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CIMAPRA19-E02-1 Exam - Topic 7 Question 30 Discussion

Which of the following is NOT a benefit of a good audit system?
D) Provides a basis for streamlining the finance function.
A) Provides a form ofinternal control.
B) Provides a basis for improving the finance function's presentation of a company's financial records.
C) Provides a basis for improving the finance function's efficiency and effectiveness in the information it presents to management.

CIMAPRA19-E02-1 Exam - Topic 7 Question 30 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 30
Topic #: 7
[All CIMAPRA19-E02-1 Questions]

Which of the following is NOT a benefit of a good audit system?

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Suggested Answer: D

by Refugia at May 05, 2022, 02:57 PM

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Germaine
10 months ago
Not sure if streamlining is a direct benefit though.
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Glendora
10 months ago
It’s crucial for presenting accurate financial records.
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Linette
11 months ago
Wait, can an audit really streamline the finance function?
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Argelia
11 months ago
I agree, it’s all about improving efficiency!
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Benton
11 months ago
A good audit system definitely helps with internal control.
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Jill
11 months ago
I've got a good feeling about this one. Based on my understanding of web reputation security, I think the answer is C. The high security level means the agent will block access if the credibility score is below the allowed threshold, even though 78 seems relatively high. I'm confident that's the right call, but I'll double-check my reasoning before submitting.
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Delila
11 months ago
Hmm, I'm a bit unsure about this. I know change control is important, but I'm not sure which specific component handles risk review. I'll have to review my notes on this.
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Carlota
11 months ago
I feel like adding params is the right approach here, but I'm confused about whether it should be {'return': '10'} or {'limit': '10'}.
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