CIMA Exam CIMAPRA19-F03-1 Topic 7 Question 81 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam

Question #: 81
Topic #: 7

Acompanyispreparing anintegrated report according to the International Framework as issued by the International Integrated Reporting Council.

Which THREE of the following should be included in the report?

AAn of how the organisation's governance structure supports its ability to create value in the short, medium and long term.

BA detailed analysis of the organisation's business model.

CThe challenges and uncertainties that the organisation is likely to encounter in pursuing its strategy.

DA comparison of the key elements of its financial statements with those of its main competitor.

EA summary of the key issues discussed by directors in main board meetings.

Show Suggested Answer

Suggested Answer: A, B, E

by Nichelle at Mar 04, 2024, 04:28 AM

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Lorrie

1 months ago

Hmm, I wonder if the correct answer includes a comparison of the company's integrated report to those of its competitors. That could be a real power move!

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Nieves

4 days ago

B: Agreed, that's essential for stakeholders to understand how we create value.

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Jamal

16 days ago

A: I think we should definitely include an analysis of our business model in the integrated report.

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Alpha

18 days ago

C: I believe a summary of the key issues discussed in main board meetings is crucial for the report.

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Natalie

27 days ago

B: Agreed, we also need to address the challenges and uncertainties the organisation may face.

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Yolando

1 months ago

A: I think we should definitely include an analysis of the organisation's business model.

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Jeannine

2 months ago

D is a bit odd. Why would we want to compare financial statements with competitors? That seems more like a separate benchmarking exercise, not part of an integrated report.

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Cammy

17 days ago

C: Including the challenges and uncertainties the organization faces in its strategy is important for stakeholders to understand the risks involved.

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Brande

25 days ago

B: Definitely, the focus should be on the organization's business model and how it generates value.

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Valda

1 months ago

A: I agree, D does seem out of place. Integrated reporting is more about showing how the organization creates value over time.

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Jarod

2 months ago

I think B is also important, as the business model is the foundation for how the company generates value. A detailed analysis of that would be really helpful.

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Kara

10 hours ago

Yes, those are important aspects to cover in the integrated report.

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Carissa

5 days ago

I think the governance structure and challenges are also key components to include.

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Queen

18 days ago

I agree, the business model is crucial for understanding value creation.

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A, C, and E seem like the most important elements to include in an integrated report. The governance structure, key challenges, and board discussions are crucial for understanding the company's value creation.

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Paola

1 months ago

I think highlighting the challenges and uncertainties will provide a realistic view of the company's strategy.

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Rolland

1 months ago

I agree, including the governance structure will show how the company creates value.

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Rashad

2 months ago

I'm not sure about D and E. They seem more focused on external comparisons rather than internal value creation.

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Armanda

2 months ago

I agree with Kathrine. Those elements are crucial for providing a comprehensive view of the organization's performance.

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Kathrine

2 months ago

I think A, B, and C should be included in the report.

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CIMA Exam CIMAPRA19-F03-1 Topic 7 Question 81 Discussion

Contribute your Thoughts:

Lorrie

Nieves

Jamal

Alpha

Natalie

Yolando

Jeannine

Cammy

Brande

Valda

Jarod

Kara

Carissa

Queen

Renea

Paola

Rolland

Rashad

Armanda

Kathrine