Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMA Exam CIMAPRA17-BA2-1 Topic 4 Question 79 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam
Question #: 79
Topic #: 4
[All CIMAPRA17-BA2-1 Questions]

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

Show Suggested Answer Hide Answer
Suggested Answer: C

by Emmanuel at Sep 09, 2024, 04:16 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel
Hillary
6 months ago
I see your point, Krystina. It's crucial for the information to be both reliable and relevant for it to be authoritative.
upvoted 0 times
...
Eladia
6 months ago
Ha, this question is a real humdinger! I'm going to have to go with option C. Completeness and relevance are the name of the game. Anything less and the bean counters will have a field day!
upvoted 0 times
...
Hortencia
6 months ago
Ooh, tricky one! I'm going to go with option B. Timeliness is so important in management accounting. If the report isn't delivered on time, it's pretty much useless, right?
upvoted 0 times
Audria
5 months ago
So, we all agree that the management accounting report needs to be complete, relevant, and timely.
upvoted 0 times
...
Barb
5 months ago
Yes, that's true. It's important to have all the necessary information in a timely manner.
upvoted 0 times
...
Bo
5 months ago
But don't you think the information also needs to be complete and relevant?
upvoted 0 times
...
Jaclyn
5 months ago
Yes, I think it's a combination of timeliness, completeness, and relevance for the report to be authoritative.
upvoted 0 times
...
Alexis
5 months ago
But don't you think the information also needs to be complete and relevant?
upvoted 0 times
...
Lili
5 months ago
I agree, timeliness is key in management accounting.
upvoted 0 times
...
Vivienne
6 months ago
I agree, timeliness is key in management accounting.
upvoted 0 times
...
...
Krystina
6 months ago
But isn't it also important for the information to be relevant? I think the answer is C) complete and relevant.
upvoted 0 times
...
Tasia
6 months ago
Hmm, I think the key here is that the information has to be trustworthy and from reliable sources. Financial and non-financial data are great, but if it can't be trusted, what's the point? Option A for me.
upvoted 0 times
Jacki
5 months ago
Definitely, having timely and complete data can make a big difference in management decisions.
upvoted 0 times
...
Graciela
6 months ago
Complete and relevant information is also important for making informed decisions.
upvoted 0 times
...
Miriam
6 months ago
Yes, without trust and reliability, the information loses its value.
upvoted 0 times
...
Carmelina
6 months ago
Yes, without that, the data is essentially useless.
upvoted 0 times
...
Melissa
6 months ago
I agree, trustworthy and reliable sources are crucial for authoritative information.
upvoted 0 times
...
Carin
6 months ago
I agree, trustworthy and reliable sources are essential for authoritative information.
upvoted 0 times
...
...
Catalina
7 months ago
I agree with Lettie, the information needs to be trustworthy.
upvoted 0 times
...
Lettie
7 months ago
I think the answer is A) trusted and from reliable sources.
upvoted 0 times
...
Maryann
7 months ago
Well, the report needs to be both complete and relevant, so I'm going with option C. Anything less just won't cut it in the world of management accounting.
upvoted 0 times
Kasandra
6 months ago
Yeah, option C is definitely the best choice for ensuring the report is valuable in management accounting.
upvoted 0 times
...
Valentin
6 months ago
I agree, the information in the report has to be both complete and relevant to be authoritative.
upvoted 0 times
...
...

Save Cancel