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IMANET CMA Exam - Topic 1 Question 13 Discussion

Post-investment audits?
B) Sieve as a control mechanism.
A) Complete a stage in the capital budgeting process.
C) Allow the outcome of a project to be evaluated as soon as possible
D) Deter managers from proposing profitable investments

IMANET CMA Exam - Topic 1 Question 13 Discussion

Actual exam question for IMANET's CMA exam
Question #: 13
Topic #: 1
[All CMA Questions]

Post-investment audits?

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Suggested Answer: B

Post-investment audits should be conducted to serve as a control mechanism and to deter managers from proposing unprofitable investments. Actual-to-expected cash flow comparisons should be made, and unfavorable variances should be explained. Individuals who supplied unrealistic estimates should have to explain Differences.


by Danica at May 08, 2022, 03:50 AM

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Laila
8 months ago
I thought they were more about future planning than just evaluation.
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Mirta
9 months ago
They definitely complete the budgeting process, no doubt!
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Ronnie
9 months ago
Wait, do they really deter managers? That sounds off.
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Sylvia
9 months ago
Totally agree, it's crucial for accountability!
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Stefany
9 months ago
They help assess if the investment met its goals.
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Corinne
9 months ago
I definitely remember that post-investment audits help in decision-making, but I'm not convinced that they deter managers from proposing investments. That seems off.
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Corrie
9 months ago
I feel like option C makes sense because it talks about evaluating outcomes quickly, but I can't recall if that's the main purpose of these audits.
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Merlyn
9 months ago
I think post-investment audits are meant to evaluate the success of a project, but I'm not sure which option fits best.
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Laquita
9 months ago
I remember practicing a question about control mechanisms in capital budgeting. I think option B might be the right choice.
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Wilda
9 months ago
Okay, so it looks like I need to use the getenforce command to check the current mode, and then potentially edit the config file to set it to enforcing. Seems straightforward enough, I'll give it a try.
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Vi
9 months ago
This looks straightforward. I'm pretty confident I know the answer to this based on my understanding of the various cloud providers' firewall features.
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Erick
10 months ago
This question seems straightforward, I'm confident I can identify the three features that are only available with the Blue Prism Application Server.
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