Association of Chartered Certified Accountants (ACCA) Certification Practice Test

Why might committees delay decision-making?

1. To ensure all perspectives are considered

2. To make hasty decisions

3. To simplify the decision-making process

4. To reduce reporting requirements

The correct answer is: To ensure all perspectives are considered

Committees may delay decision-making to ensure all perspectives are considered. This approach fosters a more thorough and inclusive discussion, allowing members to voice their opinions, share their expertise, and highlight various angles of the issue at hand. By taking the time to deliberate and evaluate different viewpoints, the committee can enhance the quality of the decision-making process. This careful consideration helps in avoiding biases and leads to more informed and effective outcomes, ultimately benefiting the organization as a whole. While making hasty decisions can sometimes seem attractive in time-sensitive situations, it often leads to poor outcomes due to a lack of comprehensive analysis. Similarly, simplifying the decision-making process or reducing reporting requirements might not provide the depth of understanding necessary for effective governance and oversight. Therefore, the practice of delaying decision-making to ensure that different perspectives are adequately considered is crucial in the context of effective committee functioning.