How to Easily Pass the GAQM CBAF-001 Exam: Expert Advice

Questions 31

Which of the following techniques can be used to pull together the results of an analysis of the external and internal business environment of an organization?

Options:

SWOT analysis.

Resource audit.

Five-forces model.

Balanced business scorecard.

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Questions 32

How would usability and performance requirements be classified?

Options:

As general requirements.

As technical requirements.

As functional requirements.

As non-functional requirements.

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Questions 33

An analyst investigating a finance system wishes to build rapport with individual stakeholders and investigate in detail each stakeholder's views. Which of the following techniques should the analyst use?

Options:

Questionnaires.

Interviewing.

Special purpose records.

Document analysis.

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Questions 34

Which of the following BEST describes the term value proposition?

Options:

The net present value of a proposed project.

The value that a product or service offers to customers.

The proposed value of benefits in a cost-benefit analysis.

The value of the Internal Rate of Return of a project.

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Questions 35

Which of the following statement is TRUE about the process view of an organization?

Options:

It focuses on the customer of the organization.

It focuses solely on the internal view of the organization.

It focuses on the functions of an organization.

It focuses on the organizational structure.

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Questions 36

In which of the following circumstances is supplier power high?

Options:

When switching costs are low.

When there are relatively few customers.

When the supplier brand is powerful.

When alternatives are readily available.

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Questions 37

Which of the following represents the total cash flows of an investment, over a period of time, adjusted to reflect the time value of money?

Options:

The Internal Rate of Return.

The Time to Payback.

The Net Present Value.

The Return on Investment.

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Questions 38

An IT department needs to upgrade its hardware to run the new version of an established operating system. The cost of this required upgrade is $2 million. As an alternative, the IT director has suggested that the company should change to a completely different operating system. Although this will cost $6 million, the change will bring many other benefits, including cheaper maintenance costs and increased security. What is the avoided cost in his proposal?