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CIMAPRO19-P02-1 Exam - Topic 2 Question 15 Discussion

Which of the following statements are fundamental concepts that underlie the Beyond Budgeting approach?1. Use traditional budgeting in conjunction with other techniques.2. Use adaptive management processes rather than the more rigid annual budget.3. Move towards devolved networks rather than centralized hierarchies.4. Move towards centralized hierarchies rather than devolved networks.
C) Statements 2 and 3 apply.
A) Statements 1 and 2 apply.
B) Statements 1, 2 and 3 apply.
D) Statements 2, 3 and 4 apply.

CIMAPRO19-P02-1 Exam - Topic 2 Question 15 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 15
Topic #: 2
[All CIMAPRO19-P02-1 Questions]

Which of the following statements are fundamental concepts that underlie the Beyond Budgeting approach?

1. Use traditional budgeting in conjunction with other techniques.

2. Use adaptive management processes rather than the more rigid annual budget.

3. Move towards devolved networks rather than centralized hierarchies.

4. Move towards centralized hierarchies rather than devolved networks.

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Suggested Answer: C

by Stephane at May 08, 2022, 03:49 PM

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Deeann
11 months ago
Centralized hierarchies? That sounds outdated!
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Vivienne
11 months ago
Totally agree with statements 2 and 3!
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Louvenia
11 months ago
Wait, are we really saying traditional budgeting is still relevant?
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Joanna
11 months ago
I think statement 3 is crucial too.
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Viki
11 months ago
Statement 2 is definitely a key part of Beyond Budgeting!
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Lewis
11 months ago
Hmm, I'm a bit unsure about this. I know mind showering is supposed to encourage lots of ideas, but I can't remember if it's focused on quality or quantity. I'll have to think this through carefully.
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Nan
12 months ago
This seems straightforward. I think the answer is B - Select the Hide team option.
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Rashida
12 months ago
Okay, let me think this through step-by-step. I know total float is the amount of time an activity can be delayed without affecting the overall project completion date. I'll need to analyze the critical path and calculate the difference between the latest and earliest finish times.
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