CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 50 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 50
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

In order to provide information that is suitable for control purposes, the budget must be:

AComputer generated

BFixed

CFlexed

DIdeal

Show Suggested Answer

Suggested Answer: B

by Kirk at Mar 25, 2023, 06:13 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA2-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Bernardo

5 days ago

Wait, is this a trick question? I thought budgets were supposed to be carved in stone, like the Ten Commandments of finance.

upvoted 0 times

...

Steffanie

6 days ago

A, because everything these days is computer-generated. It's the only way to make sure the numbers add up, even if they're completely made up.

upvoted 0 times

...

Brendan

7 days ago

D, definitely D. An 'ideal' budget is what we all strive for, even if it's as mythical as a unicorn.

upvoted 0 times

...

German

16 days ago

I'm going with B. A budget should be set in stone, like a contract. No flexing allowed, that's cheating!

upvoted 0 times

Merlyn

16 hours ago

I think C could also work. Flexing the budget allows for adjustments based on changing circumstances.

upvoted 0 times

...

Renea

5 days ago

I'm going with B. A budget should be set in stone, like a contract. No flexing allowed, that's cheating!

upvoted 0 times

...

Raul

17 days ago

Hmm, I think C is the correct answer. A budget needs to be flexible to adjust to changing circumstances, not fixed in stone like an ancient tablet.

upvoted 0 times

...

Maurine

20 days ago

But wouldn't a fixed budget provide more stability and predictability?

upvoted 0 times

...

Jannette

21 days ago

I disagree, I believe the budget should be flexed to adapt to changes.

upvoted 0 times

...

Maurine

23 days ago

I think the budget must be fixed for control purposes.

upvoted 0 times

...