Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

PMI PfMP Exam - Topic 2 Question 42 Discussion

Even though you do not work in an industry that is heavily regulated by your government, such as in new product development, health, or safety, recently your government issued a mandate that senior management of all corporations must certify the accuracy of reported financial statements to prevent any accounting fraud. These controls are to be implemented in the next fiscal year. This obviously is not in your portfolio strategic or management plans but is an example of a(n):
B) Enterprise environmental factor
A) Mandated component
C) Strategic change
D) Emergent program

PMI PfMP Exam - Topic 2 Question 42 Discussion

Actual exam question for PMI's PfMP exam
Question #: 42
Topic #: 2
[All PfMP Questions]

Even though you do not work in an industry that is heavily regulated by your government, such as in new product development, health, or safety, recently your government issued a mandate that senior management of all corporations must certify the accuracy of reported financial statements to prevent any accounting fraud. These controls are to be implemented in the next fiscal year. This obviously is not in your portfolio strategic or management plans but is an example of a(n):

Show Suggested Answer Hide Answer
Suggested Answer: B

by Chau at Jul 30, 2022, 10:30 AM

Limited Time Offer

25%

Off

Get Premium PfMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Carol
10 months ago
Not sure if this will help much in the long run.
upvoted 0 times
...
Earlean
11 months ago
It’s an enterprise environmental factor for sure!
upvoted 0 times
...
Alpha
11 months ago
Really? I doubt this will actually prevent fraud.
upvoted 0 times
...
Cristal
11 months ago
I agree, it’s all about compliance now.
upvoted 0 times
...
Gerald
11 months ago
This is definitely a mandated component.
upvoted 0 times
...
Janine
11 months ago
I’m leaning towards "mandated component," but I wonder if it could also be considered an emergent program since it’s a new requirement.
upvoted 0 times
...
Pete
11 months ago
I remember discussing strategic changes in class, but this seems more like something imposed from outside the organization.
upvoted 0 times
...
Lindsey
11 months ago
This reminds me of a practice question about regulatory changes impacting strategy. I feel like it could also be an enterprise environmental factor.
upvoted 0 times
...
Portia
11 months ago
I think this might be a mandated component since it's a government requirement, but I'm not entirely sure.
upvoted 0 times
...
Kiley
12 months ago
I got this! The directive allowed EU countries to interpret and implement the rules, while the GDPR is a single, unified law that all countries have to follow. Gotta remember that key distinction.
upvoted 0 times
...
Bong
12 months ago
I feel like performance being unaffected was mentioned in the readings, but I'm stuck between D and B.
upvoted 0 times
...
Brynn
12 months ago
Discounted Cash Flow? That doesn't seem to be directly related to Function Analysis. I'll have to eliminate that one and focus on the other options.
upvoted 0 times
...

Save Cancel