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CIMA Exam CIMAPRA19-F01-1 Topic 4 Question 89 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 89
Topic #: 4
[All CIMAPRA19-F01-1 Questions]

Which of the following is correct?

The primary purpose of a cash budget prepared on a monthly basis is to determine:

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Suggested Answer: D

Contribute your Thoughts:

Eloisa
2 months ago
I agree with Hildred. The primary purpose of a cash budget is to ensure there is enough cash to cover expenses.
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Hildred
2 months ago
I think the correct answer is D) whether there will be sufficient cash in the bank to meet requirements.
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Annabelle
3 months ago
Hold on, is this a trick question? What if the answer is actually E) all of the above? I'm feeling lucky, so I'll go with that!
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Kassandra
3 months ago
B) makes the most sense to me. Knowing how much inventory to purchase is key to managing cash flow effectively.
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Micaela
3 months ago
Hmm, I'll have to go with D). This question is a no-brainer. The cash budget is all about making sure the company doesn't run out of cash, right?
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Alethea
3 months ago
I'm going with C). Paying employees on time is a crucial part of any business, and the cash budget should help with that.
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Alecia
2 months ago
User 3: I'm going with C) as well. It's important to pay employees on time to keep the business running smoothly.
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Vilma
2 months ago
User 2: I agree with Vilma, D) seems like the right answer to me.
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Colton
2 months ago
User 1: I think D) is correct. We need to make sure we have enough cash to meet our requirements.
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Rory
3 months ago
D) seems like the obvious choice here. The cash budget is all about managing cash flows and ensuring there's enough cash to meet the company's obligations.
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Glendora
2 months ago
User 2: Definitely, cash flow is crucial for a business to operate smoothly. Option D is the way to go.
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Leonora
2 months ago
User 1: I agree, option D makes the most sense. It's important to make sure there's enough cash on hand.
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Sophia
2 months ago
D) whether there will be sufficient cash in the bank to meet requirements.
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Deeann
2 months ago
User 2: Definitely, cash flow is crucial for a business to operate smoothly. Option D is the way to go.
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Helaine
2 months ago
User 1: I agree, option D makes the most sense. It's important to make sure there's enough cash on hand.
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Ma
3 months ago
A) next month's sales volumes.
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