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

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA2-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Margarett

2 months ago

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

upvoted 0 times

...

Renea

2 months 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?

upvoted 0 times

...

Jordan

2 months ago

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

upvoted 0 times

...

Josue

2 months ago

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

upvoted 0 times

...

Junita

2 months 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.

upvoted 0 times

Chaya

24 days ago

I see your point, but I still think C is the best choice. Without completeness and relevance, the report won't be authoritative.

upvoted 0 times

...

Juan

27 days ago

I think A is also important. The information must come from trusted and reliable sources to be authoritative.

upvoted 0 times

...

Margot

1 months ago

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

upvoted 0 times

...

Wava

2 months ago

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

upvoted 0 times

...

Abraham

2 months 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.

upvoted 0 times

...

Erick

2 months ago

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

upvoted 0 times

Rashad

26 days ago

So, would you say option B is the best choice then?

upvoted 0 times

...

Daniel

1 months ago

Yes, I think it should be both complete and reported in a timely manner.

upvoted 0 times

...

Merrilee

1 months ago

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

upvoted 0 times

...

William

1 months ago

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

upvoted 0 times

...

Tammy

1 months ago

I agree, timeliness is definitely important in management accounting.

upvoted 0 times

...

Asuncion

1 months ago

I agree, timeliness is definitely important in management accounting.

upvoted 0 times

...

Sherill

2 months ago

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

upvoted 0 times

Suzi

1 months ago

Complete and relevant information is key for management accounting reports.

upvoted 0 times

...

Broderick

1 months ago

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

upvoted 0 times

...

Paz

2 months ago

Yes, management accounting reports should be complete and relevant.

upvoted 0 times

...

Benedict

2 months ago

I agree, option C is definitely the correct answer.

upvoted 0 times

...