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CIMA Exam CIMAPRO19-P02-1 Topic 8 Question 103 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 103
Topic #: 8
[All CIMAPRO19-P02-1 Questions]

A not-for-profit organization measures performance using the three Es.

If the organization has been acquiring the resources it needs as cheaply as possible it should be described as having been:

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Suggested Answer: D

by Temeka at Nov 13, 2024, 06:55 PM

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Josue
1 months ago
Ah, the three Es, eh? I'm curious, do they also have a fourth E for 'Exasperating'? Because that's how I'm feeling right about now trying to figure this one out!
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William
1 months ago
I'm torn between B) Effective and C) Economic. I mean, being effective is important, but if you're not being economical, what's the point? Guess I'll go with C) Economic, since that's the one that really captures the essence of what the question is asking.
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Michel
20 days ago
Yeah, Economic seems like the best choice.
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Delisa
27 days ago
I'm leaning towards Economic as well.
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Cecilia
1 months ago
I agree, being efficient with resources is crucial.
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Margarita
1 months ago
I think being economic is key here.
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Eun
1 months ago
Nah, I'm going with A) Efficient. I mean, if they're getting resources as cheaply as possible, that's got to be the hallmark of an efficient organization, right? Though I do like the sound of 'enterprising', it just doesn't seem to fit here.
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Mattie
1 months ago
Easy peasy, the answer is C) Economic. I mean, who wouldn't want to get the best bang for their buck, right? That's the whole point of being a not-for-profit, isn't it?
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Rebbeca
2 months ago
But what about being effective? Wouldn't that also be important for a not-for-profit organization?
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Yvonne
2 months ago
Hmm, this one's a tricky one. I think the answer is C) Economic, because the organization is focused on acquiring resources as cheaply as possible, which aligns with the concept of being economical.
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Mabel
2 days ago
I would go with B) Effective, as it implies the organization is achieving its goals with the resources it has.
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Ngoc
4 days ago
I think the answer is A) Efficient, because it means the organization is using resources in the best way possible.
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Elsa
2 months ago
I agree with Harrison, being efficient means acquiring resources cheaply.
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Harrison
2 months ago
I think the answer is A) Efficient.
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