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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?

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Suggested Answer: D

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

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Jules
2 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.
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Jordan
1 months ago
I'm leaning towards option C, making information more comparable seems important.
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Kathrine
1 months ago
I see your point, but I still think option A is the best choice.
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Makeda
1 months ago
I think it's actually option D, ensuring legal consistency is crucial.
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Eladia
2 months ago
I agree, option A makes the most sense.
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Hortencia
2 months ago
I'm not sure, but I think D is correct too.
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Cristal
3 months ago
I agree with Alease, D makes sense because it's about legal form.
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Dalene
3 months ago
Haha, option D is like saying 'We need to make sure the information is actually information.' That's a good one!
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Eden
1 months ago
Haha, option D is like saying 'We need to make sure the information is actually information.' That's a good one!
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Valda
2 months ago
C) To make information more comparable.
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Kiley
2 months ago
B) To make information more consistent.
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Derrick
2 months ago
A) To improve the reliability of information for users.
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Dustin
3 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.
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Aja
2 months ago
I'm not sure about D. A seems like a good option too, improving the reliability of information for users is essential.
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Frederica
2 months ago
I agree with you. D seems like the most important goal for regulating financial reporting information.
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Kati
2 months ago
I think D is the correct answer. Ensuring that information is consistent with its legal form is crucial for financial reporting.
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Alease
3 months ago
I think the answer is D.
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Yuette
3 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?
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Louis
2 months ago
D) To ensure that information is consistent with its legal form.
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Tricia
2 months ago
C) To make information more comparable.
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Annamaria
2 months ago
B) To make information more consistent.
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Mollie
3 months ago
A) To improve the reliability of information for users.
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