Halloween Special 2026! Get Up to 25% OFF Practice Questions! Limited Time - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIMAPRA17-BA4-1 Exam - Topic 7 Question 59 Discussion

Posted by Beatriz on Oct 12, 2022 at 11:52 AM

A professional accountant is NOT accountable to:

Suggested Answer: C

Get Premium CIMAPRA17-BA4-1 Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
31 comments · newest first
TE
Temeka 12 months ago
Competitors? That seems obvious, but still surprising!
AL
Alesia 12 months ago
It's all about the employer and clients, right?
LA
Lauran 1 year ago
Wait, are you serious? Not to the public?
MA
Martina 1 year ago
I think they should be accountable to their clients.
CO
Cortney 1 year ago
Definitely not accountable to competitors!
GA
Gayla 1 year ago
I could be wrong, but I think D makes the most sense because competitors don’t have a direct relationship with the accountant.
RO
Rochell 1 year ago
I practiced a similar question, and I feel like it was about the public being a key stakeholder, so maybe it's not A.
RO
Rossana 1 year ago
I'm not entirely sure, but I remember something about how accountants are primarily accountable to their clients and employers.
LA
Lajuana 1 year ago
I think the answer might be D, since competitors aren't really part of the accountability structure.
WI
Willodean 1 year ago
Hmm, let me think this through. The data page was created at 06:12, and the reload if older than field is set to 15 minutes. So the page should reload at 06:27, which is choice D.
RO
Rodrigo 1 year ago
I'm feeling pretty confident about this one. The most important benefit is that the customer knows you understand how they feel. That's the core of good customer service.
KA
Kate 1 year ago
Is this one of those 'none of the above' kind of questions? Because that would be the most accountant-y answer ever.
RO
Rolande 1 year ago
Wait, are we sure this isn't a trick question? Maybe the answer is actually 'all of the above'.
CL
Claribel 1 year ago
Competitors? Really? I thought accountants were sworn to secrecy, not spilling the beans to the competition.
RO
Rosio 1 year ago
↳ replying to Claribel
C: Accountants also have a responsibility to their employer and the public.
KA
Kara 1 year ago
↳ replying to Claribel
B: That's right, accountants have a duty of confidentiality to their clients.
LA
Lazaro 1 year ago
↳ replying to Claribel
A: Accountants are accountable to their clients, not their competitors.
AI
Aileen 1 year ago
The employer? That's a bold move, I guess they can do whatever they want without any consequences.
DA
Dana 1 year ago
↳ replying to Aileen
C) His or her employer
AN
An 1 year ago
↳ replying to Aileen
B) His or her clients
CE
Cecil 1 year ago
↳ replying to Aileen
A) The public
JA
Jamal 1 year ago
Clients? But isn't serving the client the whole point of being a professional accountant? This is confusing.
EM
Emerson 1 year ago
↳ replying to Jamal
C) His or her employer
MA
Marge 1 year ago
↳ replying to Jamal
B) His or her clients
CA
Carey 1 year ago
↳ replying to Jamal
A) The public
DE
Denae 2 years ago
Hmm, the public? I thought accountants were supposed to be the epitome of transparency and accountability.
MA
Marlon 1 year ago
↳ replying to Denae
B) His or her clients
LU
Lucina 1 year ago
↳ replying to Denae
A) The public
YE
Yesenia 2 years ago
But shouldn't an accountant also consider the impact of their decisions on competitors to ensure fair competition?
AL
Alex 2 years ago
I agree with that. Competitors shouldn't have a say in how an accountant does their job.
JU
Justine 2 years ago
A professional accountant is NOT accountable to his or her company's competitors.
0/2000 characters

Save Cancel