CIMA Exam CIMAPRO19-P02-1 Topic 8 Question 103 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam

Question #: 103
Topic #: 8

A not-for-profit organization measures performance using the three Es.

If the organization has been acquiring the resources it needs as cheaply as possible it should be described as having been:

AEfficient

BEffective

CEconomic

DEnterprising

Show Suggested Answer

Suggested Answer: D

by Temeka at Nov 13, 2024, 06:55 PM

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William

1 days ago

I'm torn between B) Effective and C) Economic. I mean, being effective is important, but if you're not being economical, what's the point? Guess I'll go with C) Economic, since that's the one that really captures the essence of what the question is asking.

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Eun

2 days ago

Nah, I'm going with A) Efficient. I mean, if they're getting resources as cheaply as possible, that's got to be the hallmark of an efficient organization, right? Though I do like the sound of 'enterprising', it just doesn't seem to fit here.

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Mattie

3 days ago

Easy peasy, the answer is C) Economic. I mean, who wouldn't want to get the best bang for their buck, right? That's the whole point of being a not-for-profit, isn't it?

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Rebbeca

14 days ago

But what about being effective? Wouldn't that also be important for a not-for-profit organization?

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Yvonne

17 days ago

Hmm, this one's a tricky one. I think the answer is C) Economic, because the organization is focused on acquiring resources as cheaply as possible, which aligns with the concept of being economical.

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Elsa

21 days ago

I agree with Harrison, being efficient means acquiring resources cheaply.

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Harrison

23 days ago

I think the answer is A) Efficient.

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