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CIMAPRO19-P02-1 Exam - Topic 9 Question 120 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 120
Topic #: 9
[All CIMAPRO19-P02-1 Questions]

Performance measures that monitor the extent to which a not-for-profit organization's objectives have been achieved are measures of:

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Suggested Answer: C

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Mitzie
3 days ago
A) economy is also relevant, as it measures the organization's use of financial resources.
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Shaun
9 days ago
B) efficiency is a good option too. Measuring how well the organization uses its resources to achieve its goals is a measure of efficiency.
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Elenore
14 days ago
C) effectiveness is the correct answer. Measuring how well the organization's objectives are achieved is a measure of effectiveness.
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Denae
19 days ago
I’m confused because economy and efficiency sound similar, but I think effectiveness is more about achieving objectives.
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Wilda
24 days ago
I feel like we had a similar question on our practice exam, and I think the answer was also effectiveness.
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Felix
29 days ago
I remember discussing efficiency vs. effectiveness in class, but I’m not entirely sure which one applies here.
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Beatriz
1 month ago
I think this question is about how well an organization meets its goals, so I’m leaning towards C) effectiveness.
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Bettyann
1 month ago
I'm pretty confident on this one. Effectiveness is about whether the organization is doing the right things to meet its goals, while efficiency is about doing things in the most cost-effective way. So C) effectiveness is the right answer.
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Tonette
1 month ago
Wait, is effectiveness the same as efficiency? I'm getting a bit confused on the definitions here. Maybe I should try to come up with examples of each to help me figure it out.
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Barrett
2 months ago
Okay, I've got this. Effectiveness measures how well the organization is achieving its objectives, so that's the one I'd go with for this question.
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Eden
2 months ago
Hmm, this seems like a tricky one. I'm not totally sure about the differences between those concepts, so I might need to review my notes before answering.
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Aretha
2 months ago
I think this is asking about the different types of performance measures, so I'd focus on understanding the differences between economy, efficiency, and effectiveness.
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