CIMA Exam CIMAPRA17-BA2-1 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?

ACurrent costs

BNotional costs

CEstimated future costs

DCosts already incurred which are known with certainty

Show Suggested Answer

Suggested Answer: B

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

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Barrett

4 days 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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Ilona

8 days ago

I believe current costs are the most relevant. We need to consider what we are currently spending.

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Brianne

10 days ago

I agree with Shantell. Estimated future costs help in making informed decisions for the future.

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Shantell

11 days ago

I think the most relevant category of costs for decision making is estimated future costs.

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