Exam P3 Topic 1 Question 185 Discussion

Actual exam question for CIMA's P3 exam
Question #: 185
Topic #: 1
GUJ A small but rapidly expanding company has recently opened several branches in locations far away from the Head Office. All of the branches are relatively small with no one branch accounting for more than 5% of turnover. Management has decided that the company is not yet large enough to install an Internal Audit function but is, nonetheless, concerned about maintaining adequate control and monitoring at the branches whilst allowing Branch Managers the opportunity to react to local circumstances as appropriate.
Which of the following measures would assist Head Office management in maintaining appropriate monitoring and control at the branches?

Suggested Answer: A,B,D Vote an answer

by Tobias at May 19, 2025, 03:16 AM

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