IIA Exam IIA-CGAP Topic 8 Question 93 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 93
Topic #: 8

[All IIA-CGAP Questions]

All of the following are the examples of Cash/Accounts Receivable Red Flags please choose the correct option:

AEmployee lifestyle changes: expensive cars, jewelry, homes, clothes.

BBehavioral changes: may be indication of drug, alcohol, or gambling problem.

CNone of the above.

DAll of the above.

Show Suggested Answer

Suggested Answer: C

by Kati at Nov 17, 2024, 11:49 PM

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Franchesca

3 days ago

C) None of the above? Really? I think the examiner is trying to trick us with that one.

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Celeste

4 days ago

B) Behavioral changes can be a big clue. You know what they say, 'Look for the smoke, there might be a fire.'

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Leota

5 days ago

I'm not sure, but I think it's important to consider all the red flags mentioned in the options to ensure financial stability.

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Kassandra

6 days ago

I agree with Keena, because all those examples could indicate potential issues with cash or accounts receivable.

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Keena

16 days ago

I think the answer is D) All of the above.

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Cornell

21 days ago

D) All of the above. Definitely the right answer. These are all classic red flags for potential misappropriation of cash or accounts receivable.

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Flo

5 days ago

A) Employee lifestyle changes: expensive cars, jewelry, homes, clothes.

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