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IIBA CBAP Practice Test - Questions Answers, Page 28

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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 271

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Which of the following is the process of defining and analyzing the dangers to individuals, businesses, and government agencies posed by potential natural and human-caused adverse events?

A.
Risk analysis
A.
Risk analysis
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B.
Risk identification
B.
Risk identification
Answers
C.
Risk management
C.
Risk management
Answers
D.
Risk communication
D.
Risk communication
Answers
Suggested answer: A
asked 18/09/2024
Cheikh Ndiaye
34 questions

Question 272

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Which of the following process groups occurs at the beginning of the project?

A.
Executing
A.
Executing
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B.
Planning
B.
Planning
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C.
Initiating
C.
Initiating
Answers
D.
Controlling and Monitoring
D.
Controlling and Monitoring
Answers
E.
Closing
E.
Closing
Answers
Suggested answer: C
asked 18/09/2024
Chukwuebuka Ogbonna
41 questions

Question 273

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Which of the following defines how the project will be estimated, budgeted, and how changes to cost will be managed?

A.
Cost management plan
A.
Cost management plan
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B.
Cost variance reports
B.
Cost variance reports
Answers
C.
Control chart
C.
Control chart
Answers
D.
Coercive power
D.
Coercive power
Answers
Suggested answer: A
asked 18/09/2024
Chan Man Wong
43 questions

Question 274

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Which of the following techniques involves attempting to make and numerically determine the probability of various adverse events and measuring the likely extent of the losses?

A.
Risk analysis
A.
Risk analysis
Answers
B.
Qualitative risk analysis
B.
Qualitative risk analysis
Answers
C.
Risk assessment
C.
Risk assessment
Answers
D.
Quantitative risk analysis
D.
Quantitative risk analysis
Answers
Suggested answer: D
asked 18/09/2024
Sander de Beus
36 questions

Question 275

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Which of the following captures all of the activities within a business, the inputs and outputs of each activity, and the required resources to complete each activity?

A.
Business scenario
A.
Business scenario
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B.
Business process model
B.
Business process model
Answers
C.
Business architecture
C.
Business architecture
Answers
D.
Business case
D.
Business case
Answers
Suggested answer: B
asked 18/09/2024
Eric Zarghami
51 questions

Question 276

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Which of the following is a graphical representation of roles and responsibilities of different project team members?

A.
RACI chart
A.
RACI chart
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B.
Pareto chart
B.
Pareto chart
Answers
C.
Resource histogram chart
C.
Resource histogram chart
Answers
D.
Organization chart
D.
Organization chart
Answers
Suggested answer: A
asked 18/09/2024
Ben Pike
33 questions

Question 277

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Which one of the following diagrams visualize the result of the root cause analysis study?

A.
Activity diagrams
A.
Activity diagrams
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B.
State diagrams
B.
State diagrams
Answers
C.
Tornado diagrams
C.
Tornado diagrams
Answers
D.
Cause-and effect diagrams
D.
Cause-and effect diagrams
Answers
Suggested answer: D
asked 18/09/2024
Mathijn Smit
41 questions

Question 278

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The business process model is also known as _________.

A.
Organization model
A.
Organization model
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B.
Activity model
B.
Activity model
Answers
C.
Relational model
C.
Relational model
Answers
D.
Data flow model
D.
Data flow model
Answers
Suggested answer: B
asked 18/09/2024
Christoph Reithmayr
37 questions

Question 279

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Which of the following techniques is used to divide a project into controllable parts?

A.
Gantt Chart
A.
Gantt Chart
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B.
Pareto Chart
B.
Pareto Chart
Answers
C.
WBS
C.
WBS
Answers
D.
CPM
D.
CPM
Answers
Suggested answer: C
asked 18/09/2024
CHEUNG KA FAI
41 questions

Question 280

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Which of the following can be an effective tool during quality control to help determine the how the problem occurred?

A.
Rework
A.
Rework
Answers
B.
Trend Analysis
B.
Trend Analysis
Answers
C.
Flowcharting
C.
Flowcharting
Answers
D.
Pareto Diagram
D.
Pareto Diagram
Answers
Suggested answer: C
asked 18/09/2024
Arndt Langer
41 questions
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