CIMA Exam CIMAPRA19-E03-1 Topic 7 Question 74 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam

Question #: 74
Topic #: 7

Management Accountants increasingly play a key role in strategic planning.

Which of the following statements is NOT a role for Management Accountants involved in the strategy development process?

AAssist the Board in determining risk appetite.

BConsider and raise awareness of the ethical impact of proposed strategic decisions.

CIntegration of financial and non-financial information.

DWriting the Annual Report.

Show Suggested Answer

Suggested Answer: C

by Bobbye at Oct 07, 2023, 10:33 PM

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Tayna

5 days ago

Option D is the clear winner here. The other choices all sound like things Management Accountants should be doing, but writing the Annual Report? That's more of a PR job, isn't it?

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Alyce

10 days ago

Haha, writing the Annual Report? That's like asking an architect to paint the walls. Management Accountants are all about the numbers, not the fluff. Definitely going with D on this one.

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Hmm, I'm not so sure. Assisting the Board with risk appetite, considering ethical impact, and integrating financial and non-financial information all seem like crucial roles for Management Accountants. Writing the Annual Report feels like an administrative task, not a strategic one.

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Lera

16 days ago

I think option D is the correct answer. Writing the Annual Report is not a role for Management Accountants in the strategy development process.

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Aleta

17 days ago

I believe assisting the Board in determining risk appetite is also a key role for Management Accountants in strategic planning.

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Lucina

25 days ago

I agree with Ardella. Management Accountants should focus on integrating financial and non-financial information.

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Ardella

26 days ago

I think writing the Annual Report is not a role for Management Accountants in strategy development.

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CIMA Exam CIMAPRA19-E03-1 Topic 7 Question 74 Discussion

Contribute your Thoughts:

Tayna

Alyce

Yuki

Lera

Aleta

Lucina

Ardella