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IMA CMA Part 1: Financial Planning - Performance and Analytics Sample Questions:

1. To prevent cyoeratiacks. a company recently implemented penetration testing wnich one of tne following statements best descnbes this test?

A) An authorized attempt to break through the company's firev.au
B) A staged break-in of the company s server room after business hours
C) An email testing employee compliance with phishing guidelines
D) A series of attempts to flood the company's network with traffic

2. As part of the COSO Internal Control Framework segregation of duties and documentation are included in which of the components of the COSO model below?

A) Information and communication
B) Risk assessment
C) Operating environment
D) Control activities

3. A scatterplot is an effective visualization technique that is used to

A) illustrate the composition of an aggregate data point that changes over several periods
B) display the distribution of data points for a single variable
C) compare and track the change in data points over multiple time periods.
D) show the relationship of data points for two specific variables

4. A company extracts data from existing data sets to identify customer patterns By doing this, the company is applying

A) prescriptive analysis
B) diagnostic analysis
C) descriptive analysis
D) predictive analysis

5. A plastics manufacturing company is analyzing business units using the BCG Growth-Share Matrix Business Unit A is a market leader with high market share in the plastic container market Unit A's growth in the past three years has been limited due to high regulation and decreasing customer demand Customer satisfaction tor the unit is high Business Unit B is a relatively new business unit which entered the market two years ago with a new, innovative plastic organizer Unit B holds just 5% of the market share but growth has been high for this new product line Throughput time for this unit is lower than the company average with a high number of reworks each month. Which one of the following correctly identifies the BCG Growth-Share matrix for Business Unit A and Business Unit B. respectively?

A) Star dog
B) Cash cow, question mark
C) Star cash cow
D) Question mark, question mark-

Solutions: