CIMAPRA19-F01-1 Exam - Topic 3 Question 42 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 42
Topic #: 3

Select THREE actions that should be taken by a business offering credit to its customers to ensure that amounts owing are collected as quickly as possible.

AChase up slow payers with reminder letters.

BMonitor outstanding trade receivables.

CExtend the credit terms available to customers.

DIssue invoices quickly.

EMonitor outstanding trade payables.

FTake longer to settle trade payables than collect trade receivables.

Show Suggested Answer

Suggested Answer: A, B, D

by Mollie at May 03, 2022, 05:17 PM

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5 months ago

This seems like a straightforward question about compliance programs. I'm pretty confident I can answer this correctly.

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This looks like a question about TOGAF, which I've been studying. I think the answer is B, a Foundation Architecture, since the TOGAF Technical Reference Model is a foundational architecture that provides a common framework.

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Sue

5 months ago

The key here is that we need to get the same 1,000 rows each time, so I think option B with the seed parameter is the way to go. It's a simple and reliable way to get a consistent sample.

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CIMAPRA19-F01-1 Exam - Topic 3 Question 42 Discussion

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