CIMA Exam CIMAPRA19-E01-1 Topic 4 Question 86 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam

Question #: 86
Topic #: 4

[All CIMAPRA19-E01-1 Questions]

Which of the following are advantages of outsourcing finance? Select ALL that apply.

ACan help to keep costs down and improve quality.

BThere is a known fee if agreed in advance.

CAllows the organisation's management to focus on its core operations and core issues.

DIncreased control.

ELevel of independence is increased.

FThe external organisation/individual has an increased understanding of the outsourcing business.

GIncreased confidentiality.

HInternal expertise is improved.

Show Suggested Answer

Suggested Answer: A, B, C

by Cordelia at Apr 27, 2024, 07:08 AM

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Grover

5 months ago

I agree with Eve. Having an experienced outsider can definitely help improve quality.

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Alfred

5 months ago

I think F could be valid too. An external expert understanding our business could be beneficial.

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Rosio

5 months ago

True, I believe outsourcing usually means less control. And independence? Not really.

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Melina

5 months ago

Agreed, those are solid reasons. But what about D and E? Increased control doesn't seem right.

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Franchesca

6 months ago

Yeah, keeping costs down and focusing on core issues makes sense to me.

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Yoko

6 months ago

I think A, B, and C are definite advantages.

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