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Exam CBAP topic 1 question 269 discussion

Actual exam question from IIBA's CBAP
Question #: 269
Topic #: 1
[All CBAP Questions]

Which of the following compares two or more systems, states, services, products, or things to determine the best viable choice?

  • A. Benchmarking
  • B. Risk Identification
  • C. Risk analysis
  • D. Cost-benefit analysis
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Suggested Answer: A 🗳️

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sojomoojo
1 year, 7 months ago
Benchmarking compares 2 or more while Cost benefits relates to a single assessment of a situation, product or activity
upvoted 1 times
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Mmotun
1 year, 11 months ago
I believe this should be D. Benchmark majorly compares to let the organization know areas of improvement NOT determine best option
upvoted 4 times
Hobic
1 year, 9 months ago
cost-benefit analysis: An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained
upvoted 1 times
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Hobic
1 year, 9 months ago
Benchmarking and Market Analysis: used as a source of business analysis information by comparing a specific process, system, product, service, or structure with some external baseline, such as a similar organization or baseline provided by an industry association.
upvoted 1 times
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MFZZ
2 years, 1 month ago
Assess organisation best in practice
upvoted 1 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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