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CIMAPRO19-P01-1 Exam - Topic 3 Question 127 Discussion

Which THREE of the following are purposes of all budgets?
A) Co-ordination and B) Communication and E) Authorization
C) Profit maximisation
D) Diversification
F) Consolidation

CIMAPRO19-P01-1 Exam - Topic 3 Question 127 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 127
Topic #: 3
[All CIMAPRO19-P01-1 Questions]

Which THREE of the following are purposes of all budgets?

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Suggested Answer: A, B, E

by Terrilyn at Jun 02, 2026, 12:42 AM

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Silvana
I feel like consolidation might be related, but I can't recall if it's a main purpose.
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Georgiana
5 days ago
Profit maximisation seems more like an outcome rather than a purpose of budgets, right?
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Fernanda
10 days ago
I remember practicing a question like this, and I think communication and authorization were also key purposes.
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Rosendo
15 days ago
I think co-ordination is definitely one of the purposes, but I'm not sure about the others.
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