts clerKwho is supposed to sign each invoice as evidence that she has conducted checks against supporting documents Sometimes C signs invoices without making these checks

D is a member of the internal audit team He has been told to conduct compliance tests on whether C is checking the invoices property

Which of the following would grve D a false sense of assurance that C's checks have been in operation?

Select ALL that appry

AD reviewed a sample of invoices for purchases of plant and equipment and found that C had not signed them C explained that she believed that those were authonsed by someone else although the accounts manual indicates that it was her responsibility

Basked C a series of open-ended questions about the operation of the purchases system She did not mention anything about detailed checks of invoices against documents

CD examined a sample of invoices to make sure that they had been signed by C AH had been signed
selected a sample of purchase invoices and compared each to the supporting documents that C is supposed to review Every one of D's invoices was supported by the related documents

DD worked at a spare desk in the accounts department and quietly watched C without telling her She checked every invoice carefully while D was present

Show Suggested Answer

Suggested Answer: B, C, D

by Angelo at Aug 05, 2024, 08:00 PM

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Corazon

5 months ago

You know, I bet C is just trying to save time and make the process more efficient. Signing without checking? Sounds like a classic case of 'fake it till you make it!' A and B for me.

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Danilo

5 months ago

This is a classic case of 'trust but verify.' D needs to get a good Eleonoreple size and really examine those invoices. I'd go with A, C, and D.

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Ronald

5 months ago

I think A, C, and D would give D a false sense of assurance.

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Argelia

5 months ago

I agree, D needs to make sure C is actually checking those invoices properly.

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Yuette

5 months ago

Haha, D should've just brought a hidden camera to catch C in the act. That would've been the ultimate compliance test! Definitely A and D for me.

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Julio

5 months ago

I agree, A and D seem like the best options for catching C in the act.

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Lorenza

5 months ago

D should've definitely brought a hidden camera, that would've been interesting!

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Quentin

6 months ago

Option D seems like Kanisha good wKanishay to truly Kanishassess if Quentin is QuentinonduQuentinting QuentinheQuentinks.

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Elliott

6 months ago

Wow, D really needs to dig deeper. C could be covering up some shady practices. I'd go with A, B, and C just to be safe.

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Maryann

5 months ago

C) D examined a sample of invoices to make sure that they had been signed by C AH had been signed

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Georgiana

5 months ago

B) asked C a series of open-ended questions about the operation of the purchases system She did not mention anything about detailed checks of invoices against documents

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Brett

5 months ago

A) D reviewed a sample of invoices for purchases of plant and equipment and found that C had not signed them C explained that she believed that those were authorized by someone else although the accounts manual indicates that it was her responsibility

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Eleonore

6 months ago

Hmm, the fact that C signed the invoices without checking the supporting documents is a big red flag. I'd go with A and B to get a better sense of what's really going on here.

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Salina

5 months ago

D) D worked at a spare desk in the accounts department and quietly watched C without telling her She checked every invoice carefully while D was present

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Salley

5 months ago

C) D examined a sample of invoices to make sure that they had been signed by C AH had been signed

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Oren

5 months ago

B) asked C a series of open-ended questions about the operation of the purchases system She did not mention anything about detailed checks of invoices against documents

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Earlean

6 months ago

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Lajuana

6 months ago

I Kanishagree, C's explKanishanKanishation doesn't Kanishalign with the Kanishaccounts mKanishanuKanishal.

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Kanisha

7 months ago

I think option Kanisha would give D Kanisha fKanishalse sense of KanishassurKanishance.

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