CIMA Exam CIMAPRA19-E01-1 Topic 6 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam

Question #: 87
Topic #: 6

[All CIMAPRA19-E01-1 Questions]

WhichTWOof the following tasks isassociated with a Finance Department's Management Accounting section?

AProviding management with decision making information

BPreparing investment appraisals

CCorporate governance compliance within the organisation

DArranging for the financing of plans made

EDealing with tax administration

FVerifying systems of control

Show Suggested Answer

Suggested Answer: A

by Hillary at May 12, 2024, 06:55 PM

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Salena

4 days ago

This seems like a straightforward management accounting question. I'll start by identifying the key tasks associated with that function, then select the two that best fit.

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Yolando

6 days ago

This feels tricky. Each option seems like a valid risk management technique except... wait, storing duplicate files actually IS a risk elimination method. I'm confused.

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Tasia

7 days ago

I feel pretty confident about this one. The external FTP site and the directory structure seem like the main things to consider based on the question.

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Ardella

15 days ago

This question seems straightforward, but I want to make sure I understand the details correctly before answering.

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Giovanna

15 days ago

I'm pretty confident about this one. I think the correct answer is C - Local resources, then same rack, then any machine.

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Vinnie

16 days ago

I'm pretty sure it's inventory and equipment. Those are tangible assets that are easier to steal compared to things like interest.

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Von

5 months ago

I'm going to go with C and F - corporate governance and control verification. Because who doesn't love a little creative interpretation on these exams, eh?

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Rebeca

3 months ago

Definitely, it's important to have strong systems in place for compliance and verification.

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Dominga

3 months ago

I agree, those tasks are crucial for ensuring proper governance and control within the organization.

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Jesusa

3 months ago

I think C and F are the correct tasks associated with the Finance Department's Management Accounting section.

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Billye

3 months ago

F) Verifying systems of control

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Ocie

3 months ago

E) Dealing with tax administration

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Melina

3 months ago

D) Arranging for the financing of plans made

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Chauncey

3 months ago

C) Corporate governance compliance within the organisation

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Johnson

3 months ago

B) Preparing investment appraisals

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Stephanie

3 months ago

A) Providing management with decision making information

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Edmond

5 months ago

Come on, this is easy! B and D, of course. Financing plans and investment appraisals are like the bread and butter of management accounting.

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Jillian

5 months ago

Definitely B and E. Tax administration is a key part of the finance department's responsibilities, and investment appraisals are a core management accounting function.

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Louann

4 months ago

Tax administration and investment appraisals are definitely key responsibilities that the Finance Department's Management Accounting section handles.

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Kimbery

4 months ago

Absolutely, those two tasks play a significant role in providing decision-making information and ensuring financial stability.

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Gary

4 months ago

I agree, tax administration and investment appraisals are crucial tasks for the Finance Department's Management Accounting section.

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Alberta

6 months ago

I'm going with A and B. Providing decision-making information and preparing investment appraisals are classic management accounting tasks.

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Georgene

5 months ago

I think A and D are also important tasks for the Management Accounting section. Providing decision-making information and arranging financing go hand in hand.

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