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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Ines

4 days ago

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

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Daniel

7 days 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

8 days ago

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

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Elroy

10 days ago

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

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Kristofer

12 days 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

13 days ago

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

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Bette

25 days ago

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

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