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Isaca CGEIT Exam - Topic 11 Question 25 Discussion

An enterprise is contracting with an outsourcing partner for a long-term engagement. The BEST time for the enterprise to plan for the event of contract termination is when:
C) developing the initial contract.
A) planning for the contract as part of business continuity.
B) issues surface in the contractual relationship.
D) either party decides to terminate the contract.

Isaca CGEIT Exam - Topic 11 Question 25 Discussion

Actual exam question for Isaca's CGEIT exam
Question #: 25
Topic #: 11
[All CGEIT Questions]

An enterprise is contracting with an outsourcing partner for a long-term engagement. The BEST time for the enterprise to plan for the event of contract termination is when:

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Suggested Answer: C

by Dalene at May 09, 2022, 03:46 AM

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Myra
8 months ago
Surprised this isn't common knowledge! Planning ahead is key!
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Maricela
9 months ago
Wait, isn't it too late to plan when issues arise?
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Ling
9 months ago
I think it's crucial to plan for termination as part of business continuity.
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Alishia
9 months ago
I disagree, planning should happen during the contract, not just at the start.
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Jonell
9 months ago
Definitely when developing the initial contract.
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Kimberely
9 months ago
I feel like issues surfacing in the contractual relationship might be too late to start planning. We should have thought about it earlier.
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Stanford
9 months ago
I'm not entirely sure, but I remember something about planning for contract termination as part of business continuity. That could be important too.
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Dana
9 months ago
I think the best time to plan for contract termination is when developing the initial contract. It makes sense to include exit strategies from the start.
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Brande
9 months ago
I recall a practice question that emphasized the importance of planning during the initial contract phase. That seems like the most proactive approach.
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Rikki
9 months ago
I feel pretty confident about this one. Implementing tight controls like mandatory credit checks and overriding credit limits will be key to preventing further bad debts. I'll make sure to select the best options.
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Melodie
10 months ago
I'm feeling confident about this one. I'd start by reviewing the program charter and updating the objectives to align with the subcontractor's incentives. That way, we can avoid any conflicts from the start.
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