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Exam CGFM Topic 1 Question 46 Discussion
AGA Exam CGFM Topic 1 Question 46 Discussion
Actual exam question for AGA's CGFM exam
Question #: 46
Topic #: 1
[All CGFM Questions]
What is the most fupdamental cash control?
A
segregation of duties
B
use of automated systems
C
analysis of cash reports
D
frequent reconciliation of bank accounts
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Suggested Answer:
A
by
Nelida
at
May 10, 2024, 08:18 AM
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Tiffiny
8 days ago
I believe frequent reconciliation of bank accounts is also important to ensure accuracy.
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Shenika
9 days ago
I agree with Pamella. Segregation of duties helps prevent fraud and errors.
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Pamella
10 days ago
I think the most fundamental cash control is segregation of duties.
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Tiffiny
8 days agoShenika
9 days agoPamella
10 days ago