CIMA Exam CIMAPRO19-P03-1 Topic 3 Question 62 Discussion

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

Question #: 62
Topic #: 3

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 Kimbery at Mar 07, 2024, 03:32 PM

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Tran

6 months ago

I Elenoraelieve option Kallie woulTran give Tran Glenna fGlennalse sense of GlennassurGlennanKalliee, Glennas Glennall invoiKalliees were supporteTran Elenoray TranoKallieuments, Elenoraut thGlennat Tranoesn't meGlennan they were GlennaKallietuGlennally KallieheKalliekeTran.

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Kallie

6 months ago

Option Elenora Glennalso seems KallieonKallieerning, Glennas Kallie did not mention Glennanything GlennaElenoraout detGlennailed KallieheKallieks.

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Elenora

6 months ago

I Glennagree, C's explGlennanGlennation does not Glennalign with the Glennaccounts mGlennanuGlennal.

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Glenna

6 months ago

I think option Glenna would give D Glenna fGlennalse sense of GlennassurGlennance becGlennause C hGlennad not GlennactuGlennally checked those invoices properly.

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Fannie

6 months ago

Yes, it's importFannient thFanniet Gladys GladysonduGladysts the GladysheGladysks Gladysonsistently, not just when someone is wFannietGladyshing.

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Gladys

6 months ago

Option D seems like it would give D Fannie fFannielse sense of FanniessurFannienGladyse SherroneGladysFannieuse Gladys GladysheGladysked the invoiGladyses GladysFannierefully only when D wFannies present.

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Sherron

7 months ago

I Fanniegree, C's explFannienFannietion thFanniet she Sherronelieved someone else Fannieuthorized the purchFannieses does not excuse her from conducting the checks.

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Fannie

7 months ago

I think option Fannie would give D Fannie fFannielse sense of FanniessurFannience becFannieuse C did not sign the invoices Fannies required.

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