2/16/2020 Quiz
The Threat Landscape
Started on Sunday, 16 February 2020, 5:07 AM
State Finished
Completed on Sunday, 16 February 2020, 5:10 AM
Time taken 2 mins 40 secs
Marks 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
Mark 1.00 out of Select one:
1.00
The catered lunch in the boardroom.
All the information and data in the company.
The after-hours card games.
Costs associated with the building’s janitorial contractor.
Question 2 Being trustworthy with customer data is now a part of which outcome?
Correct
Mark 1.00 out of Select one:
1.00
Decreasing revenues.
Building brand loyalty.
Regulatory fines.
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?
Mark 1.00 out of
1.00 Select one:
Paper assets
Not responsible at all.
Just as responsible for the financial risks to those information assets as any others.
More responsible for the financial risks to those information assets than any others.
Question 4 Looking into the past, a CFO will create which kind of reports?
Correct
Mark 1.00 out of Select one:
1.00
TPS reports
Timecard reports for individual employees.
Billable hours
Reporting on the prior financial performance of the company.
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2/16/2020 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?
Mark 1.00 out of
1.00 Select one:
Last quarter’s TPS reports.
Accurate and trustworthy information.
Several reams of paper.
A gaggle of consultants.
Question 6 What are the consequences if a CFO’s reports are not accurate?
Correct
Mark 1.00 out of Select one:
1.00
Other CFOs in the area will catch the error and help fix it.
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.
Question 7 What does a CFO rely on to create forecasts of what will happen to the company in the future?
Correct
Mark 1.00 out of Select one:
1.00
An endless supply of coffee.
Access to good information.
Accurate inventory data.
Advice of Wall Street analysts.
Question 8 What is the primary responsibility of a CFO?
Correct
Mark 1.00 out of Select one:
1.00
To manage the company’s payroll.
To manage the finances and the financial risks of the company.
To develop new products and services.
To oversee the factory floor.
Question 9 What poses one of the greatest risks to the financial value of a company’s information assets?
Correct
Mark 1.00 out of Select one:
1.00
Floods
Spelling errors
Cyber threats
Earthquakes
Question 10 What role does a CFO play in new business initiatives, product launches and/or new service offerings?
Correct
Mark 1.00 out of Select one:
1.00
Provides advice on engineering.
Provides advice on marketing.
Analyzes the financial impact.
Conducts focus group research.
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