CIMA Exam CIMAPRO19-P03-1 Topic 3 Question 51 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam

Question #: 51
Topic #: 3

Rio owns an architects business which employs 12 skilled architects and four administrative staff.

TheOfficeManagerhas just attended a workshop on internal controls and the way in which they can improve organisations. He intends to implement some internal controls as soon as possible.

What are the limitations of an internal control system in Rio's business?

AInternal controls are only suitable for large businesses.

BEmployees could ignore the internal controls.

CIf Rio does not support the internal control system then the controls may not be adhered to.

DInternal controls may slow down the speed with which the architects can respond to enquiries.

EInternal controls will usually mean hiring more staff.

Show Suggested Answer

Suggested Answer: B, C

by Kirk at Jul 04, 2023, 05:13 AM

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17 days ago

I think internal controls are important for any business.

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