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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Josue

2 months ago

Ah, the three Es, eh? I'm curious, do they also have a fourth E for 'Exasperating'? Because that's how I'm feeling right about now trying to figure this one out!

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Tamera

5 days ago

D: Enterprising

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Ethan

7 days ago

B: Effective

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Chantell

11 days ago

A: Efficient

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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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Michel

1 months ago

Yeah, Economic seems like the best choice.

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Delisa

1 months ago

I'm leaning towards Economic as well.

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Cecilia

2 months ago

I agree, being efficient with resources is crucial.

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Margarita

2 months ago

I think being economic is key here.

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Eun

2 months 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

2 months 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

2 months ago

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

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Yvonne

2 months 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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Georgiann

14 days ago

I'm not sure, but I think D) Enterprising could also be a possibility if the organization is being innovative in acquiring resources.

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Franklyn

15 days ago

I agree with C) Economic, it makes sense that the organization is being cost-effective in acquiring resources.

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Mabel

18 days ago

I would go with B) Effective, as it implies the organization is achieving its goals with the resources it has.

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Ngoc

21 days ago

I think the answer is A) Efficient, because it means the organization is using resources in the best way possible.

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Elsa

2 months ago

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

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Harrison

3 months ago

I think the answer is A) Efficient.

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

Contribute your Thoughts:

Josue

Tamera

Ernie

Ethan

Chantell

William

Michel

Delisa

Cecilia

Margarita

Eun

Mattie

Rebbeca

Yvonne

Georgiann

Franklyn

Mabel

Ngoc

Elsa

Harrison