BICSI Exam RCDDv14.1 Topic 3 Question 42 Discussion

Actual exam question for BICSI's RCDDv14.1 exam

Question #: 42
Topic #: 3

The new performance financial system is delivered lo all business entities on time following a one-year implementation program After six months of utilization the global finance department one of the main beneficiaries of the program, determines that quality and level of granularity of the financial data is not sufficient for them to analyze the key performance indicators (KPIs) defined Additionally, the global finance department is missing the analytical tools required to understand the causes of discrepancies

To address these shortcomings the global finance department submits a request for a follow-up initiative through the process defined by which of the following documents?

ABenefits sustainment plan

BBenefits governance plan

CBenefits realization report

DBenefits transition plan

Show Suggested Answer

Suggested Answer: B

by Reiko at Sep 12, 2024, 11:52 PM

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Shanice

2 months ago

The benefits realization report - that's the one that sounds like it would help the finance department get the improvements they need. Unless, of course, they're feeling 'granular' and want to get 'analytical' with the benefits governance plan.

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Essie

2 months ago

This is a tricky one, but I'm going with C. The benefits realization report sounds like the appropriate document to use for addressing the shortcomings of the current system.

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Krystina

7 days ago

Hopefully not too long. It's crucial for the finance department to have access to accurate and detailed financial data for decision-making.

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Ilda

9 days ago

I wonder how long it will take for the follow-up initiative to be implemented once the request is submitted.

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Leonida

11 days ago

Agreed. It's important for the global finance department to have the necessary tools to analyze their KPIs effectively.

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Carey

1 months ago

I think C is the right choice too. The benefits realization report should help identify where improvements are needed.

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Dortha

3 months ago

A benefits transition plan doesn't seem relevant here, as the system is already in use. The finance department is looking to enhance the existing system, not transition to a new one.

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Bambi

1 months ago

A: Agreed, it's important for them to have the right tools for analyzing KPIs.

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Rolland

1 months ago

B: Yeah, that would help them address the shortcomings in the financial data.

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Avery

2 months ago

A: I think the global finance department should go for a Benefits governance plan.

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Quentin

3 months ago

The global finance department is clearly not satisfied with the current system, so they would need to submit a request through the benefits realization report to get the necessary improvements.

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Domonique

3 months ago

I think the correct answer is C) Benefits realization report. This document would be used to address the issues identified with the financial data quality and analytical tools.

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