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AGA CGFM Exam - Topic 3 Question 13 Discussion

Posted by Van on Jun 27, 2022 at 12:56 PM

The auditor(s) should:

I- Adequately plan the work and properly supervise assistants

II- Properly study internal accounting controls to determine their reliability

These points are the part of

Suggested Answer: B

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11 comments · newest first
WE
Wenona 11 months ago
It's all about the internal controls, for sure!
NE
Nelida 11 months ago
Wait, are both points really part of the same category?
BE
Bev 12 months ago
Totally agree, planning is key!
CA
Carry 12 months ago
I thought it was General Standards?
CH
Chanel 12 months ago
Definitely Field work Standards!
JE
Jeffrey 1 year ago
I’m a bit confused. I thought internal controls were more related to general standards, but planning seems to fit field work.
LI
Lisbeth 1 year ago
I feel like this question is similar to one we practiced about the standards for auditors. I think it might be field work standards too.
JU
Julieta 1 year ago
I think I remember that planning and supervision are part of the field work standards, but I'm not entirely sure.
DA
Dahlia 1 year ago
I recall that both planning and studying internal controls are crucial for field work, so I would lean towards option B.
BO
Bok 1 year ago
I think the key here is that the question is asking about practices the RTE can recommend, not just practices the RTE should do themselves. Based on that, I'm leaning towards C as the best answer.
RE
Reuben 1 year ago
I'm a bit unsure about this one. The table shows some resources, but I'm not sure how that relates to the initiatives and policies I can add in Azure Security Center. I'll need to review the Azure Security Center documentation to make sure I understand this properly.
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