CIMA CIMAPRA19-F03-1 Q&A - in .pdf

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  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
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NEW QUESTION: 1
Which of the following would you expect to see in a Terms Of Reference document?
A. A Data Flow Diagram.
B. Anorganizationchart.
C. A list of constraints.
D. A requirements catalogue.
Answer: C

NEW QUESTION: 2
Health plans conduct evaluations on the efficiency and effectiveness of their quality improvement activities. With regard to the effectiveness of quality improvement plans, it is correct to say that
A. an evaluation of plan effectiveness produces one of two results: the plan either (a) achieved the desired outcomes or (b) did not achieve the desired outcomes and is unlikely to do so under current conditions
B. the effectiveness of an action plan is typically measured with a concurrent evaluation
C. effectiveness is measured by reviewing outcomes to determine the accuracy or appropriateness of the strategy and the adequacy of resources allocated to that strategy
D. effectiveness is the relationship between what the organization puts into an improvement plan and what it gets out of the plan
Answer: C

NEW QUESTION: 3
Which of the following would an IS auditor consider a weakness when performing an audit of an organization that uses a public key infrastructure with digital certificates for its business-toconsumer transactions via the internet?
A. The certificate authority has several data processingsubcenters to administer certificates.
B. Customers can make their transactions from any computer or mobile device.
C. Customers are widely dispersed geographically, but the certificate authorities are not.
D. The organization is the owner of the certificate authority.
Answer: D
Explanation:
If the certificate authority belongs to the same organization, this would generate a conflict of interest. That is, if a customer wanted to repudiate a transaction, they could allege that because of the shared interests, an unlawful agreement exists between the parties generating the certificates, if a customer wanted to repudiate a transaction, they could argue that there exists a bribery between the parties to generate the certificates, as shared interests exist. The other options are not weaknesses.

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