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 CIMAPRA19-F01-1 Topic 3 Question 103 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 103
Topic #: 3
[All CIMAPRA19-F01-1 Questions]

Which of the following is NOT a primary need for regulating financial reporting information of incorporated entities?

Show Suggested Answer Hide Answer
Suggested Answer: D

by Kati at Nov 17, 2024, 08:08 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-F01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Jules
1 months ago
Personally, I think option A is the correct answer. Improving the reliability of information is the bread and butter of financial reporting regulations.
upvoted 0 times
Kathrine
2 days ago
I see your point, but I still think option A is the best choice.
upvoted 0 times
...
Makeda
4 days ago
I think it's actually option D, ensuring legal consistency is crucial.
upvoted 0 times
...
Eladia
25 days ago
I agree, option A makes the most sense.
upvoted 0 times
...
...
Hortencia
1 months ago
I'm not sure, but I think D is correct too.
upvoted 0 times
...
Cristal
2 months ago
I agree with Alease, D makes sense because it's about legal form.
upvoted 0 times
...
Dalene
2 months ago
Haha, option D is like saying 'We need to make sure the information is actually information.' That's a good one!
upvoted 0 times
Eden
13 days ago
Haha, option D is like saying 'We need to make sure the information is actually information.' That's a good one!
upvoted 0 times
...
Valda
26 days ago
C) To make information more comparable.
upvoted 0 times
...
Kiley
1 months ago
B) To make information more consistent.
upvoted 0 times
...
Derrick
1 months ago
A) To improve the reliability of information for users.
upvoted 0 times
...
...
Dustin
2 months ago
I'm going with B. Making information more consistent is key, but the other options seem more like the primary goals of financial reporting regulations.
upvoted 0 times
Aja
26 days ago
I'm not sure about D. A seems like a good option too, improving the reliability of information for users is essential.
upvoted 0 times
...
Frederica
1 months ago
I agree with you. D seems like the most important goal for regulating financial reporting information.
upvoted 0 times
...
Kati
1 months ago
I think D is the correct answer. Ensuring that information is consistent with its legal form is crucial for financial reporting.
upvoted 0 times
...
...
Alease
2 months ago
I think the answer is D.
upvoted 0 times
...
Yuette
2 months ago
Option D seems like the odd one out here. I mean, why would we need to ensure information is consistent with its legal form? Isn't that a given?
upvoted 0 times
Louis
29 days ago
D) To ensure that information is consistent with its legal form.
upvoted 0 times
...
Tricia
1 months ago
C) To make information more comparable.
upvoted 0 times
...
Annamaria
1 months ago
B) To make information more consistent.
upvoted 0 times
...
Mollie
2 months ago
A) To improve the reliability of information for users.
upvoted 0 times
...
...

Save Cancel