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CIMA Exam CIMAPRO19-P01-1 Topic 3 Question 106 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 106
Topic #: 3
[All CIMAPRO19-P01-1 Questions]

A flexible budget is a budget that is:

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Suggested Answer: C

References:


by Jennifer at Jan 28, 2025, 03:34 PM

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France
30 days ago
I'm not sure, but I think option D could also be a possibility. Costs can change and the budget should be able to adjust accordingly.
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Tatum
1 months ago
I agree with Kami, option C makes sense because a flexible budget should be able to adapt to different levels of activity.
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Kami
1 months ago
I think a flexible budget is changed in response to changes in the level of activity.
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Hyun
1 months ago
This question is as flexible as a rigid budget. But seriously, I'd go with C. Flexibility is key.
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Scarlet
2 months ago
Hmm, I'm torn between C and D. I think both changes in activity level and costs should be considered for a flexible budget.
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Gregg
29 days ago
User 2: I agree, but I also think it should be changed in response to changes in costs.
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Jeffrey
1 months ago
User 1: I think a flexible budget should be changed in response to changes in the level of activity.
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Boris
2 months ago
I agree with Maryann. A flexible budget needs to be responsive to changes in the business environment.
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Maryann
2 months ago
Option C seems like the correct answer. A flexible budget should be able to adapt to changes in the level of activity.
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Yaeko
1 months ago
Being able to adjust the budget in response to changes in activity is crucial for effective financial planning.
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Chaya
2 months ago
Yes, that's right. It allows for better decision-making based on the current level of activity.
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Dustin
2 months ago
I agree, a flexible budget should definitely be able to adapt to changes in activity.
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