AGA Exam CGFM Topic 1 Question 30 Discussion

Actual exam question for AGA's CGFM exam

Question #: 30
Topic #: 1

[All CGFM Questions]

Under the control environment component of internal control, management should

Ademonstrate a commitment to integrity and ethical values.

Bimplement control activities through policies.

Ccommunicate quality information to achieve the entity's objectives.

Destablish and operate activities to monitor the internal control system.

Show Suggested Answer

Suggested Answer: D

by Ashlyn at Jul 06, 2023, 07:59 AM

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Lashawnda

25 days ago

Hey, at least they didn't ask about the 'control environment' of a kitchen. That would be a whole different kind of internal control!

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Lynna

26 days ago

Wait, did someone say 'recipe for disaster'? I'm getting hungry just thinking about it!

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Phung

6 days ago

C) communicate quality information to achieve the entity's objectives.

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Hester

10 days ago

B) implement control activities through policies.

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Laticia

16 days ago

A) demonstrate a commitment to integrity and ethical values.

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Barney

28 days ago

Hold up, is this a trick question? Of course, Option A is the way to go. Anything less and it's a recipe for disaster!

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Fabiola

4 days ago

Absolutely, integrity and ethical values are crucial for a strong control environment.

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Flo

18 days ago

A) demonstrate a commitment to integrity and ethical values.

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Nydia

1 months ago

Hmm, I was thinking Option B, but now I see Option A makes more sense. Ethical leadership is key.

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Jeannetta

1 months ago

I agree, Option A is the way to go. Gotta set the right tone from the top!

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Viki

19 days ago

Yes, setting the right tone from the top is crucial.

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Renea

23 days ago

Option A) demonstrate a commitment to integrity and ethical values.

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Ines

2 months ago

Integrity and ethical values are the foundation of any strong internal control system. Option A is the correct answer.

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Blythe

4 days ago

D) establish and operate activities to monitor the internal control system.

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Gladys

10 days ago

C) communicate quality information to achieve the entity's objectives.

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Wenona

25 days ago

B) implement control activities through policies.

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Ahmad

2 months ago

A) demonstrate a commitment to integrity and ethical values.

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Daniel

2 months ago

I believe D) establish and operate activities to monitor the internal control system is also important to ensure the controls are working as intended.

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Lelia

2 months ago

I agree with Elroy, because without integrity and ethical values, the control environment would not be effective.

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Elroy

2 months ago

I think the answer is A) demonstrate a commitment to integrity and ethical values.

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Kristofer

2 months ago

I believe the answer is D) establish and operate activities to monitor the internal control system, as monitoring is crucial for ensuring the effectiveness of internal controls.

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Isaiah

2 months ago

I agree with Bette, because without integrity and ethical values, the control environment would not be effective.

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Bette

3 months ago

I think the answer is A) demonstrate a commitment to integrity and ethical values.

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