A gap analysis is done to
A)Identify the company's current business processes
B)Help employees adjust to the new system
C)Compare the baseline accounting system to the customized accounting system that meets the company's needs
D)Conform business processes to regulatory requirements

Question

Quizplus · Accepted Answer

A gap analysis is used to compare the current state of a company's processes, practices, or systems to its desired future state. In this case, it is specifically comparing the baseline accounting system with a customized one to see what gaps exist and what changes need to be made to meet the company's needs. Therefore, C is the correct answer. A is incorrect because identifying current business processes may be part of the gap analysis, but it is not the sole purpose. B is incorrect because a gap analysis is not focused on helping employees adjust to a new system, although this may be a result of the analysis. D is incorrect because regulatory compliance may be a factor in the gap analysis, but it is not the only purpose of such an analysis.

A Gap Analysis Is Done to