Association of Chartered Certified Accountants (ACCA) Certification Practice Test

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What is a key consequence of ineffective time management?

Increased revenue
Failure to meet deadlines
Enhanced productivity
Improved teamwork

The correct answer is: Failure to meet deadlines

Ineffective time management can lead to failure to meet deadlines, which is a significant consequence in both personal and professional settings. When individuals or teams do not allocate their time appropriately or prioritize tasks effectively, they may find themselves unable to complete assignments within the stipulated timeframes. This can result in a cascade of negative outcomes, such as decreased credibility, reduced client satisfaction, and overall project delay. Deadlines are essential for maintaining workflow and ensuring that deliverables are met on time. Thus, the inability to adhere to these time constraints due to poor time management highlights the importance of organizing and planning time effectively to achieve desired objectives. In contrast, options suggesting increased revenue, enhanced productivity, and improved teamwork emphasize positive outcomes that typically stem from effective time management rather than its deficiencies.