CIMA Exam CIMAPRA19-E01-1 Topic 5 Question 102 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam

Question #: 102
Topic #: 5

With the use of increasingly sophisticated systems and improved communications, the focus of the accountant's role has changed in recent years to which of the following?

ABusiness support

BVariance reporting

CTreasury management

DStatutory reporting

Show Suggested Answer

Suggested Answer: A

by Carman at Oct 24, 2024, 04:44 PM

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Dalene

4 months ago

I'm torn between A and C. As an accountant, I'd love to be more focused on strategic business support, but let's be real - treasury management is where the real action is at!

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Truman

2 months ago

Why not combine both? Being involved in treasury management while also providing business support could be a winning combination.

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Quentin

2 months ago

I think focusing on strategic business support can really add value to the organization.

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Kendra

3 months ago

I agree, business support is important but treasury management is where the money is!

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Wilbert

4 months ago

D - Statutory reporting is the way to go! Accountants still have a crucial role in ensuring the organization meets its legal and regulatory reporting requirements.

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Vallie

2 months ago

D) Statutory reporting

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Franchesca

3 months ago

C) Treasury management

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Elin

4 months ago

A) Business support

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Quentin

4 months ago

But I believe treasury management is also important for accountants.

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Marvel

4 months ago

I'm going with C - Treasury management. With the increase in sophisticated systems, accountants are now more involved in managing the company's financial resources and cash flow.

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Salome

3 months ago

I think Business support is also important as accountants now play a bigger role in decision-making.

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Ivan

3 months ago

I agree, Treasury management is becoming a key focus for accountants.

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Dawne

4 months ago

I agree with Dick, businesses need more support nowadays.

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Dick

4 months ago

I think the focus has shifted to business support.

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Lucina

4 months ago

Hmm, I'm not sure. B - Variance reporting seems like a logical choice, as accountants need to monitor and analyze financial variances.

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Ira

4 months ago

I think the answer is A - Business support. The role of the accountant has evolved to be more strategic and advisory, supporting the overall business objectives.

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Bette

3 months ago

Accountants now play a key role in helping businesses make informed financial decisions.

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Micaela

3 months ago

Yes, being able to provide valuable insights and analysis to support business objectives is crucial.

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Jin

3 months ago

I think it's important for accountants to be more involved in strategic decision-making.

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Ira

4 months ago

I agree, the accountant's role has definitely shifted towards providing more business support.

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