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CIPS L3M4 Exam - Topic 3 Question 28 Discussion

A cross-functional team is created to help progress the development of a new product in a manufac-turing business. Which two of the following activities are unlikely to be allocated to the representa-tive from the accounting and finance function?
A) To calculate anticipated sales demand at the target price
B) Calculate the expected overall cost of the product
C) Plan the recruitment of additional staff and training of them
D) Check that the expected cost provides a suitable profit margin

CIPS L3M4 Exam - Topic 3 Question 28 Discussion

Actual exam question for CIPS's L3M4 exam
Question #: 28
Topic #: 3
[All L3M4 Questions]

A cross-functional team is created to help progress the development of a new product in a manufac-turing business. Which two of the following activities are unlikely to be allocated to the representa-tive from the accounting and finance function?

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Suggested Answer: A

Technological turbulence creating in its turn, both competitive and market turbulence.


by Marvel at Jan 09, 2025, 12:06 PM

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Susana
9 months ago
Surprised that accounting would even touch sales demand!
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Bok
9 months ago
B and D are definitely their territory.
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Alva
10 months ago
Wait, are we sure they wouldn't help with staffing?
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Tegan
10 months ago
I agree, C seems out of their scope.
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Val
10 months ago
Definitely not planning recruitment, that's HR's job!
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Nikita
10 months ago
I could be wrong, but I think checking profit margins is definitely something finance would do, so that might not be the right answer.
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Kasandra
11 months ago
I feel like we had a practice question about roles in cross-functional teams, and it seemed like finance wouldn't handle staffing directly.
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Rebbecca
11 months ago
I'm not entirely sure, but I think calculating anticipated sales demand might be more of a marketing task than finance.
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Bernardo
11 months ago
I remember we discussed how accounting usually focuses on costs and profits, so maybe planning recruitment isn't their main role?
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Meghan
11 months ago
I've got this! The accounting and finance person wouldn't be involved in forecasting sales demand or planning staffing, so I'll choose A and C.
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Alaine
11 months ago
Okay, let's see. The accounting and finance rep would likely be responsible for calculating costs and profit margins, but probably not for planning recruitment or training. I'll go with C and D.
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Whitney
11 months ago
Hmm, I'm a bit unsure about this one. I'll need to carefully read through the options and think about the typical responsibilities of the accounting and finance function.
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Cherry
11 months ago
This question seems straightforward. I'll focus on identifying the two activities that are unlikely to be allocated to the accounting and finance representative.
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Eleonora
1 year ago
As an accountant myself, I can say with certainty that C and D are the last things I'd want to be doing on a cross-functional team. Leave the hiring and pricing to the experts, that's what I say!
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Thad
1 year ago
A: Let's focus on what we do best and leave the rest to the other team members.
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Moon
1 year ago
B: Definitely, planning recruitment and checking profit margins should be left to the HR and sales teams.
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Toshia
1 year ago
A: I agree, calculating anticipated sales demand and expected overall cost are more in line with our expertise.
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Lyla
1 year ago
B) Calculate the expected overall cost of the product
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Kanisha
1 year ago
A) To calculate anticipated sales demand at the target price
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Katheryn
1 year ago
B) Calculate the expected overall cost of the product
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Kathrine
1 year ago
A) To calculate anticipated sales demand at the target price
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Carlota
1 year ago
I'm torn between B and D. The finance person would definitely be all over the costing, but profit margin seems like more of a strategic decision. C is just plain silly - can you imagine an accountant interviewing candidates?
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Jodi
1 year ago
Haha, the accounting guy trying to recruit and train new staff? Good one! That's definitely not their job. I'm going with C and D as the unlikely activities.
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Lili
1 year ago
I believe option A is also unlikely, as it involves sales demand which is not typically handled by accounting and finance.
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Cordell
1 year ago
I agree with Lorrie, planning recruitment and training is more related to HR.
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Leota
1 year ago
I think A and B are the correct answers. The finance person would definitely be calculating the sales forecast and expected costs. C and D seem more like HR and strategy work.
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Denise
1 year ago
B) Calculate the expected overall cost of the product
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Zoila
1 year ago
A) To calculate anticipated sales demand at the target price
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Alida
1 year ago
The answer is clearly C and D. The accounting and finance rep shouldn't be involved in staffing and pricing decisions. That's more of a marketing and operations role.
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Rhea
1 year ago
D) Check that the expected cost provides a suitable profit margin
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Odette
1 year ago
C) Plan the recruitment of additional staff and training of them
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Olene
1 year ago
B) Calculate the expected overall cost of the product
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Daren
1 year ago
A) To calculate anticipated sales demand at the target price
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Lorrie
1 year ago
I think option C is unlikely for the accounting and finance representative.
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