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CIMAPRA17-BA2-1 Exam - Topic 1 Question 56 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam
Question #: 56
Topic #: 1
[All CIMAPRA17-BA2-1 Questions]

Which of the following categories of costs is the most relevant for decision making?

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Suggested Answer: B

by Nicolette at Aug 09, 2023, 04:52 PM

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Tu
6 months ago
I doubt costs already incurred should even be considered.
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Yun
6 months ago
Surprised that anyone would choose anything other than current costs!
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Adelle
7 months ago
Notional costs? Really? They seem less useful to me.
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Tamra
7 months ago
I think estimated future costs are more important for decisions.
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Frankie
7 months ago
Current costs are definitely the most relevant.
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Bette
7 months ago
I feel like costs already incurred shouldn't matter for future decisions, but I can't recall the exact reasoning.
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Yoko
8 months ago
I practiced a question like this, and I think notional costs were mentioned as less relevant.
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Selma
8 months ago
I'm not entirely sure, but I remember something about current costs being important for short-term decisions.
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Curt
8 months ago
I think estimated future costs might be the most relevant since decisions are often based on projections.
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Elke
8 months ago
I'm pretty sure the protocol used between the ICM Central Controller and IVR/CUCM PG is OCTI, but I'll double-check the course materials to be sure.
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Hyun
8 months ago
Okay, let me think this through step-by-step. PROC PRINT is used to display data, and we want an option that will show the variable labels. I'm leaning towards C. LABELS=, but I want to double-check the other options just to be sure.
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Tammara
8 months ago
I've got a good feeling about "Ignore Blank Addressees" and "Priority Value Expression" as the two valid advanced properties. Time to mark those down!
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Leota
8 months ago
I'm pretty sure this is asking about change management, which is a structured approach to transitioning individuals, teams, and organizations to a desired future state.
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Aleta
8 months ago
I've got this! The key is recognizing that private security is about protecting individual clients, while public law enforcement is about serving the community as a whole. The statement is false, so I'll select B.
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Zena
1 year ago
Hold on, did someone say 'notional costs'? Is this exam being sponsored by the Department of Redundancy Department?
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Kimberely
11 months ago
D) Costs already incurred which are known with certainty
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Chandra
11 months ago
C) Estimated future costs
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Audry
11 months ago
B) Notional costs
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Mitsue
12 months ago
A) Current costs
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Fausto
1 year ago
I'm going to have to go with C on this one. Can't make a decision based on yesterday's news. Unless, of course, you're a time traveler. In that case, I'd like to borrow your DeLorean.
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Nichelle
11 months ago
B) Notional costs can be tricky, they're not always reliable.
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Diane
12 months ago
C) I agree, estimated future costs are crucial for making decisions.
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Galen
12 months ago
A) Current costs are important too, you need to know what you're spending now.
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Alline
1 year ago
Notional costs? What is this, a fantasy accounting exam? I'm going with estimated future costs. Gotta keep an eye on the bottom line, am I right?
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Kizzy
12 months ago
I'm with you on that. Current costs are important, but looking at the future costs can really help us make better decisions.
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Muriel
1 year ago
I think estimated future costs are the way to go. It's important to plan ahead and make decisions based on what we expect to incur.
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Skye
1 year ago
Notional costs? That does sound like something out of a fantasy world. I agree, estimated future costs seem more practical.
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Antonio
1 year ago
Ah, I see what you're getting at. Costs already incurred are a done deal, so they're not really useful for decision making. You gotta look to the future, you know?
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Nydia
11 months ago
B) Notional costs
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Casey
11 months ago
Exactly, we need to focus on what's ahead to make the best decisions.
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Zona
11 months ago
C) Estimated future costs
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Sarah
12 months ago
A) Current costs
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Ronny
12 months ago
B) Notional costs
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Kristeen
12 months ago
Exactly, we need to focus on future costs to make informed decisions.
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Thea
12 months ago
C) Estimated future costs
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Gregoria
12 months ago
A) Current costs
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Barrett
1 year ago
Hmm, I'd say estimated future costs are the most relevant for decision making. You can't make a good decision based on past costs that you can't change.
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Trina
1 year ago
Definitely, focusing on current and past costs won't help in planning for the future.
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Chantell
1 year ago
I agree, estimated future costs are crucial for making informed decisions.
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Ilona
1 year ago
I believe current costs are the most relevant. We need to consider what we are currently spending.
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Brianne
1 year ago
I agree with Shantell. Estimated future costs help in making informed decisions for the future.
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Shantell
1 year ago
I think the most relevant category of costs for decision making is estimated future costs.
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