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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Lashonda

1 months ago

Segregation of duties is the way to go! Gotta keep those finance folks on their toes, am I right?

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Kimberlie

6 days ago

Using automated systems can also help streamline processes and improve efficiency.

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Avery

10 days ago

I agree, it helps ensure accountability and reduces the risk of errors.

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Jeanice

17 days ago

Segregation of duties is definitely important to prevent fraud.

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Darrin

2 months ago

Analysis of cash reports? Nah, I just stick to counting the pennies in my piggy bank.

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Alverta

4 days ago

A) segregation of duties

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Antonio

5 days ago

Just stick to counting the pennies in my piggy bank.

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Tommy

10 days ago

D) frequent reconciliation of bank accounts

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Ezekiel

23 days ago

C) analysis of cash reports

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Dannette

1 months ago

B) use of automated systems

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Lucy

1 months ago

A) segregation of duties

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Mohammad

2 months ago

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

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Harrison

5 days ago

A) segregation of duties

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Filiberto

8 days ago

Who needs automated systems when you have an abacus and a magnifying glass?

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Joanne

10 days ago

D) frequent reconciliation of bank accounts

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Candra

29 days ago

C) analysis of cash reports

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Paulene

1 months ago

B) use of automated systems

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Christiane

1 months ago

A) segregation of duties

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Jeff

2 months ago

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

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Lemuel

10 days ago

B) use of automated systems

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Lauran

29 days ago

A) segregation of duties

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Nan

2 months ago

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

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Coral

1 months ago

D) frequent reconciliation of bank accounts

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Lezlie

2 months ago

A) segregation of duties

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Tiffiny

2 months ago

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

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Shenika

2 months ago

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

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Pamella

2 months ago

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

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