CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 79 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 79
Topic #: 1

A business has come to you for advice. There are about to start trading and want to ensure that they keep appropriate accounting records that will grow with their business, save time and produce useful information. They have already established books of prime entry.

Which of the following would you also suggest they use?

AAccounting codes

BSame staff for all books of prime entry

CLetterhead stationary

DCash transactions only

Show Suggested Answer

Suggested Answer: B

by Danica at Dec 24, 2023, 10:03 PM

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Cheryl

6 days ago

I think letterhead stationary would also be a good suggestion to maintain a professional image.

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Ammie

8 days ago

I agree with Noel. Accounting codes will help them track their transactions easily.

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Noel

8 days ago

I think they should use accounting codes to organize their records efficiently.

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Cecil

10 days ago

I think they should also use letterhead stationary to maintain a professional image.

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An

12 days ago

I agree with Leonard. Accounting codes will help them track transactions more efficiently.

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Ulysses

13 days ago

Cash transactions only? Really? Option D is just ridiculous. They're trying to build a successful business, not run a lemonade stand!

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Rosendo

18 days ago

I'd have to say option B - Same staff for all books of prime entry. That way they can ensure consistency and accuracy across their records. Plus, it's a good way to save time and reduce errors.

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Precious

19 days ago

Definitely go with option A - Accounting codes. That's the best way to keep their records organized and grow with their business. The other options just don't make sense for what they're trying to achieve.

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Leonard

25 days ago

I think they should use accounting codes to organize their records.

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