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CIMA Exam CIMAPRA17-BA4-1 Topic 7 Question 105 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 105
Topic #: 7
[All CIMAPRA17-BA4-1 Questions]

A distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest Therefore:

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Suggested Answer: B

by King at Jan 09, 2025, 12:15 AM

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Selma
2 months ago
I'm going with C. Accountants need to be objective and serve the greater good, not just their own self-interest.
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Emile
25 days ago
Yes, it's important for them to prioritize the needs of society as a whole.
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Kip
25 days ago
I agree, accountants have a duty to consider the public interest.
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Kaycee
2 months ago
But what about option B? Shouldn't accountants report fraud to the public to serve the public interest?
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Britt
2 months ago
Ha! Imagine an accountant just deciding to ignore the law because they think it's 'against the public interest'. That's a quick way to end up in jail, if you ask me.
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Clorinda
25 days ago
Ha! Imagine an accountant just deciding to ignore the law because they think it's 'against the public interest'. That's a quick way to end up in jail, if you ask me.
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Louvenia
1 months ago
C) a professional accountant's responsibility is not exclusively to satisfy the needs of an individual client or employer
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Donte
1 months ago
A) the public interest will always be served if an accountant complies with his or her employer's corporate ethical policies
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Anglea
1 months ago
C) a professional accountant's responsibility is not exclusively to satisfy the needs of an individual client or employer
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Sheldon
2 months ago
A) the public interest will always be served if an accountant complies with his or her employer's corporate ethical policies
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Marget
2 months ago
I agree with Krissy. Accountants should prioritize the public interest over individual clients.
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Krissy
2 months ago
I think option C is correct. Accountants have a responsibility to the public, not just their clients.
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Janey
2 months ago
Hmm, D is an interesting choice, but I don't think we should be breaking laws, even if we think they're against the public interest. That could get us in trouble!
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Tamra
2 months ago
I agree, C is the correct answer. We have to prioritize the public interest, not just corporate policies.
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Belen
2 months ago
User 4: Agreed, we can't just focus on individual clients or employers.
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Luis
2 months ago
User 3: Definitely, it's important to remember our responsibility to the public.
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Kip
2 months ago
User 2: I agree, we have to prioritize the public interest.
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Alisha
2 months ago
User 1: I think C is the correct answer.
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Yen
2 months ago
Option C seems like the most reasonable choice. An accountant's responsibility should extend beyond just their client or employer.
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Alyce
2 months ago
It's a key aspect of the profession to prioritize the public interest over individual interests.
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Mendy
2 months ago
Definitely, it's crucial for accountants to consider the broader impact of their actions.
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Ashley
2 months ago
I agree, option C highlights the importance of accountants serving the public interest.
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