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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 33 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 33
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

Mr D, a CIMA qualified accountant, is working on the preparation of a long term profit forecast required by the local stock marketprior to a new share issue of equity shares. At the most recent board meeting the directors requested that the forecast be inflated. In Mr D's view this wouldgrossly overestimate the forecast profit. Theboard intends to publish the revised inflated forecast.

Which THREE of the following are the ethical options available to Mr D in this situation?

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Suggested Answer: A, C, D

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