CIMA Exam CIMAPRA17-BA3-1 Topic 4 Question 100 Discussion

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

Question #: 100
Topic #: 4

[All CIMAPRA17-BA3-1 Questions]

In relation to accounting coding systems in the computerized records of an entity, which of the following is true?

ACodes are used to cross-reference transactions

BCodes in coding systems are not unique

CCoding systems are not expandable

DCodes are used in the nominal ledger but not in payroll

Show Suggested Answer

Suggested Answer: A

by Cherelle at Sep 19, 2024, 12:44 PM

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Markus

2 months ago

Haha, I bet the right answer is something super obvious that we're all overthinking. Time to get back to the basics of accounting!

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Joseph

16 days ago

D) Codes are used in the nominal ledger but not in payroll

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Reta

24 days ago

C) Coding systems are not expandable

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Edelmira

1 months ago

B) Codes in coding systems are not unique

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Ellsworth

1 months ago

A) Codes are used to cross-reference transactions

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Margarett

2 months ago

D) Codes are used in the nominal ledger but not in payroll - Hmm, I'm not sure about that. Wouldn't payroll also need its own coding system to keep track of employee data and payments?

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Han

20 days ago

C) Coding systems are not expandable

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Jamal

21 days ago

B) Codes in coding systems are not unique

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Frankie

1 months ago

A) Codes are used to cross-reference transactions

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C) Coding systems are not expandable - Really? I would have thought they'd need to be flexible enough to accommodate new accounts and transactions as the business grows. Seems like a major limitation.

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Annita

2 months ago

B) Codes in coding systems are not unique - Wait, what? I thought the whole point of coding systems was to have unique identifiers. That doesn't sound right.

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Lottie

24 days ago

D) Codes are used in the nominal ledger but not in payroll

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Vicky

25 days ago

B) Codes in coding systems are not unique - Really? I always thought they were unique too.

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Cristal

26 days ago

A) Codes are used to cross-reference transactions

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Lili

2 months ago

A) Codes are used to cross-reference transactions - That makes total sense to me. Coding systems are essential for keeping track of all the financial data.

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Jacquline

1 months ago

D) Codes are used in the nominal ledger but not in payroll

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Luis

2 months ago

C) Coding systems are not expandable

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Delsie

2 months ago

B) Codes in coding systems are not unique

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Tyisha

2 months ago

A) Codes are used to cross-reference transactions

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Elvera

2 months ago

I'm not sure about that. I think the answer might be D) Codes are used in the nominal ledger but not in payroll.

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Tora

3 months ago

I agree with Lang. Using codes to cross-reference transactions makes sense in accounting coding systems.

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Lang

3 months ago

I think the answer is A) Codes are used to cross-reference transactions.

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CIMA Exam CIMAPRA17-BA3-1 Topic 4 Question 100 Discussion

Contribute your Thoughts:

Markus

Joseph

Reta

Edelmira

Ellsworth

Margarett

Han

Jamal

Frankie

Glory

Annita

Lottie

Vicky

Cristal

Lili

Jacquline

Luis

Delsie

Tyisha

Elvera

Tora

Lang