CIMA Exam CIMAPRA17-BA3-1 Topic 4 Question 95 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 95
Topic #: 4

[All CIMAPRA17-BA3-1 Questions]

Which TWO of the following are principles of the Integrated Reporting Framework?

AFocus solely on financial KPIs

BForward-looking

CFor entity's internal use

DRules-based

EReports on governance

Show Suggested Answer

Suggested Answer: B, C

by Marge at Aug 27, 2024, 02:23 AM

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Maurine

4 months ago

I'm not sure about E), but I think C) For entity's internal use is a principle too.

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Bette

4 months ago

B and E are the obvious choices here. Integrated Reporting is about more than just the bottom line.

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Oneida

3 months ago

Focusing solely on financial KPIs would not give a holistic view of the entity.

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Charlette

3 months ago

Definitely, looking forward is important for long-term sustainability.

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Lamar

3 months ago

I agree, integrated reporting should include governance aspects.

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Douglass

4 months ago

B and E are the obvious choices here.

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Lisbeth

4 months ago

I agree with you, Dottie. I also believe E) Reports on governance is another principle.

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Laurene

4 months ago

Haha, D for 'Draconian rules'? No thanks! Give me B and E any day.

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Donette

4 months ago

Definitely not A - who wants a report focused just on numbers? B and E are the way to go.

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Harley

4 months ago

Forward-looking and reports on governance are definitely important principles to include.

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Annmarie

4 months ago

I agree, focusing solely on financial KPIs is not the way to go.

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Wenona

5 months ago

I'm going with B and E too. Can't forget the forward-looking and governance aspects.

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Dottie

5 months ago

I think B) Forward-looking is definitely one of the principles.

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Vivan

5 months ago

B and E for sure! Integrated Reporting is all about the future and good governance.

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Chauncey

4 months ago

It's important to look beyond just financial KPIs and consider governance aspects for a holistic view.

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Chara

4 months ago

Having a forward-looking approach helps in planning for the future of the entity.

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Santos

4 months ago

Reports on governance are important for stakeholders to understand how the entity is being managed.

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Shaquana

4 months ago

Definitely, those two principles are essential for a comprehensive integrated report.

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Camellia

4 months ago

Focusing solely on financial KPIs would not give a holistic view of the entity.

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Sherly

4 months ago

I agree, focusing on the future and governance is key in integrated reporting.

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Mendy

5 months ago

I agree, B and E are definitely key principles of the Integrated Reporting Framework.

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