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

3 days 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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Wilbert

15 days 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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Elin

5 days ago

A) Business support

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Quentin

19 days ago

But I believe treasury management is also important for accountants.

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Marvel

20 days 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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Ivan

1 days ago

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

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Dawne

21 days ago

I agree with Dick, businesses need more support nowadays.

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Dick

24 days ago

I think the focus has shifted to business support.

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Lucina

24 days 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

29 days 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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Ira

14 days ago

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

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