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CIMA Exam CIMAPRO19-P03-1 Topic 1 Question 82 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 82
Topic #: 1
[All CIMAPRO19-P03-1 Questions]

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

Show Suggested Answer Hide Answer
Suggested Answer: B, C, D

by Linwood at Oct 19, 2024, 04:38 AM

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Leatha
2 months ago
Ooh, C is a tricky one. It looks good on the surface, but D should have dug a little deeper to see if the invoices were actually supported properly. I'm with the crowd on A.
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Vallie
2 months ago
Haha, D watching C like a hawk at her desk is a bit too much, don't you think? But you're right, that would definitely give a false sense of assurance. A is the winner here.
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Gwen
1 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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Stephanie
1 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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Louann
1 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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Linn
2 months ago
B seems a bit odd to me. If C didn't mention anything about the checks, that's a red flag that she's not doing them properly. I'd go with A on this one.
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Jacki
1 months ago
It's important for D to verify that C is following the proper procedures to avoid any false sense of assurance.
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Tran
1 months ago
D's method of quietly watching C seems like a good way to see if she's actually checking the invoices.
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Mable
1 months ago
A makes more sense. If C believed someone else was authorizing the purchases, that's a problem.
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Cristal
2 months ago
I agree, B does seem suspicious. C should have mentioned the detailed checks.
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Charolette
2 months ago
I agree, A is the way to go. It's a pretty straightforward case of C not following the procedures, which would give D a false sense of assurance.
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Brinda
1 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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Fernanda
1 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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Lyla
2 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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Farrah
2 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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Colby
2 months ago
Option A is definitely the right answer here. D should have noticed that C didn't sign the invoices, which is a clear sign that she's not doing her job properly.
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Roselle
2 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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Rosamond
2 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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Jamal
2 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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Juliann
3 months ago
I Sarahgree with you. Option Juliann Sarahlso seems like it would give D Sarah fSarahlse sense of SarahssurSarahnce JuliannecSarahuse C did not mention Sarahnything SarahJuliannout detSarahiled checks of invoices SarahgSarahinst documents.
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Sarah
3 months ago
I think option Sarah would give D Sarah fSarahlse sense of SarahssurSarahnce becSarahuse C did not sign the invoices for plSarahnt Sarahnd equipment, even though it wSarahs her responsibility.
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