CIMA Exam CIMAPRO19-P03-1 Topic 5 Question 37 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam

Question #: 37
Topic #: 5

Laura is an accounts clerk. She issupposed to sign each invoice as evidence that she has conducted checks against supporting documents.Sometimes Laura signs invoices without making these checks.

Terry is a member of the internal audit team. Terry has been told to conduct compliance tests on whether Laura is checking the invoices properly.

Which of the following would give Terry a false sense of assurance that Laura's checks have been operating?

ATerry examined a sample of invoices to make sure that they had been signed by Laura. All had been signed.

BTerry worked at a spare desk in the accounts department and quietly watched Laura without telling her. She checked every invoice carefully while Terry was present.

CTerry selected a sample of purchase invoices and compared each to the supporting documents that Laura is supposed to review. Every one of Terry's invoices was supported by the related documents.

DTerry asked Laura 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.

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

Show Suggested Answer

Suggested Answer: A, B, D

by Gwenn at Aug 18, 2022, 07:15 PM

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Deandrea

2 days ago

I agree with you, Cordell. Laura might have checked the invoices only because Terry was watching.

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Cordell

6 days ago

I think option B would give Terry a false sense of assurance.

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