IASSC Exam ICGB Topic 9 Question 78 Discussion

Actual exam question for IASSC's ICGB exam

Question #: 78
Topic #: 9

[All ICGB Questions]

An employee of ACME Corporation noticed that every loan application that gets approved is copied four times and is stored in different locations in the company for no apparent reason. This would be an example of __________________.

AInternal Failure Costs

BAppraisal Costs

CExternal Failure Costs

DPrevention Costs

Show Suggested Answer

Suggested Answer: D

by Alonzo at Dec 09, 2024, 01:47 AM

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Leota

8 days ago

I agree with Santos, because the company is checking the quality of the approved loans.

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Santos

20 days ago

I think it could be considered as Appraisal Costs.

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Golda

24 days ago

That sounds like a waste of resources.

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