IIA-CIA-Part2 Exam QuestionsBrowse all questions from this exam

IIA-CIA-Part2 Exam - Question 17


Which of the following is the best problem-solving technique to use when analyzing performance and cost?

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Correct Answer: A

Value analysis is the best technique for analyzing performance and cost because it focuses on improving the value of a product or service by examining its functions and identifying ways to reduce costs while maintaining or improving performance. This method specifically aims at balancing cost and performance, which is essential when addressing both aspects simultaneously.

Discussion

3 comments
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balqis32Option: A
Sep 28, 2023

At the core of value analysis is the goal of cost reduction by means of eliminating avoidable, wasteful processes

KonradKOption: A
Jul 28, 2021

Why A and not C? How Performance can be measured by value analysis when value relates to cost.

KellyOna
Sep 11, 2021

Hi all, please help me understand why it is not C?