CIMA Exam CIMAPRA17-BA2-1 Topic 3 Question 92 Discussion

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

Question #: 92
Topic #: 3

[All CIMAPRA17-BA2-1 Questions]

Which TWO of the following are characteristics of Management Accounts? (Choose two.)

AGoverned by rules and regulations

BProvide information to managers

CProvide information needed by shareholders

DInternally focused

EStatutory requirement

Show Suggested Answer

Suggested Answer: B, E

by Abel at Mar 19, 2025, 05:35 PM

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Brinda

4 days ago

I believe B and D are the characteristics of Management Accounts, as they provide information to managers and are internally focused.

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Chara

6 days ago

A and E. Wait, what? Statutory requirement? Since when do management accounts have to follow any rules? I thought they were the Wild West of accounting!

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Lino

7 days ago

B and D. Management accounts are all about providing information to the people who actually run the business, not the general public.

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Gearldine

11 days ago

A and D, definitely. Management accounts are all about helping managers make informed decisions, not satisfying external regulations or shareholders.

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Lauryn

1 days ago

A) Governed by rules and regulations

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Hubert

13 days ago

I agree with Mila, Management Accounts are internally focused and governed by rules and regulations.

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Mila

21 days ago

I think A and D are characteristics of Management Accounts.

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