CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 87 Discussion

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

Question #: 87
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 Mitsue at Dec 05, 2024, 07:06 AM

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Margarett

17 days ago

I think it could also be B) complete and reported in a timely manner, so that decisions can be made promptly.

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Renea

18 days ago

Option D is the way to go. Gotta have that sweet, sweet financial and non-financial data to make the big bucks, am I right?

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Jordan

18 days ago

I believe it's C) complete and relevant, because the information should be useful for decision-making.

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Josue

19 days ago

I agree with Wava, the information needs to be trustworthy.

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Junita

19 days ago

This is a tough one, but I reckon C is the best choice. You can't have an authoritative report without completeness and relevance.

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Margot

2 days ago

I agree, C does make sense. The information needs to be complete and relevant for it to be authoritative.

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Wava

25 days ago

I think the answer is A) trusted and from reliable sources.

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Abraham

25 days ago

Hmm, I'm torn between C and D. I think the report should cover both financial and non-financial data for it to be truly authoritative.

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Erick

29 days ago

I'd go with B. Timeliness is crucial in management accounting, otherwise the information becomes irrelevant.

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Merrilee

9 days ago

But don't you think the information also needs to be complete to be authoritative?

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William

12 days ago

Yes, having complete and timely information is key for making informed decisions.

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Tammy

13 days ago

I agree, timeliness is definitely important in management accounting.

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Asuncion

14 days ago

I agree, timeliness is definitely important in management accounting.

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Sherill

1 months ago

Option C is clearly the right answer. Management accounting reports need to be comprehensive and pertinent to the decision-making process.

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Suzi

2 days ago

Complete and relevant information is key for management accounting reports.

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Broderick

13 days ago

It's important for the information to be useful for decision-making.

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Paz

20 days ago

Yes, management accounting reports should be complete and relevant.

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Benedict

26 days ago

I agree, option C is definitely the correct answer.

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