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?

ATo calculate anticipated sales demand at the target price

BCalculate the expected overall cost of the product

CPlan the recruitment of additional staff and training of them

DCheck that the expected cost provides a suitable profit margin

Show Suggested Answer

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

3 months ago

Surprised that accounting would even touch sales demand!

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Bok

3 months ago

B and D are definitely their territory.

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Alva

3 months ago

Wait, are we sure they wouldn't help with staffing?

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Tegan

4 months ago

I agree, C seems out of their scope.

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Val

4 months ago

Definitely not planning recruitment, that's HR's job!

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Nikita

4 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

4 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

4 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

5 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

5 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

5 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

5 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

5 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

10 months 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

9 months ago

A: Let's focus on what we do best and leave the rest to the other team members.

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Moon

9 months ago

B: Definitely, planning recruitment and checking profit margins should be left to the HR and sales teams.

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Toshia

9 months ago

A: I agree, calculating anticipated sales demand and expected overall cost are more in line with our expertise.

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Lyla

9 months ago

B) Calculate the expected overall cost of the product

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Kanisha

9 months ago

A) To calculate anticipated sales demand at the target price

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Katheryn

9 months ago

B) Calculate the expected overall cost of the product

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Kathrine

9 months ago

A) To calculate anticipated sales demand at the target price

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Carlota

10 months 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

10 months 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

10 months 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

10 months ago

I agree with Lorrie, planning recruitment and training is more related to HR.

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Leota

11 months 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

9 months ago

B) Calculate the expected overall cost of the product

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Zoila

10 months ago

A) To calculate anticipated sales demand at the target price

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Alida

11 months 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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