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CIMAPRA17-BA4-1 Exam - Topic 10 Question 10 Discussion

An internal auditor discovered evidence of a fraud earned out by an employee who worked in the accounting department. The auditor concluded that the fraud had been possible because of unsatisfactory segregation of duties in the department.Poor segregation between which of the following duties would provide the best opportunity for this type of fraud to occur?
A) Issuing both sales invoices and purchase invoices.
B) Issuing sates invoices, and recording payments to suppliers in the ledger.
C) Receiving payments from customers, and recording them in the ledger
D) Receiving purchase invoices, and banking payments from customers.

CIMAPRA17-BA4-1 Exam - Topic 10 Question 10 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 10
Topic #: 10
[All CIMAPRA17-BA4-1 Questions]

An internal auditor discovered evidence of a fraud earned out by an employee who worked in the accounting department. The auditor concluded that the fraud had been possible because of unsatisfactory segregation of duties in the department.

Poor segregation between which of the following duties would provide the best opportunity for this type of fraud to occur?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Rozella at May 07, 2022, 12:12 PM

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Adolph
10 months ago
A is about sales and purchases, but C is where the real risk lies!
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Alba
10 months ago
Not sure about D, seems a bit off for fraud opportunities.
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Valentin
11 months ago
Surprised this even happened, how did they not catch it sooner?
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Kris
11 months ago
I think B makes more sense, too many chances to manipulate.
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Jennifer
11 months ago
Definitely C, that combo is a recipe for fraud!
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Kasandra
11 months ago
This is a tricky one. I'm not entirely familiar with the ECE platform, so I'll have to make an educated guess. I'll select TSMS and Courtesy Callback and hope for the best.
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Dante
11 months ago
Hmm, I'm not too familiar with AnalyticDB, so I'll have to think this through. Let me try to recall what I know about its features and capabilities.
upvoted 0 times
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Jimmie
11 months ago
I'm a bit stuck on this one. The wording is throwing me off, and I'm not entirely sure what they're asking. I'll have to re-read it a few times and try to break it down logically.
upvoted 0 times
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