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

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Twanna

8 months ago

Flexed budgets allow for adjustments based on actual performance.

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Phillip

9 months ago

Wait, can a computer really generate a good budget?

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Gene

9 months ago

Ideal budgets are just a dream, right?

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Catrice

9 months ago

I think a flexed budget is more practical!

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Shawana

9 months ago

A fixed budget is essential for control.

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Isreal

9 months ago

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

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Sharmaine

9 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?

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Hillary

9 months ago

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

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Tashia

10 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.

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Shawna

10 months ago

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

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Emile

10 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.

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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.

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Frederic

1 year ago

C) Flexed

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Marya

1 year ago

Budgets can actually be flexible to adapt to changing circumstances.

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Magdalene

1 year ago

D) Ideal

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Deane

1 year ago

C) Flexed

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Skye

1 year ago

B) Fixed

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Celeste

1 year ago

A) Computer generated

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Catina

1 year ago

D) Ideal

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Hui

1 year ago

C) Flexed

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Blondell

1 year ago

B) Fixed

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Alise

1 year ago

A) Computer generated

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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.

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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.

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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!

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Yen

1 year ago

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

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Aleisha

1 year ago

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

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Herman

1 year ago

I agree, a fixed budget provides stability and accountability.

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Theron

1 year ago

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

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Merlyn

1 year ago

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

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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!

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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.

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Maurine

1 year ago

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

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Jannette

1 year ago

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

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Maurine

1 year ago

I think the budget must be fixed for control purposes.

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