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AGA Exam CGFM Topic 3 Question 32 Discussion

Actual exam question for AGA's CGFM exam
Question #: 32
Topic #: 3
[All CGFM Questions]

A variable that would influence management's decision to hire contractors to perform management control

evaluations is

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Suggested Answer: D

by Portia at Aug 10, 2023, 02:39 AM

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Pansy
18 days ago
C) suspicion of internal fraud. Sounds like a job for the Fraud Busters! *cue superhero music*
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Hoa
19 days ago
Hmm, I'd have to go with B. Availability of qualified contractors. Seems like the most practical consideration for management.
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Bulah
20 days ago
A) lack of management expertise is an interesting choice. Sometimes you just need a fresh set of eyes, you know?
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Lucy
2 days ago
A) lack of management expertise can be a valid reason to hire contractors.
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Shaniqua
29 days ago
D) knowledge of systemic deficiencies makes the most sense to me. If they know there are issues with the control system, they'd want to bring in experts to assess it.
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Darci
1 days ago
D) knowledge of systemic deficiencies.
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Orville
19 days ago
B) availability of qualified contractors.
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Fredric
20 days ago
A) lack of management expertise.
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Yuette
1 months ago
I'd go with C) suspicion of internal fraud. Management would definitely want to bring in outside help if they suspect something shady going on internally.
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Layla
8 days ago
C) suspicion of internal fraud.
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Blondell
2 months ago
B) availability of qualified contractors seems like the most logical option here. You need to have the right resources to perform those evaluations effectively.
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Devorah
1 months ago
B) availability of qualified contractors.
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Pamela
1 months ago
A) lack of management expertise.
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Malcolm
2 months ago
But what about option D) knowledge of systemic deficiencies? Wouldn't that also be important for management to consider?
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Graham
2 months ago
I agree with Daron. Having qualified contractors available is crucial for effective management control evaluations.
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Daron
2 months ago
I think the answer is B) availability of qualified contractors.
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