GFOA CPFO Exam - Topic 4 Question 129 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 129
Topic #: 4

[All CPFO Questions]

Internal controls are the primary responsibility of:

Athe financial systems.

Binternal auditors.

Cmanagement.

Dexternal auditors.

Show Suggested Answer

Suggested Answer: C

by Leonor at Jul 01, 2026, 04:42 AM

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Vallie

Agreed, management has the ultimate responsibility.

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Providencia

5 days ago

I think it's definitely C) management. They set the tone.

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Rutha

10 days ago

I thought external auditors had more responsibility in this area.

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Sabra

15 days ago

Totally agree with C) management! They have the final say.

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Marion

21 days ago

Wait, are we sure it's not A) the financial systems?

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Harrison

26 days ago

I think B) internal auditors play a big role too.

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Kati

1 month ago

Definitely C) management. They set the tone!

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Timmy

1 month ago

I feel like this question is similar to one we did in class about the roles of different stakeholders in financial reporting. Management definitely seems like the right answer.

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Frederica

1 month ago

I’m a bit confused because I thought internal auditors had a significant role in evaluating controls, but I guess they’re not the primary responsible party?

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Angelica

2 months ago

I remember a practice question where it emphasized that management sets the tone for internal controls, so I’m leaning towards option C.

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Becky

2 months ago

I think internal controls are mainly the responsibility of management, but I'm not entirely sure if auditors play a bigger role.

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