關(guān)于2015年CMA考試還有其他問(wèn)題?別怕,高頓網(wǎng)校小編在這里為你量身定做“CMA考試常見(jiàn)問(wèn)題解析”,一定讓你了解地清清楚楚。點(diǎn)擊查看詳情>>
  2015年CMA考試Essay題 P1考點(diǎn)詳解,高頓邀請(qǐng)廣大考生看過(guò)來(lái),供您閱讀參考!
  一. Essay 1
  Background: A firm has only one salesperson, who’s in charge of setting the credit term, billing and collecting the returned parts. All returned parts are not entered into the account, and are recognized as other revenues when these returned parts are sold.
  1.  Identify the objectives of internal control
  1.effectiveness and efficiency of operations
  2.reliability of financial reporting
  3.compliance with applicable laws and regulation
  4.safeguarding of assets
  2.  Identify and explain 4 Weaknesses in internal control concerning segregation of duties
  1.salesperson shouldn’t have the authority of setting the credit terms,where he can give the customer credit terms discretionarily.
  2.the salesperson shouldn’t bill and collect the returned parts,which violate the segregation of duty of authority and custody.
  3.the sales person shouldn’t be responsible for accounting,which violate the principle of segregating the authority job and record keeping job
  4.the sales person shouldn’t be responsible for collecting the returned parts and the accounting job,Because when less returned goods recorded than actually happened ,it is difficult to detect
  3. Identify and explain segregation of duties
  segregation of duties involves assigning different employees to perform functions such that an employee acting alone is prevented from committing an error or concealing a fraud in the normal course of his duties.
  there are four types of responsibilities should be segregated:
  1.the authority to execute transactions.
  2.record keeping of the transactions
  3.custody of the assets affected by the transactions.
  4.periodic reconciliation of the existing assets to recorded amounts.
  4.  Identify the conflicts the accountant faced according to the Standard Code of Ethics. The proper course of actions.(one accountant 發(fā)現(xiàn)這些不妥,要怎樣反饋給老板)
  It conflicts with the standard of “disclose delays or deficiencies in information timeliness,processing,or internal controls” and “recognize and communicate professional limitations that preclude responsible judgment”
  Actions:
  1.set the internal control system .
  2.set the internal audit system .
  3.optimize the control environment.
  高頓網(wǎng)校小編為您介紹美國(guó)各所大學(xué):美國(guó)大學(xué)
  美國(guó)大學(xué)(American University),創(chuàng)校于公元1893年,簡(jiǎn)稱AU,為一所擁有百年歷史的私立四年制全球性大學(xué),美國(guó)大學(xué)American University師資陣容堅(jiān)強(qiáng),教學(xué)嚴(yán)謹(jǐn)。美國(guó)大學(xué)全美排名第75位(2014年*7排名),同時(shí)也被評(píng)為最劃算的大學(xué)之一。美國(guó)大學(xué)的華盛頓法學(xué)院,商學(xué)院、人文學(xué)院、傳媒學(xué)院都在美國(guó)享有盛譽(yù)。

關(guān)注公眾號(hào)
報(bào)考咨詢 專業(yè)師資
考前資料下載
CMA顧問(wèn)
125
精彩推薦相關(guān)問(wèn)題
  • 據(jù)最新公司法為何持有公司發(fā)行股份5%前五名股東單位任職人員不能擔(dān)任?

    63題E選項(xiàng)為何不選?。〕钟泄景l(fā)行股份5%前五名股東單位任職人員不能擔(dān)任,10%已經(jīng)大于5%不是應(yīng)該能擔(dān)任嗎?如果不能擔(dān)任,范圍是多少

  • 非貨幣性資產(chǎn)交換:雙方的入賬價(jià)值和差額怎么確認(rèn)?

    老師:可以分別和我說(shuō)一下: 1.非貨幣性資產(chǎn)交換:雙方的入賬價(jià)值和差額怎么確認(rèn)嗎 2.債務(wù)重組的:雙方入賬價(jià)值和差額分別怎么確認(rèn) 3.長(zhǎng)期股權(quán)投資:初始投資成本,初始入賬價(jià)值 這幾個(gè)概念經(jīng)常弄暈

  • 據(jù)最新公司法,允許參與員工持股計(jì)劃的通常包括哪些人員?

    77題C選項(xiàng)不是應(yīng)該1%,為什么C正確

  • 據(jù)最新公司法為何持有公司發(fā)行股份5%前五名股東單位任職人員不能擔(dān)任?

    63題E選項(xiàng)為何不選?。〕钟泄景l(fā)行股份5%前五名股東單位任職人員不能擔(dān)任,10%已經(jīng)大于5%不是應(yīng)該能擔(dān)任嗎?如果不能擔(dān)任,范圍是多少

  • 非貨幣性資產(chǎn)交換:雙方的入賬價(jià)值和差額怎么確認(rèn)?

    老師:可以分別和我說(shuō)一下: 1.非貨幣性資產(chǎn)交換:雙方的入賬價(jià)值和差額怎么確認(rèn)嗎 2.債務(wù)重組的:雙方入賬價(jià)值和差額分別怎么確認(rèn) 3.長(zhǎng)期股權(quán)投資:初始投資成本,初始入賬價(jià)值 這幾個(gè)概念經(jīng)常弄暈

  • 據(jù)最新公司法,允許參與員工持股計(jì)劃的通常包括哪些人員?

    77題C選項(xiàng)不是應(yīng)該1%,為什么C正確