IIA Exam IIA-CFSA Topic 5 Question 68 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 68
Topic #: 5

Strategic planning is the process of taking a long-term view of the organization, the longer the view, the greater the uncertainty of risks and opportunities. Such reservations can better be handled by:

ATimely decisions

BFlexible/ Adaptive plans and processes

CPeriodic risk assessments

DFocusing on current period organizational activity

Show Suggested Answer

Suggested Answer: D

by Queen at Dec 10, 2024, 11:20 AM

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Ressie

3 months ago

Looks like we've got a choice between being prepared, being adaptable, or being in denial. Personally, I'm going with the one that doesn't involve a blindfold and a crash helmet.

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Blondell

30 days ago

C) Periodic risk assessments

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Delsie

1 months ago

B) Flexible/ Adaptive plans and processes

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Frank

2 months ago

A) Timely decisions

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Gregoria

3 months ago

Focusing on the current period? That's like trying to plan a road trip while only looking at the next mile. You gotta think bigger, folks!

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Paulina

1 months ago

B) Flexible/ Adaptive plans and processes

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Joanna

2 months ago

C) Periodic risk assessments

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Layla

2 months ago

I agree, looking at the bigger picture is crucial for strategic planning.

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Stephaine

2 months ago

B) Flexible/ Adaptive plans and processes

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Glennis

2 months ago

C) Periodic risk assessments

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Bok

2 months ago

B) Flexible/ Adaptive plans and processes

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Britt

2 months ago

A) Timely decisions

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Hortencia

2 months ago

A) Timely decisions

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Sherman

3 months ago

Timely decisions are great, but you need the right tools to make those calls. Flexibility and risk management are key in strategic planning.

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Leonida

3 months ago

Periodic risk assessments are crucial to staying on top of potential pitfalls. I'd rather be prepared than surprised, you know?

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Leontine

1 months ago

Making timely decisions is also important to address risks promptly.

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Willis

2 months ago

A) Timely decisions

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King

2 months ago

Definitely, having flexible plans can help adapt to any unexpected changes.

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Kate

2 months ago

B) Flexible/ Adaptive plans and processes

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Samira

2 months ago

I agree, periodic risk assessments are key to being prepared for any potential risks.

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Catina

2 months ago

C) Periodic risk assessments

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Daren

2 months ago

B) Flexible/ Adaptive plans and processes

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Celeste

2 months ago

C) Periodic risk assessments

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Francine

2 months ago

B) Flexible/ Adaptive plans and processes

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Jani

2 months ago

A) Timely decisions

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Raymon

2 months ago

A) Timely decisions

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Tuyet

3 months ago

Flexible and adaptive plans are the way to go when dealing with long-term uncertainties. Ain't nobody got time for rigid plans in a changing world!

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Carissa

3 months ago

I believe periodic risk assessments are also important to address uncertainties in strategic planning.

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Tegan

3 months ago

I agree with Roxane. Long-term planning requires flexibility to adapt to changing circumstances.

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Roxane

4 months ago

I think the answer is B) Flexible/ Adaptive plans and processes.

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