ACCA Applied Knowledge · Business and Technology · Competence frameworks and personal development
An accountant records the courses attended, hours completed and lessons learned in a log to maintain professional competence. This activity is best described as:
This is continuing professional development, the ongoing maintenance and improvement of professional knowledge and skills, evidenced by a record of learning. Performance-related pay, job rotation and succession planning serve different purposes: reward, role variety and future leadership cover.
- AContinuing professional development (CPD)Correct
- BPerformance-related pay
- CJob rotation
- DSuccession planning
Explanation
CPD is the ongoing process of maintaining and developing professional knowledge and skills, and professionals commonly keep records of it. Performance-related pay is a reward system, job rotation moves staff between roles, and succession planning prepares replacements for key posts.
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