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CIMAPRA17-BA3-1 Exam - Topic 1 Question 27 Discussion

Which ONE of the following statements is true?
A) It is the responsibility of the internal auditors to detect fraud
B) It is the responsibility of the external auditors to detect fraud
C) It is the responsibility of the management to detect fraud
D) It is the responsibility of the shareholders to detect fraud

CIMAPRA17-BA3-1 Exam - Topic 1 Question 27 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 27
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

Which ONE of the following statements is true?

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Suggested Answer: A

by Norah at May 05, 2022, 02:22 AM

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Leota
9 months ago
I always thought shareholders had some responsibility too!
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Lashanda
9 months ago
External auditors mainly focus on financial statements, not fraud detection.
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Youlanda
9 months ago
Wait, are we sure about that? I thought auditors had a role too.
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Jacquline
9 months ago
Totally agree, it's on management to keep things in check.
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Blythe
9 months ago
Management is usually responsible for fraud detection.
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Mariko
10 months ago
Okay, I've got this! The key here is to minimize cost, and the question states that the network traffic volume is low. So I think option D is the way to go - create a single serverless VPC access connector and configure the serverless services to use it. That way, I don't have to set up multiple connectors, which could be more expensive.
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Hassie
10 months ago
Okay, I think I've got this. The key is that Andrea is trying to protect the business data in case there's an interruption in internet access, which would make the cloud-based service inaccessible. That's why option A is the right answer.
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Vanda
10 months ago
I'm a bit confused by the wording of this question. What's the difference between "group objects" and "combine objects"? They sound similar to me. I'll have to review my notes on dashboard formatting before answering this one.
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