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IIBA CBAP Practice Test - Questions Answers, Page 27

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The table illustrates the statement of cash flows for a courier company for the last fiscal year. Due to aggressive market competition, the management of the company performed a strategy review and based on their findings and the current market conditions they came up with strategic and tactical changes in order to keep a competitive market position. In order to strengthen customer retention strategies through a new competitive advantage, the company is considering implementing a live parcel tracking system. The added value will be that the customers may determine the exact location of the parcel whether it is in a warehouse, crossing the ocean through an overseas ship, or travelling in a delivery truck at any time. The system tracks the location of the parcel by tracking the vehicle in which it is contained. However, for a group of old delivery trucks, it was noticed that the engine sound and vibration disturbed the tracking signal and caused interruptions. Therefore, the tracking does not perform accurately on these vehicles. Although the majority of management would like to sell these vehicles and replace them with newer ones, the Chief Financial Officer (CFO) was strongly against that approach. The CFO argued that instead of hanging tracking devices on the trucks' body, they can have the truck drivers manually send the truck location from a hand held mobile device every 30 minutes. The company has a total of 134 old delivery trucks that have been in service for 10 years. Each vehicle was bought at a price of $22,000. Depreciation is done using a straight line basis and it is estimated that the vehicle depreciates at $1000 per year. The estimated salvage value per vehicle is about $3,000. Another area of tactical improvement for the courier company is pricing. The management strongly believes that they can start a price war with the most aggressive competitor. Management thinks, with their variable cost of $4 per parcel and fixed cost of $6 per parcel, they can win the market. However, after implementing the tracking solution, fixed cost will jump to $8 per parcel which made management reconsider their options. The competitor has variable costs of $5 per parcel and fixed costs o $7 per parcel. The CFO's resistance to replacing the older vehicles represents which type of cost?





Question 261

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Which of the following techniques is used to test customer acceptance of the solution and to measure marketplace demand?

A.
Interviews
A.
Interviews
Answers
B.
Market Survey
B.
Market Survey
Answers
C.
Technology Assessment
C.
Technology Assessment
Answers
D.
Prototyping
D.
Prototyping
Answers
Suggested answer: B
asked 18/09/2024
VIVEKANANDAN BALARAMAN
37 questions

Question 262

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Which of the following displays the relative importance of the defects?

A.
Pareto diagram
A.
Pareto diagram
Answers
B.
User Documentation
B.
User Documentation
Answers
C.
Gantt chart
C.
Gantt chart
Answers
D.
Flowchart
D.
Flowchart
Answers
Suggested answer: A
asked 18/09/2024
sarath raj
41 questions

Question 263

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Which of the following is responsible for preparing the business architecture, feasibility studies, and business cases?

A.
Security Administrator
A.
Security Administrator
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B.
Developer
B.
Developer
Answers
C.
Business analyst
C.
Business analyst
Answers
D.
Project leader
D.
Project leader
Answers
Suggested answer: C
asked 18/09/2024
Pang Guo Ming
33 questions

Question 264

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Which of the following is a method of displaying the timelines of all the various subtasks that are involved in any project?

A.
Pie chart
A.
Pie chart
Answers
B.
Scatter chart
B.
Scatter chart
Answers
C.
Activity network diagram
C.
Activity network diagram
Answers
D.
Cost-benefit analysis
D.
Cost-benefit analysis
Answers
Suggested answer: C
asked 18/09/2024
Nicola Grossi
38 questions

Question 265

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Which of the following can be used in root cause analysis?

A.
Pareto chart
A.
Pareto chart
Answers
B.
Data-flow diagram
B.
Data-flow diagram
Answers
C.
Gantt chart
C.
Gantt chart
Answers
D.
Fishbone diagram
D.
Fishbone diagram
Answers
Suggested answer: D
asked 18/09/2024
Josiah Pardee
46 questions

Question 266

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Which of the following diagrams is known as Ishikawa diagram?

A.
Activity
A.
Activity
Answers
B.
Data-flow
B.
Data-flow
Answers
C.
Cost-Benefit
C.
Cost-Benefit
Answers
D.
Cause-and Effect
D.
Cause-and Effect
Answers
Suggested answer: D
asked 18/09/2024
Mokoki Ramoadi
23 questions

Question 267

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All of the following are examples of transference risk response except for which one?

A.
Warranties
A.
Warranties
Answers
B.
Performance bonds
B.
Performance bonds
Answers
C.
Life cycle costing
C.
Life cycle costing
Answers
D.
Use of insurance
D.
Use of insurance
Answers
Suggested answer: C
asked 18/09/2024
Sean Frenette
39 questions

Question 268

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Which of the following represents the duration of activities against a calendar?

A.
Scatter chart
A.
Scatter chart
Answers
B.
Gantt chart
B.
Gantt chart
Answers
C.
Pie chart
C.
Pie chart
Answers
D.
Pareto chart
D.
Pareto chart
Answers
Suggested answer: B
asked 18/09/2024
Zdenek Kugler
32 questions

Question 269

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Which of the following compares two or more systems, states, services, products, or things to determine the best viable choice?

A.
Benchmarking
A.
Benchmarking
Answers
B.
Risk Identification
B.
Risk Identification
Answers
C.
Risk analysis
C.
Risk analysis
Answers
D.
Cost-benefit analysis
D.
Cost-benefit analysis
Answers
Suggested answer: A
asked 18/09/2024
Jeffrey Tiffany
43 questions

Question 270

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Which of the following is described in the statement below?

"It shows the history and pattern of variation. It is a line graph that shows data points plotted in the order in which they occur. They show trends in a process over time, variation over time, or declines or improvements in a process over time. Trend analysis is performed using them."

A.
Cause and effect diagram
A.
Cause and effect diagram
Answers
B.
Histogram
B.
Histogram
Answers
C.
Run chart
C.
Run chart
Answers
D.
Pareto chart
D.
Pareto chart
Answers
Suggested answer: C
asked 18/09/2024
Farrah Colson
34 questions
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