4/27/2020 Quiz

 The Threat Landscape

Started on Monday, April 27, 2020, 6:47 PM

State Finished
Completed on Monday, April 27, 2020, 6:51 PM
Time taken 3 mins 25 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
The after-hours card games.

Costs associated with the building’s janitorial contractor.

The catered lunch in the boardroom.

All the information and data in the company. 

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. 

Crafting a better user experience.

Decreasing revenues.

Regulatory fines.

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:
Paper assets

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.

Not responsible at all.

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

1.00 points out Select one:

of 1.00
Reporting on the prior financial performance of the company. 

Timecard reports for individual employees.

TPS reports

Billable hours

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4/27/2020 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:
A gaggle of consultants.

Accurate and trustworthy information. 

Last quarter’s TPS reports.

Several reams of paper.

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

1.00 points out Select one:

of 1.00
There are no consequences since nobody actually reads those reports.

The next report must have an offsetting error to compensate.

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. 

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
Access to good information. 

Accurate inventory data.

An endless supply of coffee.

Advice of Wall Street analysts.

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
Cyber threats 

Spelling errors

Earthquakes

Floods

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
Provides advice on marketing.

Analyzes the financial impact. 

Conducts focus group research.

Provides advice on engineering.

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