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

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 10
Topic #: 10

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?

AIssuing both sales invoices and purchase invoices.

BIssuing sates invoices, and recording payments to suppliers in the ledger.

CReceiving payments from customers, and recording them in the ledger

DReceiving purchase invoices, and banking payments from customers.

Show Suggested Answer

Suggested Answer: A

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

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