Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

AGA CGFM Exam - Topic 1 Question 30 Discussion

Under the control environment component of internal control, management should
D) establish and operate activities to monitor the internal control system.
A) demonstrate a commitment to integrity and ethical values.
B) implement control activities through policies.
C) communicate quality information to achieve the entity's objectives.

AGA CGFM Exam - Topic 1 Question 30 Discussion

Actual exam question for AGA's CGFM exam
Question #: 30
Topic #: 1
[All CGFM Questions]

Under the control environment component of internal control, management should

Show Suggested Answer Hide Answer
Suggested Answer: D

by Ashlyn at Jul 06, 2023, 07:59 AM

Limited Time Offer

25%

Off

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Marva
8 months ago
C is essential too; without good info, how can we succeed?
upvoted 0 times
...
Deonna
8 months ago
Wait, can management really enforce ethics? Seems tricky.
upvoted 0 times
...
Meghann
8 months ago
Absolutely agree with A! Integrity is key.
upvoted 0 times
...
Michel
8 months ago
I think B is just as crucial. Policies set the tone.
upvoted 0 times
...
Tonja
9 months ago
A is definitely the most important!
upvoted 0 times
...
Bernardine
9 months ago
I recall that control activities are more about policies, so I’m hesitant about A. Maybe B is a better fit?
upvoted 0 times
...
Kaitlyn
9 months ago
I’m a bit confused because I feel like all the options relate to internal control, but I think A is the most critical for the control environment.
upvoted 0 times
...
Laquita
9 months ago
I remember a practice question that emphasized the importance of ethical values in management, so A seems like the right choice here.
upvoted 0 times
...
Arminda
9 months ago
I think the control environment is really about the tone at the top, so I’m leaning towards A, but I’m not entirely sure.
upvoted 0 times
...
Derrick
9 months ago
Okay, I got this. The SYN/ACK means the other host has acknowledged the initial SYN request, so the session is now established. The answer is C.
upvoted 0 times
...
Elmer
9 months ago
Hmm, I'm a bit confused on this one. Responsive, Refactored, Reactive - they all sound like they could work. I'll need to think this through carefully.
upvoted 0 times
...
Jina
10 months ago
Hmm, I'm a bit unsure about the difference between a "material weakness" and an "adverse condition" here. I'll need to review my notes on audit report types to make sure I select the right option.
upvoted 0 times
...
Lashawnda
1 year ago
Hey, at least they didn't ask about the 'control environment' of a kitchen. That would be a whole different kind of internal control!
upvoted 0 times
...
Lynna
1 year ago
Wait, did someone say 'recipe for disaster'? I'm getting hungry just thinking about it!
upvoted 0 times
Phung
1 year ago
C) communicate quality information to achieve the entity's objectives.
upvoted 0 times
...
Hester
1 year ago
B) implement control activities through policies.
upvoted 0 times
...
Laticia
1 year ago
A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
...
Barney
1 year ago
Hold up, is this a trick question? Of course, Option A is the way to go. Anything less and it's a recipe for disaster!
upvoted 0 times
Earleen
1 year ago
Yes, monitoring the internal control system is also important to ensure effectiveness.
upvoted 0 times
...
Josefa
1 year ago
D) establish and operate activities to monitor the internal control system.
upvoted 0 times
...
Fabiola
1 year ago
Absolutely, integrity and ethical values are crucial for a strong control environment.
upvoted 0 times
...
Flo
1 year ago
A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
...
Nydia
1 year ago
Hmm, I was thinking Option B, but now I see Option A makes more sense. Ethical leadership is key.
upvoted 0 times
...
Jeannetta
1 year ago
I agree, Option A is the way to go. Gotta set the right tone from the top!
upvoted 0 times
Lelia
1 year ago
Absolutely, it's important for management to lead by example.
upvoted 0 times
...
Viki
1 year ago
Yes, setting the right tone from the top is crucial.
upvoted 0 times
...
Renea
1 year ago
Option A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
...
Ines
1 year ago
Integrity and ethical values are the foundation of any strong internal control system. Option A is the correct answer.
upvoted 0 times
Aleta
1 year ago
D) establish and operate activities to monitor the internal control system.
upvoted 0 times
...
Beth
1 year ago
C) communicate quality information to achieve the entity's objectives.
upvoted 0 times
...
Wilda
1 year ago
B) implement control activities through policies.
upvoted 0 times
...
Paz
1 year ago
A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
Blythe
1 year ago
D) establish and operate activities to monitor the internal control system.
upvoted 0 times
...
Gladys
1 year ago
C) communicate quality information to achieve the entity's objectives.
upvoted 0 times
...
Wenona
1 year ago
B) implement control activities through policies.
upvoted 0 times
...
Ahmad
1 year ago
A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
...
Daniel
1 year ago
I believe D) establish and operate activities to monitor the internal control system is also important to ensure the controls are working as intended.
upvoted 0 times
...
Lelia
1 year ago
I agree with Elroy, because without integrity and ethical values, the control environment would not be effective.
upvoted 0 times
...
Elroy
1 year ago
I think the answer is A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...
Kristofer
1 year ago
I believe the answer is D) establish and operate activities to monitor the internal control system, as monitoring is crucial for ensuring the effectiveness of internal controls.
upvoted 0 times
...
Isaiah
1 year ago
I agree with Bette, because without integrity and ethical values, the control environment would not be effective.
upvoted 0 times
...
Bette
1 year ago
I think the answer is A) demonstrate a commitment to integrity and ethical values.
upvoted 0 times
...

Save Cancel