CIPS Exam L3M4 Topic 3 Question 28 Discussion

Actual exam question for CIPS's L3M4 exam

Question #: 28
Topic #: 3

[All L3M4 Questions]

A cross-functional team is created to help progress the development of a new product in a manufac-turing business. Which two of the following activities are unlikely to be allocated to the representa-tive from the accounting and finance function?

ATo calculate anticipated sales demand at the target price

BCalculate the expected overall cost of the product

CPlan the recruitment of additional staff and training of them

DCheck that the expected cost provides a suitable profit margin

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Suggested Answer: A

Technological turbulence creating in its turn, both competitive and market turbulence.

by Marvel at Jan 09, 2025, 12:06 PM

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Eleonora

1 days ago

As an accountant myself, I can say with certainty that C and D are the last things I'd want to be doing on a cross-functional team. Leave the hiring and pricing to the experts, that's what I say!

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Carlota

5 days ago

I'm torn between B and D. The finance person would definitely be all over the costing, but profit margin seems like more of a strategic decision. C is just plain silly - can you imagine an accountant interviewing candidates?

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Jodi

7 days ago

Haha, the accounting guy trying to recruit and train new staff? Good one! That's definitely not their job. I'm going with C and D as the unlikely activities.

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Lili

10 days ago

I believe option A is also unlikely, as it involves sales demand which is not typically handled by accounting and finance.

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Cordell

13 days ago

I agree with Lorrie, planning recruitment and training is more related to HR.

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Leota

14 days ago

I think A and B are the correct answers. The finance person would definitely be calculating the sales forecast and expected costs. C and D seem more like HR and strategy work.

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Alida

16 days ago

The answer is clearly C and D. The accounting and finance rep shouldn't be involved in staffing and pricing decisions. That's more of a marketing and operations role.

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Daren

4 days ago

A) To calculate anticipated sales demand at the target price

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Lorrie

18 days ago

I think option C is unlikely for the accounting and finance representative.

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