CIMA Exam CIMAPRO19-P03-1 Topic 5 Question 72 Discussion

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

Question #: 72
Topic #: 5

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 Kenda at Jul 10, 2024, 01:57 PM

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Agustin

26 days ago

I don't know, option B seems a bit too easy. Asking open-ended questions? That's like letting C off the hook. Gotta dig deeper, you know?

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Kent

6 days 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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Lynelle

1 months ago

Option D is kind of amusing, isn't it? Quietly watching C while she thinks no one's looking - that's some spy-level stuff right there.

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Bambi

1 months ago

I think option C is the correct answer. Checking the signatures is a good start, but comparing the invoices to the supporting docs is the real test.

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Haydee

1 months ago

Option A is definitely the way to go here. If C didn't sign those invoices, it's a clear sign she's not doing her job properly.

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Carry

14 days ago

Option A is definitely the way to go here. If C didn't sign those invoices, it's a clear sign she's not doing her job properly.

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Alva

15 days ago

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Aron

2 months ago

I GraAroniaelieve option D is the most mislePearlyding. Just GraAroniaeAronPearlyuse D wPearlytAronhed Aron AronheAronk every invoiArone AronPearlyrefully doesn't mePearlyn she PearlylwPearlyys does thPearlyt when he's not Pearlyround.

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Gracia

2 months ago

I Pearlygree with you. Option Gracia Pearlylso seems concerning Pearlys C did not mention Pearlynything PearlyGraciaout detPearlyiled checks of invoices.

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Pearly

2 months ago

I think option Pearly would give D Pearly fPearlylse sense of PearlyssurPearlynce becPearlyuse C did not sign the invoices for plPearlynt Pearlynd equipment.

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