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CIPS Commercial Data Management Sample Questions (Q62-Q67):
NEW QUESTION # 62
Henry is the Head of IT at Purple Rain Ltd and is presenting a case to the Senior Leadership Team to ask for more investment in the company's IT strategy. Henry believes the company has an issue with data resilience and is asking for more money to be invested in this. He has completed a Business Impact Assessment (BIA) to better understand what data the company holds. Jon is the Head of Procurement and has listened intently to Henry's presentation. He has decided to go back to his department and complete a thorough risk assessment, as he is aware his team holds a lot of data on suppliers and contracts. The CEO of Purple Rain, Roger Nelson, has asked Henry about next steps in order to protect the company from further risks associated with the IT strategy. Data is currently stored on servers located at Purple Rain's Headquarters. The server room is locked at all times of the day and is only accessible to staff members who have a key. The building itself is extremely secure with CCTV systems located both inside the server room and outside it. However, the server room is prone to overheating.
What would Procurement's main concern be?
Answer: A
Explanation:
Procurement's primary concern is contractual penalties, as the case study focuses on suppliers and contracts. While delays, lost sales, and customer dissatisfaction are all potential impacts of data disruption, the most immediate risk for procurement is failing to meet contractual obligations. (P.104)
NEW QUESTION # 63
Ramesh is Head of Procurement at Wiggle Waggle Ltd. He is using a tool for predictive modeling and statistical analysis to inform upon future strategic business decisions. Which of the following is he using?
Answer: A
Explanation:
Analytics predicts future trends using data. BI (Business Intelligence) focuses on past and present data but does not predict. Big Data is just large datasets, and Black Box refers to decision-making without transparency.
NEW QUESTION # 64
Tracy is a logistics manager who is using an algorithm to solve a problem. She needs to work out the shortest travel time between a warehouse and a client's location. She is using past data to help solve the problem. What type of algorithm is she using?
Answer: A
Explanation:
This is dynamic programming as it optimizes a problem using past data. Divide and conquer splits the problem into subproblems. Brute force tries all possible solutions until it finds the correct one. Simple recursive is used for repetitive calculations.
NEW QUESTION # 65
Wiggles Ltd works closely with a supplier called Waggles Incorporated. They are considering a merger but this is not yet public knowledge. The CEOs of each organisation have acknowledged the risk of cyber security in relation to the negotiation and have decided to restrict communications between the organisations on the matter to only a few select individuals. What form of cyber threat does this reduce?
Answer: A
Explanation:
If most employees at Wiggles and Waggles don't know the information, they are pointless targets for social engineering. You can only get information from someone who knows something. Option C is incorrect-although restricting information will reduce rumours, this isn't a cyber threat. P.170 Domain: 3.1
NEW QUESTION # 66
Mo works in the finance department of Bubble Bear Ltd and is responsible for paying invoices to suppliers. He is conscious that the data he receives may include errors, omissions, and duplications. He wants to use IT to check the integrity of the data, as manual tests are time-consuming.
What action should Mo take?
Answer: D
Explanation:
Mo should run a script, which is an automated process that checks for errors such as duplicates, missing values, and anomalies in the data. This significantly speeds up data validation compared to manual checking.
NEW QUESTION # 67
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