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

WhichTWOof the following tasks isassociated with a Finance Department's Management Accounting section?
A) Providing management with decision making information
B) Preparing investment appraisals
C) Corporate governance compliance within the organisation
D) Arranging for the financing of plans made
E) Dealing with tax administration
F) Verifying systems of control

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
9 months ago
I thought tax stuff was more of an accounting role, not management accounting!
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Whitley
10 months ago
Totally agree with A, but I’m not convinced about B.
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Refugia
10 months ago
Wait, are we sure about B? Seems more like a project finance thing.
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Eladia
10 months ago
I think A and C make more sense.
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Colby
10 months ago
A and B are definitely the right choices!
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Shawnta
10 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
11 months ago
Corporate governance compliance seems more related to compliance or auditing rather than management accounting, right?
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Tesha
11 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
11 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
11 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
11 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
11 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
11 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
11 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
11 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
11 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
11 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
11 months ago
This question seems straightforward, but I want to make sure I understand the details correctly before answering.
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Yolando
11 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
1 year 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
1 year ago
Definitely, it's important to have strong systems in place for compliance and verification.
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Dominga
1 year ago
I agree, those tasks are crucial for ensuring proper governance and control within the organization.
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Jesusa
1 year ago
I think C and F are the correct tasks associated with the Finance Department's Management Accounting section.
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Billye
1 year ago
F) Verifying systems of control
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Ocie
1 year ago
E) Dealing with tax administration
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Melina
1 year ago
D) Arranging for the financing of plans made
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Chauncey
1 year ago
C) Corporate governance compliance within the organisation
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Johnson
1 year ago
B) Preparing investment appraisals
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Stephanie
1 year ago
A) Providing management with decision making information
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Edmond
1 year 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
1 year 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
1 year ago
Tax administration and investment appraisals are definitely key responsibilities that the Finance Department's Management Accounting section handles.
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Kimbery
1 year ago
Absolutely, those two tasks play a significant role in providing decision-making information and ensuring financial stability.
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Gary
1 year ago
I agree, tax administration and investment appraisals are crucial tasks for the Finance Department's Management Accounting section.
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Alberta
1 year 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
1 year 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
1 year ago
I agree, A and B are definitely tasks associated with the Finance Department's Management Accounting section.
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Susana
1 year 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
1 year ago
I think D is also important, arranging financing for plans made is crucial for the Finance Department.
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Charolette
1 year ago
I agree, providing decision making information and preparing investment appraisals are key tasks.
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Socorro
1 year ago
A and B are associated with Management Accounting.
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