Certified Management Accountant Practice Exam 2025 – The Comprehensive All-in-One Guide to Exam Success!

Complementary controls are specifically designed to collaborate with other controls in an organization's risk management strategy. Their purpose is to enhance the overall effectiveness of the control system by ensuring that various controls operate synergistically. This collaborative approach helps reduce risks to an acceptable level by filling in gaps that might exist if controls were applied in isolation.

For instance, if one control is weak in a particular area, complementary controls can address that weakness, thereby strengthening the overall risk management framework. This is essential for organizations seeking to mitigate risk comprehensively rather than relying solely on a single control mechanism.

The other options do not accurately reflect the nature of complementary controls. Some may propose that controls work independently; however, it is through their interconnectedness that comprehensive risk management is achieved. Furthermore, while financial risks are important, complementary controls are intended to address a wider variety of risks, not just financial ones. Lastly, the idea that complementary controls could replace all primary controls is misleading, as they are meant to enhance rather than substitute for existing controls.