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CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 79 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 79
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

A business has come to you for advice. There are about to start trading and want to ensure that they keep appropriate accounting records that will grow with their business, save time and produce useful information. They have already established books of prime entry.

Which of the following would you also suggest they use?

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Suggested Answer: B

by Danica at Dec 24, 2023, 10:03 PM

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Gracia
5 days ago
I hear the cash-only option (D) is great for businesses that want to keep their books as mysterious as a magician's hat.
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Emiko
13 days ago
Accounting codes all the way, baby! With option A, they can keep their books looking as sharp as their new letterhead stationery (option C).
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Cheryl
20 days ago
I think letterhead stationary would also be a good suggestion to maintain a professional image.
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Ammie
21 days ago
I agree with Noel. Accounting codes will help them track their transactions easily.
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Noel
22 days ago
I think they should use accounting codes to organize their records efficiently.
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Cecil
24 days ago
I think they should also use letterhead stationary to maintain a professional image.
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An
26 days ago
I agree with Leonard. Accounting codes will help them track transactions more efficiently.
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Ulysses
27 days ago
Cash transactions only? Really? Option D is just ridiculous. They're trying to build a successful business, not run a lemonade stand!
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Andree
6 hours ago
B: They should definitely consider using accounting codes to organize their records efficiently.
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Shenika
3 days ago
A: I agree, cash transactions only would limit their growth potential.
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Rosendo
1 months ago
I'd have to say option B - Same staff for all books of prime entry. That way they can ensure consistency and accuracy across their records. Plus, it's a good way to save time and reduce errors.
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Muriel
10 days ago
A) Accounting codes
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Precious
1 months ago
Definitely go with option A - Accounting codes. That's the best way to keep their records organized and grow with their business. The other options just don't make sense for what they're trying to achieve.
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Leonard
1 months ago
I think they should use accounting codes to organize their records.
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a