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

AGA CGFM Exam - Topic 3 Question 32 Discussion

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

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

evaluations is

Suggested Answer: D

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
33 comments · newest first
PA
Patti 11 months ago
Wait, are we really considering lack of expertise as a factor?
MA
Mari 11 months ago
Totally agree with D, knowing deficiencies is key!
NE
Nelida 11 months ago
C? Really? I doubt that's the main reason.
RU
Ruthann 11 months ago
A makes sense too, if management lacks expertise, they might hire out.
MA
Martina 12 months ago
Definitely B, you need qualified contractors for sure.
BE
Bettye 12 months ago
Knowledge of systemic deficiencies sounds important, but I wonder if it’s more about immediate needs like fraud suspicion or contractor availability.
IV
Ivette 12 months ago
I feel like lack of management expertise might be a big reason for hiring contractors, but I can't recall if it was the best option in similar questions.
PA
Paulene 1 year ago
I remember a practice question about internal fraud and how it might push management to hire outside help. That seems relevant here too.
BR
Brianne 1 year ago
I think the availability of qualified contractors could really influence the decision, but I'm not entirely sure if that's the main factor.
LA
Lashawn 1 year ago
I'm leaning towards C - after 8:15 AM. The report might need a little time to process the data from the current interval before it's available.
KR
Krissy 1 year ago
Hmm, I'm a bit confused. What exactly is a "flexed budgeted cost"? I'll need to review that concept before I can tackle this.
AF
Afton 1 year ago
This seems tricky, but I'll give it my best shot. I'll need to carefully analyze the data and make sure I'm not missing any important details or steps in the reconciliation process.
AN
Antonio 1 year ago
I think uploading the jabber-config.enc file helps with encryption, but I don't see how it relates to mobile-only configurations.
PA
Pansy 1 year ago
C) suspicion of internal fraud. Sounds like a job for the Fraud Busters! *cue superhero music*
HO
Hoa 1 year ago
Hmm, I'd have to go with B. Availability of qualified contractors. Seems like the most practical consideration for management.
BU
Bulah 1 year ago
A) lack of management expertise is an interesting choice. Sometimes you just need a fresh set of eyes, you know?
LU
Lucina 1 year ago
↳ replying to Bulah
C) suspicion of internal fraud would definitely make management consider hiring contractors.
FA
Fairy 1 year ago
↳ replying to Bulah
B) availability of qualified contractors is crucial for getting the job done.
LU
Lucy 1 year ago
↳ replying to Bulah
A) lack of management expertise can be a valid reason to hire contractors.
SH
Shaniqua 1 year 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.
DA
Darci 1 year ago
↳ replying to Shaniqua
D) knowledge of systemic deficiencies.
OR
Orville 1 year ago
↳ replying to Shaniqua
B) availability of qualified contractors.
FR
Fredric 1 year ago
↳ replying to Shaniqua
A) lack of management expertise.
YU
Yuette 1 year 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.
FR
Francis 1 year ago
↳ replying to Yuette
B) availability of qualified contractors.
YU
Yun 1 year ago
↳ replying to Yuette
A) lack of management expertise.
LA
Layla 1 year ago
↳ replying to Yuette
C) suspicion of internal fraud.
BL
Blondell 2 years 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.
DE
Devorah 1 year ago
↳ replying to Blondell
B) availability of qualified contractors.
PA
Pamela 1 year ago
↳ replying to Blondell
A) lack of management expertise.
MA
Malcolm 2 years ago
But what about option D) knowledge of systemic deficiencies? Wouldn't that also be important for management to consider?
GR
Graham 2 years ago
I agree with Daron. Having qualified contractors available is crucial for effective management control evaluations.
DA
Daron 2 years ago
I think the answer is B) availability of qualified contractors.
0/2000 characters

Save Cancel