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CIMA Exam CIMAPRA17-BA3-1 Topic 2 Question 99 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 99
Topic #: 2
[All CIMAPRA17-BA3-1 Questions]

Which of the following would be a role of the financial accountant?

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Suggested Answer: A

by Chauncey at Sep 13, 2024, 07:32 AM

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Cristy
3 months ago
Wait, there are different types of accounting? I thought it was just a bunch of people in suits staring at spreadsheets all day.
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Joanna
2 months ago
C) Meeting external reporting requirements
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Golda
2 months ago
B) Monitoring actual results to expected results
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Shelton
3 months ago
A) Meeting management reporting requirements
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Fannie
4 months ago
I thought financial accountants just cooked the books and embezzled funds. Guess I've been watching too many movies!
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Paz
3 months ago
C) Meeting external reporting requirements
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Cassandra
3 months ago
B) Monitoring actual results to expected results
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Murray
3 months ago
A) Meeting management reporting requirements
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Alison
4 months ago
B? Really? That sounds like more of a controller's job. Financial accountants are all about the numbers, not the analysis.
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Colby
3 months ago
D) Producing budgets for the future
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Kanisha
3 months ago
C) Meeting external reporting requirements
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Carlene
4 months ago
A) Meeting management reporting requirements
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Celeste
4 months ago
I'm going with D. Budgeting is a crucial part of the financial accountant's job, even if it's not the only thing they do.
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Wynell
4 months ago
Hmm, I'd say A and C are both correct. Financial accountants have to meet both internal and external reporting requirements.
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Lacey
3 months ago
Yes, that's right. It's important for financial accountants to fulfill both roles.
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Eladia
4 months ago
I agree, financial accountants have to meet both internal and external reporting requirements.
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Walker
4 months ago
I believe monitoring actual results to expected results is also important for financial accountants to analyze performance and make necessary adjustments.
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Hermila
4 months ago
Definitely C. External reporting is a core responsibility of the financial accountant. I've seen too many people mix that up with managerial accounting.
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Marvel
3 months ago
Producing budgets for the future is also an important role for financial accountants.
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Luis
3 months ago
It's important to distinguish between financial and managerial accounting responsibilities.
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Ruthann
3 months ago
Yes, meeting external reporting requirements is crucial for financial accountants.
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Thora
4 months ago
I agree, external reporting is a key role for financial accountants.
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Lelia
4 months ago
I agree with Rosendo. Meeting external reporting requirements is crucial for financial accountants to ensure transparency and compliance.
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Rosendo
5 months ago
I think the role of a financial accountant would be to meet external reporting requirements.
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