MENU
Which THREE of the following are characteristics of management accounting?
Suggested Answer: A
Get Premium CIMAPRA17-BA3-1 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
29 comments · newest first
SH
Shawnda
12 months ago
Isn't management accounting supposed to be more future-focused?
RA
Raina
12 months ago
Totally agree with A and B, but E seems off.
FR
Franklyn
1 year ago
Surprised that people think D is a characteristic of management accounting!
RE
Reiko
1 year ago
I think C is more about financial accounting, not management.
RO
Rodolfo
1 year ago
Definitely A, B, and F!
LA
Lavonda
1 year ago
I’m a bit confused, but I think D could be a characteristic since management accounting often looks at past data for analysis.
AL
Alysa
1 year ago
I practiced a question similar to this, and I feel like C and E are more about financial accounting, not management accounting.
RA
Raul
1 year ago
I’m not entirely sure, but I think B is definitely a characteristic since it involves comparing actual results to what was expected.
SA
Sabine
1 year ago
I remember that management accounting is more focused on internal processes, so I think A and F might be correct.
YU
Yuriko
1 year ago
Okay, I think the key here is that the designer found no clear, consistent sales process. In that case, I'd recommend conducting that workshop with stakeholders to align on the correct process and build consensus. That seems like the best way to move forward.
VA
Vashti
1 year ago
Wait, is it really that simple? I feel like there might be some trick to this question. Maybe Cisco centralized key management is involved somehow? I'll have to review my notes on Cisco WLAN features.
DI
Dianne
1 year ago
Hmm, I'm not sure about this one. I'll need to review the Broker VM functionality more closely to determine the best approach.
AL
Altha
1 year ago
I think it's under Status > Registrations, but I'm not entirely sure if it's By Device or something else.
DE
Derrick
1 year ago
Haha, E is a good one! Tax authorities would love to get their hands on all that juicy management accounting data. But no, not the right answer.
DA
Daryl
1 year ago
I think C is a trick answer. Management accounting is for internal use, not external reporting. B, D, and F are the way to go.
MA
Marjory
1 year ago
Management accounting is all about monitoring results and looking forward.
MA
Maile
1 year ago
I think B, D, and F are the correct characteristics.
BE
Berry
1 year ago
I agree, C is definitely a trick answer.
CA
Carylon
2 years ago
I'm not sure about C and D. I think management accounting is more about internal decision-making rather than meeting external reporting requirements or reporting historic transactions.
JA
Jacinta
2 years ago
Definitely B and F, but I'm torn between A and D for the third option. Hmm, tough call.
TI
Tiffiny
1 year ago
So, the three characteristics of management accounting are A, B, and F.
NI
Nicolette
1 year ago
I believe D is also a characteristic, as management accounting reports historic transactions.
JE
Jesusita
1 year ago
I agree, A focuses on departmental information.
CL
Clement
1 year ago
I agree, A sounds like a characteristic of management accounting.
PE
Percy
1 year ago
I think A is more relevant because it focuses on departmental information.
RO
Rocco
2 years ago
I think A is a characteristic of management accounting.
CA
Carline
2 years ago
B, D, and F seem like the obvious choices here. Management accounting is all about monitoring performance and looking ahead.
RI
Ricki
2 years ago
I agree with Dalene. Management accounting focuses on departmental information, monitors actual results, and is forward looking.
DA
Dalene
2 years ago
I think A, B, and F are characteristics of management accounting.