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CIMAPRA19-F03-1 Exam - Topic 4 Question 124 Discussion

The International Integrated Reporting Council (IIRC) was formed in August 2010 and brings together a cross-section of representatives from a wide variety of business sectors.Theprimary purpose of theIIRC's framework is to help enable an organsation to communicate how it:
B) creates value in the short, medium and long term.
A) minimises the environmental impact of its business processes.
C) contributes positively to the economic well being of the environment in which it operates.
D) ensures that the conflicting needs of different stakeholder groups are met in an optimal manner.

CIMAPRA19-F03-1 Exam - Topic 4 Question 124 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam
Question #: 124
Topic #: 4
[All CIMAPRA19-F03-1 Questions]

The International Integrated Reporting Council (IIRC) was formed in August 2010 and brings together a cross-section of representatives from a wide variety of business sectors.

Theprimary purpose of theIIRC's framework is to help enable an organsation to communicate how it:

Show Suggested Answer Hide Answer
Suggested Answer: B

by Arlette at May 07, 2026, 03:46 PM

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Bettye
10 hours ago
It’s a tough choice, but B feels right for the exam.
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Talia
6 days ago
I like C as well. Economic well-being is important.
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Josephine
11 days ago
Yeah, but A shows responsibility towards the planet.
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Cecily
16 days ago
I feel like B covers everything, though.
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Jess
21 days ago
Option D is interesting too. Stakeholder needs matter.
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Brice
26 days ago
True, but long-term value is more comprehensive.
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Sharen
1 month ago
But what about option A? Environmental impact is key.
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Ulysses
1 month ago
I agree, creating value over time is crucial.
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Bettye
1 month ago
I think option B is the best choice.
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Fabiola
2 months ago
I thought it was just about short-term gains, interesting!
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Leslie
2 months ago
It's all about balancing stakeholder needs, right?
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Dustin
2 months ago
Wait, does it really help with environmental impact?
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Carlee
2 months ago
Totally agree, value creation is key!
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Natalie
2 months ago
IIRC was formed in 2010.
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Gearldine
2 months ago
I’m a bit confused about the environmental aspects. I thought the IIRC also considered environmental impact, but I’m not sure if that’s the primary purpose.
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Gracia
4 months ago
I feel like I saw a similar question about integrated reporting in practice exams, and it emphasized long-term value creation. B might be the right answer.
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Hildred
4 months ago
I remember studying about stakeholder needs, but I’m not sure if that’s the main focus of the IIRC. Option D seems relevant, though.
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Nohemi
4 months ago
I think the IIRC framework is mostly about how organizations create value over time, so I’m leaning towards option B.
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