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CIMAPRA19-F01-1 Exam - Topic 5 Question 5 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 5
Topic #: 5
[All CIMAPRA19-F01-1 Questions]

Which of the following are techniques that can be used by a company to ensure they receive timely payment of receivables? Select ALL that apply:

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Suggested Answer: A, B, C

by Hermila at May 04, 2022, 08:55 AM

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Mitsue
7 months ago
Free items? Not sure that helps with timely payments.
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Jamika
7 months ago
Assessing credit risk is a must before giving credit.
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Marci
7 months ago
Wait, extended credit to returning customers? That sounds risky!
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Shannan
8 months ago
Totally agree, charging interest on late payments is essential.
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Idella
8 months ago
Offering cash discounts is a smart move!
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Laquita
8 months ago
Hmm, this looks like a tricky one. I'll need to carefully examine the command output and understand the relationship between the view and base table.
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Ona
8 months ago
Okay, let's see here. The first option about enabling Person Accounts sounds like a big change that could have implications, so I'll make a note of that. The second option about the managed package functionality being fixed is also good to know. I think I'm getting a sense of the key things to consider.
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Mozelle
8 months ago
I've got a good feeling about option B. That seems to be the most accurate description of a composition member based on what I've learned.
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Malcom
8 months ago
I'm a bit confused by the wording of the question. Let me re-read it and see if I can break it down.
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