ACCA Applied Knowledge · Business and Technology · Competence frameworks and personal development
A finance team member is told that her PDP should be SMART. Her draft objective reads: 'Become better at Excel.' Which revision best meets the SMART criteria?
The best revision is to complete an advanced spreadsheet course and build a rolling cash flow model by 30 September. It is specific, measurable, achievable, relevant to her job and time-bound. The other options are vague, have no deadline or give no way to judge whether the objective has been met.
- AComplete an advanced spreadsheet course and build a rolling cash flow model for the department by 30 SeptemberCorrect
- BImprove spreadsheet skills over the coming years as time allows
- CLearn everything possible about Excel and related software
- DAsk colleagues for spreadsheet tips occasionally
Explanation
The first option is specific (advanced course and a model), measurable (completed model), achievable and relevant to her role, and time-bound (30 September). The others are vague, open-ended or have no deadline or measure of success.
Did you get it right without looking?
One question tells you little. A timed set on Competence frameworks and personal development shows your real accuracy, how long you take and where you lose marks.
More Competence frameworks and personal development questions
- A manager sets an objective for her team member: 'Reduce month-end close time from 8 working days to 6 working days by 31 March.' Which SMAR…
- An accountant's continuing professional development (CPD) record shows she attended a seminar on a topic unrelated to her work and has no pl…
- A firm identifies that its audit juniors lack data analytics skills needed under its competence framework. Which sequence reflects the corre…
- Priya has attended many courses and keeps a record of each one with the hours completed, but she has never considered whether the learning i…
- A finance assistant has a long list of tasks. She sorts them by whether each is urgent and whether it is important, and does the urgent and …
- A company introduces a competence framework for its finance department. Which of the following best describes the main purpose of such a fra…