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ISEB Foundation Certificate in Business Analysis Sample Questions:

1. Which of the following statements is TRUE?

A) Discounted cash flows do not usually take into account the time value of money.
B) When comparing two projects, the one with the lower NPV should be preferred.
C) The IRR of every project is based on it achieving a Net Present Value of zero.
D) It is preferable for the calculated IRR of a project to be below bank interest rates,

2. There is a requirement for an employee to enter time worked details into a computerised project reporting system. If this requirement was drawn on a use case diagram, which of the following would be correct?

A) Project reporting system would be an actor, employee a use case.
B) Employee would be the boundary, time details an actor.
C) Enter time details would be a use case, employee an actor.
D) The computer system would be the boundary, the project reporting system a use case.

3. Which of the following may be used as a basis for scripting acceptance tests?

A) Stepwise refinement.
B) Mind maps,
C) Context diagrams.
D) Scenario analysis.

4. Which of the following techniques can be used to pull together the results of an analysis of the external and internal business environment of an organisation?

A) Balanced business scorecard.
B) Five-forces model.
C) Resource audit.
D) SWOT analysis.

5. Which of the following describes the objectives in a MOST analysis?

A) The statements declaring what the business is in and what it intends to achieve.
B) The detailed means by which an agreed business strategy will be implemented.
C) The approach the organisation intends to take to achieve its declared mission.
D) The goals against which the organisation's achievements can be measured.

Solutions: