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CIMA Exam CIMAPRA19-F03-1 Topic 5 Question 110 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam
Question #: 110
Topic #: 5
[All CIMAPRA19-F03-1 Questions]

HospitalXprovides free healthcare to all members of the community, funded by the central Government.

HospitalYprovides healthcare which has to be paid for by the individual patients. It is a listed company, owned by a large number of shareholders.

In comparing the above two organisations and their objectives, which THREE of the following statements are correct?

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Suggested Answer: E

by Broderick at May 04, 2025, 06:20 AM

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Nettie
1 months ago
I'll have to go with A, C, and D. Seems like a no-brainer to me. Although, I do wonder if the shareholders of Y get free healthcare too. Asking for a friend.
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Elli
3 days ago
C) The performance of X will be appraised primarily on the basis of value for money.
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Loreta
16 days ago
A) X is a not-for-profit organisation while Y is a for-profit organisation.
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Alonzo
2 months ago
This is easy - A, C, and E. X and Y are polar opposites, one is all about profits, the other about serving the community.
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Yesenia
21 days ago
Y is all about making money, so A is correct.
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Nu
27 days ago
I agree, X is definitely a not-for-profit organization.
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Tracey
2 months ago
I believe statement D is true as well. Y is likely to have a mixture of financial and non-financial objectives.
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Verdell
2 months ago
I'm going with A, C, and D. Y as a listed company will likely have a mix of financial and non-financial goals, unlike the solely non-profit X.
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Gilbert
1 months ago
User3: Y is likely to have a mix of financial and non-financial goals, so D is also correct.
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Evette
1 months ago
User2: I agree, X will be appraised on value for money, so C is correct.
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Aliza
2 months ago
User1: I think A is correct, X is a not-for-profit organization while Y is for-profit.
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Stefany
2 months ago
B is clearly wrong. X and Y have completely different objectives - X is focused on providing free healthcare, while Y is a for-profit company.
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Fletcher
24 days ago
E) X and Y will have the same primary non financial objective - provision of quality of health care.
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Loreta
25 days ago
C) The performance of X will be appraised primarily on the basis of value for money.
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Hoa
1 months ago
A) X is a not-for-profit organisation while Y is a for-profit organisation.
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Terrilyn
2 months ago
I agree with that. Statement C is also correct because X's performance will be based on value for money.
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Jesus
2 months ago
I think statement A is correct because X is not-for-profit and Y is for-profit.
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Belen
2 months ago
A and C are definitely correct. X is a not-for-profit funded by the government, so its performance will be assessed on value for money.
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Deonna
1 months ago
That's true, X's objective is to provide quality healthcare efficiently.
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Eliseo
1 months ago
Yes, X is funded by the government so value for money is important.
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Lashawnda
1 months ago
C) The performance of X will be appraised primarily on the basis of value for money.
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Man
2 months ago
A) X is a not-for-profit organisation while Y is a for-profit organisation.
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