CIMA P3 Exam With Confidence Using Practice Dumps

D reviewed a sample of invoices for purchases of plant and equipment and found that C had not signed them C explained that she believed that those were authonsed by someone else although the accounts manual indicates that it was her responsibility

asked C a series of open-ended questions about the operation of the purchases system She did not mention anything about detailed checks of invoices against documents

D examined a sample of invoices to make sure that they had been signed by C AH had been signed

selected a sample of purchase invoices and compared each to the supporting documents that C is supposed to review Every one of D's invoices was supported by the related documents

D worked at a spare desk in the accounts department and quietly watched C without telling her She checked every invoice carefully while D was present

Do nothing, this is a good cause and the amount is insignificant.

Instigate disciplinary action, this is both theft and poor management.

Instigate a confidential, but documented, review with the Production Manager and tell him to stop.

Instigate a review of the production process to potentially reduce the amount of wastage.

Instigate a process whereby edible but unsellable items can be given to the charity officially.

Investing in projects with the shortest payback period.

Investing in projects with positive net present value.

Investing in projects with the greatest level of risk.

Not paying a dividend for several years in order to invest in new projects.