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CIMAPRA19-E01-1 Exam - Topic 6 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 87
Topic #: 6
[All CIMAPRA19-E01-1 Questions]

WhichTWOof the following tasks isassociated with a Finance Department's Management Accounting section?

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Suggested Answer: A

by Hillary at May 12, 2024, 05:55 PM

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Xuan
4 months ago
I thought tax stuff was more of an accounting role, not management accounting!
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Whitley
4 months ago
Totally agree with A, but I’m not convinced about B.
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Refugia
4 months ago
Wait, are we sure about B? Seems more like a project finance thing.
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Eladia
4 months ago
I think A and C make more sense.
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Colby
5 months ago
A and B are definitely the right choices!
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Shawnta
5 months ago
I feel like arranging financing plans might be more of a treasury function, but I could be wrong.
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Devon
5 months ago
Corporate governance compliance seems more related to compliance or auditing rather than management accounting, right?
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Tesha
5 months ago
I remember practicing a question similar to this, and I think preparing investment appraisals fits well with management accounting too.
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Amber
5 months ago
I think providing management with decision-making information is definitely a key task for management accounting, but I'm not sure about the second one.
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Delisa
5 months ago
I think the key is to focus on the management accounting section specifically. Providing decision-making info and investment appraisals are classic management accounting tasks, so those are my picks.
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Colette
5 months ago
I'm a bit confused by the options here. Corporate governance, tax administration, and verifying systems of control don't seem directly related to management accounting. I'll have to re-read the question and options more closely.
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Denny
5 months ago
Okay, providing management with decision-making information and preparing investment appraisals - those sound like the two tasks most closely related to management accounting. I'm confident those are the right answers.
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Luisa
5 months ago
Hmm, I'm a bit unsure about the difference between management accounting and other finance department responsibilities. I'll need to think this through carefully.
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Salena
5 months ago
This seems like a straightforward management accounting question. I'll start by identifying the key tasks associated with that function, then select the two that best fit.
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Tasia
6 months ago
I feel pretty confident about this one. The external FTP site and the directory structure seem like the main things to consider based on the question.
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Vinnie
6 months ago
I'm pretty sure it's inventory and equipment. Those are tangible assets that are easier to steal compared to things like interest.
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Giovanna
6 months ago
I'm pretty confident about this one. I think the correct answer is C - Local resources, then same rack, then any machine.
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Ardella
6 months ago
This question seems straightforward, but I want to make sure I understand the details correctly before answering.
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Yolando
6 months ago
This feels tricky. Each option seems like a valid risk management technique except... wait, storing duplicate files actually IS a risk elimination method. I'm confused.
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Von
10 months ago
I'm going to go with C and F - corporate governance and control verification. Because who doesn't love a little creative interpretation on these exams, eh?
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Rebeca
8 months ago
Definitely, it's important to have strong systems in place for compliance and verification.
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Dominga
8 months ago
I agree, those tasks are crucial for ensuring proper governance and control within the organization.
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Jesusa
8 months ago
I think C and F are the correct tasks associated with the Finance Department's Management Accounting section.
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Billye
8 months ago
F) Verifying systems of control
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Ocie
9 months ago
E) Dealing with tax administration
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Melina
9 months ago
D) Arranging for the financing of plans made
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Chauncey
9 months ago
C) Corporate governance compliance within the organisation
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Johnson
9 months ago
B) Preparing investment appraisals
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Stephanie
9 months ago
A) Providing management with decision making information
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Edmond
10 months ago
Come on, this is easy! B and D, of course. Financing plans and investment appraisals are like the bread and butter of management accounting.
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Jillian
10 months ago
Definitely B and E. Tax administration is a key part of the finance department's responsibilities, and investment appraisals are a core management accounting function.
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Louann
9 months ago
Tax administration and investment appraisals are definitely key responsibilities that the Finance Department's Management Accounting section handles.
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Kimbery
9 months ago
Absolutely, those two tasks play a significant role in providing decision-making information and ensuring financial stability.
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Gary
10 months ago
I agree, tax administration and investment appraisals are crucial tasks for the Finance Department's Management Accounting section.
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Alberta
11 months ago
I'm going with A and B. Providing decision-making information and preparing investment appraisals are classic management accounting tasks.
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Georgene
10 months ago
I think A and D are also important tasks for the Management Accounting section. Providing decision-making information and arranging financing go hand in hand.
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Clay
11 months ago
I agree, A and B are definitely tasks associated with the Finance Department's Management Accounting section.
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Susana
11 months ago
B and D seem like the obvious choices here. Management accounting is all about supporting decision-making and financing.
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Valentin
11 months ago
I think D is also important, arranging financing for plans made is crucial for the Finance Department.
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Charolette
11 months ago
I agree, providing decision making information and preparing investment appraisals are key tasks.
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Socorro
12 months ago
A and B are associated with Management Accounting.
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