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IIA Exam IIA-CGAP Topic 10 Question 92 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 92
Topic #: 10
[All IIA-CGAP Questions]

A centralized purchasing agency organizes purchasing efforts and procurement decisions. All of the following are advantages of central purchasing EXCEPT:

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Suggested Answer: D

by Delsie at Oct 23, 2024, 01:38 AM

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Avery
15 days ago
I hope the answer isn't 'All of the above' because that would just be too easy. Where's the fun in that?
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Ariel
18 days ago
I'm going with B. Difficulties in receiving products to meet specific needs. Central purchasing can be a double-edged sword – it may save money, but it can also limit flexibility and responsiveness to unique requirements.
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Valene
23 days ago
Ha! I bet the correct answer is D. Receiving better price and payment terms. That's the whole point of centralizing purchasing, right? Bulk buying power and all that jazz.
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Josue
3 days ago
A) Increased control over purchases, since all purchases are made through a single source.
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Nguyet
1 months ago
Hmm, I'm not so sure. I think the answer might be C. Reducing the administrative burden of individual agencies, departments, or units. That's one of the main advantages of central purchasing, isn't it?
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Herman
10 hours ago
B: No, I believe it's D. Receiving better price and payment terms.
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Timothy
12 hours ago
A: I think the answer might be B. Difficulties in receiving products to meet specific needs.
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Lynelle
8 days ago
A: I think the answer might be B. Difficulties in receiving products to meet specific needs.
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Erinn
1 months ago
I think the correct answer is B. Difficulties in receiving products to meet specific needs. Central purchasing can sometimes lead to one-size-fits-all solutions that don't quite meet the unique requirements of individual agencies or departments.
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Jani
2 months ago
True, but it does help reduce administrative burden for individual agencies.
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Beckie
2 months ago
But it can be difficult to receive products that meet specific needs.
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Giuseppe
2 months ago
I think central purchasing is great for increasing control over purchases.
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