CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 72 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 72
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

In order for the information in a management accounting report to be authoritative its contents must be:

Atrusted and from reliable sources.

Bcomplete and reported in a timely manner.

Ccomplete and relevant.

Dboth financial and non-financial.

Show Suggested Answer

Suggested Answer: C

by Elfriede at May 29, 2024, 03:59 AM

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Elvis

5 months ago

Hmm, this is a tough one. I'll have to go with the classic 'all of the above' approach. Can't go wrong with that, right?

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Britt

5 months ago

I'm torn between B and C, but I'll go with C. Completeness and relevance are the most important factors.

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Cassandra

6 months ago

I'm going with D. Both financial and non-financial data are important for a comprehensive management report.

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Sherell

4 months ago

I think C is also important, the information needs to be complete and relevant for it to be authoritative.

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Clarinda

5 months ago

I agree, having both financial and non-financial data gives a more holistic view of the organization.

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Coral

6 months ago

Definitely B. Timeliness is key in management accounting reports. You need the information when you need it, not later.

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7 months ago

I think the information must be trusted and from reliable sources.

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