Started on Sunday, May 28, 2023, 10:30 PM

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Completed on Sunday, May 28, 2023, 11:39 PM
Time taken 1 hour 8 mins
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Question 1

Correct

Points out of 1.00

The Close, Consolidate, and Report use case is industry-

agnostic; every organization performs the consolidation
process. If the consolidation use case is on a client’s agenda,
it’s usually the lead agenda item. What is NOT true when selling
the Close, Consolidate, and Report use case?

A benefit of the consolidation use case is that it is a true

application focus with extremely low cost of ownership and
rapid implementation time

The consolidation use case will drive interest in the office

of finance for the planning, budgeting, and forecasting use
case

A win in the consolidation use case will likely lead to a win

for planning and business intelligence use cases as well

The consolidation use case will require more users (who 

are power users) than IBM's other two business
analytics use cases
Question 2

Correct Back Next

Points out of 1.00

All departments and disciplines need planning tools to help

with which one of the following critical tasks?

Providing insights and helping to manage performance 

Providing continuous collaboration

Updating divisional expense plans

Generating consolidated financial statements

Question 3

Correct

Points out of 1.00

There are many competing point solutions available in the

market today that provide clients with a variety of choices for
how to address business analytics use cases. Yet no other
vendor seamlessly integrates all of the key capabilities required
a single solution which is what makes the IBM Business
Analytics solution so different. What are these key capabilities?

Forecast, Execute, Monitor, Analyze, Close, and Report

Plan, Integrate, Monitor, Analyze, Report, and Predict

Plan, Deploy, Monitor, Analyze, Consolidate, and Report

Plan, Execute, Monitor, Report, Analyze, and Predict 

Question 4

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Points out of 1.00

Business analytics has a broad spectrum of buyers because,

uniquely, business analytics is a solution that touches every
department at every level in an organization. Who are the key
influencers for purchasing decisions on BA software?

Data Scientists or Sales & Marketing Managers

Director of IT or Analytics 

C-Suite and Executives

Business or operation analysts

Question 5

Correct

Points out of 1.00

Your client is interested in proceeding to the next steps.  In

order to progress this opportunity, you inform the client that
IBM offers free trials to get started using the software. Which
are the recommended product trials for IBM Business Analytics
use cases?

Planning Analytics and Cognos Analytics 

Cognos Analytics and Cognos Controller

Cognos Controller and Planning Analytics

Cloud Pack for Data and Planning Analytics

Question 6

Correct Back Next

Points out of 1.00

The reality is that organizations are concerned that their

existing applications aren't meeting expectations.  Which
barriers are preventing employees from making data-driven
decisions?

Unable to monitor real-time results, no containerization,

and no universal query engine

Inability to use unstructured data, vendor lock-in, and no

hybrid cloud options

Inaccurate data and forecasts, too many data silos, 

unable to react quickly, and over-reliance on IT

Unable to auto-generate scenario planning models, unable

to run on any cloud, and no data virtualization

Question 7

Correct

Points out of 1.00

IBM Business Analytics provides a continuum of capabilities,

which scale organically across the enterprise. Which one of the
following statements is FALSE regarding IBM Business
Analytics capabilities?

Execution capabilities secure alignment across business 

units and promote high participation in the planning
cycle

Reporting distributes results to all key stakeholders to

share a single version of the truth across an organization

Analytics capabilities allow all users to explore what is

happening and why, by asking questions, sharing insights,
and visualizing results

Continuous monitoring allows users to identify and

respond to market events and to react at the speed of
business
Question 8

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Points out of 1.00

You're putting together a talk on IBM Business Analytics, and

you want to start with a single statement that really captures
the IBM value proposition.  You decide to start your talk off with
which statement?

Self-service data preparation which reduces time to insight

Exploring the underlying patterns and relationships hidden

in enterprise data

Breaking down silos and generating a view of a 

business's departmental or organizational plan

Data distribution and delivery to internal and external

stakeholders

Question 9

Incorrect

Points out of 1.00

You're visiting a client, and are meeting with some business

users from Office of Finance, where the common tool for
entering data for plans, budgets, and forecasts is a
spreadsheet. They have Excel loaded onto their laptops, and
although it provides a simple, easy-to-use tool that is widely
used by users, there are many drawbacks. Which one of the
following statements is NOT a drawback of using spreadsheets
for planning purposes?

Spreadsheets are typically used offline and therefore

disconnected from the master data source

Spreadsheets are famously prone to input errors by users

Spreadsheets are common and little to no specialized

training is required

Consolidating multiple spreadsheets into a master file is 

tedious and error prone
Question 10

Correct Back Next

Points out of 1.00

You're visiting a client and you find yourself in an elevator with

one of the main decision makers for their analytics practice. You
have 30-seconds to explain the benefits of IBM Business
Analytics to her: which one of the following pitches should you
use to spark her interest?

IBM's business analytics solution provides a framework

that centralizes all of an organization's data and provides
self-service access to this data through a variety of multi-
disciplinary tools.

IBM has a business analytics solution that's composed 

of automated data analysis practices, tools, and
services that help you understand both what is
happening in your business and why. This improves
decision-making and helps plan for the future.

Without business analytics, data consumers spend

excessive time building dashboards, reports, and machine
learning models, to prepare the data they need, because
they have no tools to automate this function.

Business analytics is a critical function that employs AI to

intelligently automate the identification, monitoring, and,
subsequently, the enforcement of policies on sensitive data
across the organization.
Question 11

Correct Back Next

Points out of 1.00

The research firm Ventana Research found that "With modern

technology increasingly available, organizations are coming to
recognize the need for analytics capabilities”. Which of the
following is NOT a finding of their research?

There is a correlation between the type of software a

company uses for budgeting and financial planning, and
how well these processes work

Allows departments to begin to serve as a strategic partner

to the rest of the company

Digital transformation has happened in most companies 

A faster close promotes agility in responding to markets

and competitors

Question 12

Correct

Points out of 1.00

What is a challenge faced by organizations as part of the

financial close, and consolidation process?

Simple subsidiary transactions, which do not require

adjustments

Universal accounting rules across all geographic locations

Disparate data, with differing currencies and accounting 

rules

Low likelihood of errors and inaccurate data

Question 13

Correct Back Next

Points out of 1.00

You are whiteboarding about key capabilites with your clients. 

Which one of the following would NOT be included in your
whiteboard illustration?

Provides a way to visualize analysis in a compelling data

story to communicate results across the organization

Provides a canvas which guides users to understand the

relationships in the data and presents interesting insights

Enables users with a self-service platform which provides

access to all of the data they need

Provides auto-generated AI business models for 

forecasting and planning scenarios

Question 14

Correct

Points out of 1.00

According to recent analyst reports, by 2025, which percentage

of Global 2000 Business-to-Business firms are estimated to
use AI-powered, omni-channel sales intelligence applications
with real-time customer and enterprise data.

70%

40%

60% 

50%
Question 15

Incorrect Back Next

Points out of 1.00

A client is listing many of the pain points they are currently

experiencing in their organization. Which one of the following
needs/requirements indicated by the client suggest they will
benefit from a business analytics solution?

To consolidate all data into a single source for the entire

the organization

To eliminate a need for other technologies across different

departments

To make the most effective strategic decisions to increase

profitable revenue growth

To centralize tooling for the movement, cleansing, and 

transformation of data

Question 16

Correct

Points out of 1.00

What is the most important point clients need to understand

about business analytics?

It has the power to transform the way an organization 

works

It provides a fully automated AI analysis and reporting tool

It centralizes all of an organization's data into a single

repository

It allows data to be freely shared across silos and

functional areas
Question 17

Correct Back Next

Points out of 1.00

Which one of the following is true about packaging for IBM

Business Analytics solution use cases?

IBMs Business Analytics solution is sold as a single part,

cloud-only, subscription based per user

IBMs Close, Consolidate, and Report solution has a server

deployment option with a minimum of 20 users

IBM’s Planning, Budgeting, and Forecasting solution has 

both cloud and on-premises deployment options

IBM’s Business Intelligence solution is only available either

in the cloud or as cartridge for Cloud Pak for Data

Question 18

Correct

Points out of 1.00

As data volumes increase, it’s nearly impossible to quickly and

accurately process business data and spot hidden trends,
patterns, and business drivers. Modern planning analytics
solutions can help customers experience which percentage of
faster processing time?

70%

90%

60%

80% 
Question 19

Correct Back Next

Points out of 1.00

A client indicates that they are facing many challenges which

affect their ability to make the most effective strategic
decisions impacting their business. Which one of the following
challenges can IBM Business Analytics help resolve for them?

We need all users to have access to data, but first we need

data governance solutions

We need a complete data picture which is managed fully by

IT

We have inaccurate data, and need a data data lake

implemented

We need to link our strategy to execution, but we are 

unable to quickly react to changes

Question 20

Correct

Points out of 1.00

All employees should be using data and analytics to make

decisions, or at least have access to it. The largest group of data
users are the Information Consumers. What percentage of
users does this group represent?

15%

35%

25% 

50%
Question 21

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Points out of 1.00

Business analytics is an essential requirement for which one of

the following?

Data-driven decision-making 

Meeting revenue expectations

Compliance and regulatory requirements

Supply chain optimization

Question 22

Incorrect

Points out of 1.00

Which of the following is an example of a challenge that clients

must overcome in order to keep up with the pace of decision
making?

Agile line of business 

Accurate data

 Antiquated and disconnected systems

Strategically linked decisions to execution

Question 23

Correct Back Next

Points out of 1.00

HR departments use business analytics for which one of the

following pairs of use cases:

Optimizing sales quotas and territory planning

Optimizing wallet share and automating processes

Optimizing headcount and workforce capacity 

Optimizing physical inventory and supply and demand

planning

Question 24

Correct

Points out of 1.00

Which one of the following is NOT a capability of predictive

analytics?

Forecast results and optimize outcomes

Automate data preparation for analysis 

Anticipate and respond to unexpected disruptions to the

business

Test scenarios before implementing plans to see the

potential impact of any decisions
Question 25

Incorrect Back Next

Points out of 1.00

Which one of the following options is a necessary condition in

order for a business intelligence platform to be adopted?

It must be externally audited and drive investment

decisions

It must update divisional expense plans

It must meet the analysis and reporting requirements of all

types of users

It must generate an integrated view of a business's 

organizational plan