CIMAPRA17-BA2-1 Exam - Topic 1 Question 50 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 50
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

In order to provide information that is suitable for control purposes, the budget must be:

AComputer generated

BFixed

CFlexed

DIdeal

Show Suggested Answer

Suggested Answer: B

by Kirk at Mar 25, 2023, 06:13 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA2-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Twanna

7 months ago

Flexed budgets allow for adjustments based on actual performance.

upvoted 0 times

...

Phillip

7 months ago

Wait, can a computer really generate a good budget?

upvoted 0 times

...

Gene

7 months ago

Ideal budgets are just a dream, right?

upvoted 0 times

...

Catrice

7 months ago

I think a flexed budget is more practical!

upvoted 0 times

...

Shawana

8 months ago

A fixed budget is essential for control.

upvoted 0 times

...

Isreal

8 months ago

I definitely recall that flexed budgets adjust for actual activity levels, which seems crucial for control. I think that's the answer!

upvoted 0 times

...

Sharmaine

8 months ago

I’m torn between fixed and flexed. I feel like fixed budgets are easier to manage, but I guess they might not be as useful for control?

upvoted 0 times

...

Hillary

8 months ago

I remember practicing a question about fixed vs. flexed budgets, and I think flexed budgets are better for control purposes.

upvoted 0 times

...

Tashia

8 months ago

I think the budget needs to be flexible to adapt to changes, but I'm not entirely sure if that's the right term they use in this context.

upvoted 0 times

...

Shawna

8 months ago

Hmm, this is a tricky one. I'll need to think carefully about how to ensure all 2-way interactions are considered.

upvoted 0 times

...

Emile

8 months ago

Hmm, I'm a bit unsure about this one. I'll need to review my notes on the Blueprint to make an informed decision.

upvoted 0 times

...

Bernardo

1 year ago

Wait, is this a trick question? I thought budgets were supposed to be carved in stone, like the Ten Commandments of finance.

upvoted 0 times

Frederic

11 months ago

C) Flexed

upvoted 0 times

...

Marya

11 months ago

Budgets can actually be flexible to adapt to changing circumstances.

upvoted 0 times

...

Magdalene

11 months ago

D) Ideal

upvoted 0 times

...

Deane

11 months ago

C) Flexed

upvoted 0 times

...

Skye

11 months ago

B) Fixed

upvoted 0 times

...

Celeste

11 months ago

A) Computer generated

upvoted 0 times

...

Catina

12 months ago

D) Ideal

upvoted 0 times

...

Hui

12 months ago

C) Flexed

upvoted 0 times

...

Blondell

1 year ago

B) Fixed

upvoted 0 times

...

Alise

1 year ago

A) Computer generated

upvoted 0 times

...

Steffanie

1 year ago

A, because everything these days is computer-generated. It's the only way to make sure the numbers add up, even if they're completely made up.

upvoted 0 times

...

Brendan

1 year ago

D, definitely D. An 'ideal' budget is what we all strive for, even if it's as mythical as a unicorn.

upvoted 0 times

...

German

1 year ago

I'm going with B. A budget should be set in stone, like a contract. No flexing allowed, that's cheating!

upvoted 0 times

Yen

1 year ago

I see your point, but I still think B is the most reliable choice. Fixed budgets provide stability and accountability.

upvoted 0 times

...

Aleisha

1 year ago

But what if unexpected expenses come up? Wouldn't a flexible budget be more practical?

upvoted 0 times

...

Herman

1 year ago

I agree, a fixed budget provides stability and accountability.

upvoted 0 times

...

Theron

1 year ago

I disagree, D is the best option. An ideal budget sets ambitious goals for the organization.

upvoted 0 times

...

Merlyn

1 year ago

I think C could also work. Flexing the budget allows for adjustments based on changing circumstances.

upvoted 0 times

...

Renea

1 year ago

I'm going with B. A budget should be set in stone, like a contract. No flexing allowed, that's cheating!

upvoted 0 times

...

Raul

1 year ago

Hmm, I think C is the correct answer. A budget needs to be flexible to adjust to changing circumstances, not fixed in stone like an ancient tablet.

upvoted 0 times

...

Maurine

1 year ago

But wouldn't a fixed budget provide more stability and predictability?

upvoted 0 times

...

Jannette

1 year ago

I disagree, I believe the budget should be flexed to adapt to changes.

upvoted 0 times

...

Maurine

1 year ago

I think the budget must be fixed for control purposes.

upvoted 0 times

...