CIMA Exam CIMAPRO19-P01-1 Topic 9 Question 104 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 104
Topic #: 9

A flexible budget is a budget that is:

Aset prior to the control period and not subsequently changed in response to changes in activity period has expired

Bcontinuously updated by adding a further accounting period when the earliest accounting period has expired

Cchanged in response to changes in the level of activity

Dchanged in response to changes in costs

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Suggested Answer: C

References:

by Chau at Dec 06, 2024, 08:48 AM

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4 days ago

D) changed in response to changes in costs. That's a good one too, the budget should reflect the real cost fluctuations.

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4 days ago

I agree with Antione, it makes sense to adjust the budget based on activity changes.

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10 days ago

C) changed in response to changes in the level of activity. Makes sense, a flexible budget should adapt to the actual activity levels.

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12 days ago

I think a flexible budget is changed in response to changes in the level of activity.

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