AGA Exam CGFM Topic 1 Question 46 Discussion

Actual exam question for AGA's CGFM exam

Question #: 46
Topic #: 1

[All CGFM Questions]

What is the most fupdamental cash control?

Asegregation of duties

Buse of automated systems

Canalysis of cash reports

Dfrequent reconciliation of bank accounts

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Suggested Answer: A

by Nelida at May 10, 2024, 08:18 AM

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Automated systems? Psh, who needs those when you've got a trusty abacus and a magnifying glass?

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5 days ago

Frequent reconciliation of bank accounts is a must. It's like a financial health check-up for your business.

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8 days ago

Segregation of duties is the backbone of cash control. Keeps those greedy fingers away from the cookie jar!

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17 days ago

I believe frequent reconciliation of bank accounts is also important to ensure accuracy.

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18 days ago

I agree with Pamella. Segregation of duties helps prevent fraud and errors.

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19 days ago

I think the most fundamental cash control is segregation of duties.

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