IIA Exam IIA-ACCA Topic 8 Question 19 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 19
Topic #: 8

Which of the following statements is most accurate with respect to various forms, elements, and characteristics of business contracts?

AA contract is a tool used by both suppliers and customers, the model and complexity of which generally remains constant

BCollaboration during contract negotiation encourages stakeholders to develop consensus but typically increases cycle times and the likelihood that the contract will fail

CDiffering legal requirements affect the attitudes of contracting parties as well as the length content and language of contracts

DA contract is a tool used by both suppliers and customers though it offers commercial assurance of the relationship, purely from a customer perspective

Show Suggested Answer

Suggested Answer: C

by Rolande at May 03, 2022, 12:11 PM

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