CIMAPRO19-P02-1 Exam - Topic 2 Question 49 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam

Question #: 49
Topic #: 2

A company is considering the replacement of its outdated information system.

Which of the following are appropriate approaches for the company to take to assess the potential qualitative benefits of a replacement information system?

(1) Ignore the qualitative benefits that may arise because there is too much subjectivity involved in their assessment.

(2) Attempt to attribute monetary values to each of the qualitative benefits identified.

(3) Acknowledge the existence of qualitative benefits and attempt to assess them in a reasonable manner that is acceptable to all parties.

(4) Attempt to express qualitative benefits in general terms linked to a hierarchy of organizational objectives.

A(1), (2) and (3) only

B(1), (2) and (4) only

C(1), (3) and (4) only

D(2), (3) and (4) only

Show Suggested Answer

Suggested Answer: A

by Simona at May 09, 2022, 01:48 AM

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Tonja

4 months ago

Wait, can we really measure qualitative benefits effectively?

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Joni

4 months ago

Totally agree with (3), we need a balanced view!

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Maryln

4 months ago

(2) sounds tricky, how do you put a price on something subjective?

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Sage

4 months ago

Not sure about (1), seems too dismissive of qualitative benefits.

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Trina

5 months ago

I think (3) and (4) are definitely the way to go!

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Zana

5 months ago

The agile coach should definitely ensure the spikes identify risks early on. That's the whole point of doing spikes, right? I feel pretty confident that option A is the way to go here.

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Pearly

5 months ago

I think the chkdsk command would be the best option here to check and repair any file system errors on the drive.

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Allene

5 months ago

This reminds me of a previous question where we had to hedge with different expirations. But isn't the 9-month put option still the best choice for hedging, despite the mispricing?

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