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2/16/2020 Quiz

 The Threat Landscape

Started on Sunday, 16 February 2020, 5:07 AM


State Finished
Completed on Sunday, 16 February 2020, 5:10 AM
Time taken 2 mins 40 secs
Marks 10.00/10.00
Grade 100.00 out of 100.00
Feedback Congratulations, you have passed.

Question 1 A CFO’s responsibility is to manage financial risk, and that covers which other element?
Correct

Mark 1.00 out of Select one:


1.00
The catered lunch in the boardroom.

All the information and data in the company. 

The after-hours card games.

Costs associated with the building’s janitorial contractor.

Question 2 Being trustworthy with customer data is now a part of which outcome?
Correct

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1.00
Decreasing revenues.

Building brand loyalty. 

Regulatory fines.

Crafting a better user experience.

Question 3 How does a CFO treat intangible assets such as intellectual property, trade secrets, manufacturing methods, and the information
Correct about customers?
Mark 1.00 out of
1.00 Select one:
Paper assets

Not responsible at all.

Just as responsible for the financial risks to those information assets as any others. 

More responsible for the financial risks to those information assets than any others.

Question 4 Looking into the past, a CFO will create which kind of reports?
Correct

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1.00
TPS reports

Timecard reports for individual employees.

Billable hours

Reporting on the prior financial performance of the company. 

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2/16/2020 Quiz

Question 5 Since it uses information from every corner of the business, what does a company’s Enterprise Resource Planning (ERP) system
Correct require to help the CFO understand what’s happening now, and plan for the future?
Mark 1.00 out of
1.00 Select one:
Last quarter’s TPS reports.

Accurate and trustworthy information. 

Several reams of paper.

A gaggle of consultants.

Question 6 What are the consequences if a CFO’s reports are not accurate?
Correct

Mark 1.00 out of Select one:


1.00
Other CFOs in the area will catch the error and help fix it.

From having to re-state the data, to being found in violation of financial regulations. 

The next report must have an offsetting error to compensate.

There are no consequences since nobody actually reads those reports.

Question 7 What does a CFO rely on to create forecasts of what will happen to the company in the future?
Correct

Mark 1.00 out of Select one:


1.00
An endless supply of coffee.

Access to good information. 

Accurate inventory data.

Advice of Wall Street analysts.

Question 8 What is the primary responsibility of a CFO?


Correct

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1.00
To manage the company’s payroll.

To manage the finances and the financial risks of the company. 

To develop new products and services.

To oversee the factory floor.

Question 9 What poses one of the greatest risks to the financial value of a company’s information assets?
Correct

Mark 1.00 out of Select one:


1.00
Floods

Spelling errors

Cyber threats 

Earthquakes

Question 10 What role does a CFO play in new business initiatives, product launches and/or new service offerings?
Correct

Mark 1.00 out of Select one:


1.00
Provides advice on engineering.

Provides advice on marketing.

Analyzes the financial impact. 

Conducts focus group research.

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