Free Access IIBA.CBAP.v2022-01-26.q161 Practice Test (Page 12)

Question 52

The business analysis approach generally defines all of the following attributes except for which one?

A.Deliverables

B.Requirements for solutions acceptance

C.Analysis technique

D.Team roles

Question 53

You are preparing the business case for a proposed solution in your organization. You need to identify several components for the business case including an assessment of the risks the solution may contain. Which one of the following is the best definition of a risk as it pertains to the business case?

A.Risk is an uncertain event that can cause the organization to lose more monies than it invests in the solution.

B.Risk is an uncertain event or condition that may have both positive and negative affects on the solution.

C.Risk is a potential event that can cause the solution to fail.

D.Risks are threats to the organization's success.

Question 54

A business analyst (BA) conducts a Business rules analysts exercise to identity the organizational rules constraining the project in addition to existing regulations and contracts. what else does the BA check?

A.Backlogs

B.Policies

C.Permissions matrix

D.Business case

Question 55

Which of the following statements best describes the purpose of the confirm elicitation results process?

A.Validate that the stated requirements expressed by the stakeholders match the stakeholders' understanding of the problem and the stakeholders' needs.

B.Validate that the stated requirements expressed by the stakeholders match the project scope.

C.Validate that the stated requirements expressed by the stakeholders match the solution the organization has proposed.

D.Validate that the stated requirements expressed by the stakeholders match the documented requirements of the project sponsor.

Question 56

An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year.
Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals.
A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:
*Total annual premium the customer has with the company (Financial worth)
*Time with the insurance company (Loyalty)
Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium: