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4/19/2020 Quiz

 The Threat Landscape

Started on Sunday, April 19, 2020, 5:47 PM


State Finished
Completed on Sunday, April 19, 2020, 5:54 PM
Time taken 6 mins 54 secs
Points 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

1.00 points out Select one:


of 1.00
All the information and data in the company. 

The after-hours card games.

The catered lunch in the boardroom.

Costs associated with the building’s janitorial contractor.

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

1.00 points out Select one:


of 1.00
Building brand loyalty. 

Regulatory fines.

Decreasing revenues.

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?
1.00 points out
of 1.00 Select one:
Just as responsible for the financial risks to those information assets as any others. 

Not responsible at all.

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

Paper assets

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

1.00 points out Select one:


of 1.00
Timecard reports for individual employees.

Reporting on the prior financial performance of the company. 

TPS reports

Billable hours

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4/19/2020 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?
1.00 points out
of 1.00 Select one:
Last quarter’s TPS reports.

A gaggle of consultants.

Several reams of paper.

Accurate and trustworthy information. 

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

1.00 points out Select one:


of 1.00
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.

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

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

1.00 points out Select one:


of 1.00
Accurate inventory data.

Advice of Wall Street analysts.

Access to good information. 

An endless supply of coffee.

Question 8 What is the primary responsibility of a CFO?


Correct

1.00 points out Select one:


of 1.00
To oversee the factory floor.

To manage the company’s payroll.

To develop new products and services.

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

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

1.00 points out Select one:


of 1.00
Floods

Cyber threats 

Earthquakes

Spelling errors

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

1.00 points out Select one:


of 1.00
Analyzes the financial impact. 

Provides advice on engineering.

Conducts focus group research.

Provides advice on marketing.

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