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The Threat Landscape: Correct 1.00 Points Out of 1.00

The document is a quiz about the role and responsibilities of a Chief Financial Officer (CFO). It consists of 10 multiple choice questions testing knowledge about managing financial risks, using accurate data to create reports and forecasts, ensuring regulatory compliance regarding customer data, and analyzing the financial impact of new business initiatives. The quiz is scored as 10/10 points, with a grade of 100% out of 100%.

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Van le Dang
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0% found this document useful (0 votes)
63 views2 pages

The Threat Landscape: Correct 1.00 Points Out of 1.00

The document is a quiz about the role and responsibilities of a Chief Financial Officer (CFO). It consists of 10 multiple choice questions testing knowledge about managing financial risks, using accurate data to create reports and forecasts, ensuring regulatory compliance regarding customer data, and analyzing the financial impact of new business initiatives. The quiz is scored as 10/10 points, with a grade of 100% out of 100%.

Uploaded by

Van le Dang
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

6/5/2020 Quiz

 The Threat Landscape

Started on Wednesday, May 6, 2020, 9:02 AM


State Finished
Completed on Wednesday, May 6, 2020, 9:06 AM
Time taken 3 mins 50 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
Costs associated with the building’s janitorial contractor.

All the information and data in the company. 

The catered lunch in the boardroom.

The after-hours card games.

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

1.00 points out Select one:


of 1.00
Crafting a better user experience.

Regulatory fines.

Building brand loyalty. 

Decreasing revenues.

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:
Not responsible at all.

Paper assets

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

Just as responsible for the financial risks to those information assets as any others. 

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. 

Billable hours

TPS reports

Timecard reports for individual employees.

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6/5/2020 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:
Several reams of paper.

A gaggle of consultants.

Last quarter’s TPS reports.

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
The next report must have an offsetting error to compensate.

There are no consequences since nobody actually reads those reports.

From having to re-state the data, to being found in violation of financial regulations. 

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.

Access to good information. 

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

To develop new products and services.

To manage the company’s payroll.

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

1.00 points out Select one:


of 1.00
Cyber threats 

Spelling errors

Floods

Earthquakes

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. 

Provides advice on engineering.

Conducts focus group research.

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