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AGA Exam CGFM Topic 3 Question 18 Discussion

Actual exam question for AGA's CGFM exam
Question #: 18
Topic #: 3
[All CGFM Questions]

Who is responsible for resolving single audit findings?

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Suggested Answer: D

by Matthew at Oct 16, 2022, 09:18 AM

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Ilona
1 months ago
I'd say the recipient agency is responsible, but they should probably call in the Ghostbusters to help out. Those audit findings can be pretty spooky.
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Dominga
1 months ago
Hmm, this is a tough one. Maybe the audit committee can get the recipient agency and the external auditors to work together on it. It'll be like a bureaucratic dance-off!
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Delsie
5 days ago
D) the external auditors
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Gerald
8 days ago
C) the audit committee
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Paris
9 days ago
B) the recipient agency
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Ozell
15 days ago
A) the awarding agency
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Lanie
1 months ago
The external auditors should be the ones to resolve the findings. They're the ones who conducted the audit, so they should know what needs to be done.
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Kirk
1 months ago
The audit committee should be responsible for resolving the findings. They're the ones who oversee the audit process.
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Antonio
12 days ago
B) the recipient agency
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Sabina
21 days ago
A) the awarding agency
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Buck
2 months ago
I'm going with the recipient agency on this one. They're the ones who need to address any issues found during the audit.
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Beth
3 days ago
I'm pretty sure it's the recipient agency. They have the most direct responsibility for the funds and how they were used.
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Michell
9 days ago
It makes sense that the recipient agency would be the one to address the audit findings. They're the ones who are directly involved.
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Delsie
18 days ago
Yeah, I agree. The recipient agency is the one accountable for resolving any findings from the single audit.
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Daren
20 days ago
I think it's the recipient agency too. They're the ones who received the funds and are responsible for how it was used.
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Stephaine
28 days ago
I'm leaning towards the recipient agency as well. They have the most direct involvement in the audit process.
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Martha
1 months ago
It makes sense that the recipient agency would be responsible. They're the ones who are directly impacted by the audit results.
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Cassie
2 months ago
Yeah, I agree. The recipient agency is ultimately accountable for resolving any findings identified during the audit.
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Afton
2 months ago
I think it's the recipient agency too. They're the ones who received the funding and are responsible for ensuring compliance.
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Christiane
2 months ago
The awarding agency seems like the logical choice since they're the ones who provided the funding in the first place.
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Buddy
1 months ago
B) the recipient agency
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Billi
1 months ago
That makes sense, they would have the most oversight.
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Daryl
2 months ago
A) the awarding agency
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Gilberto
2 months ago
But the external auditors also play a role in resolving single audit findings.
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Howard
2 months ago
I disagree, I believe it's the audit committee.
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Gilberto
3 months ago
I think it's the recipient agency.
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