CIPS L6M7 Exam Questions Instant Access - No Installation Required

Question 1

In Data Analytics, what is the term 'black swan' used to describe?

AAn unexpected pattern is discovered in the data

BA missing piece of data prevents pattern identification

CA data size too small to extract a meaningful pattern

DA false pattern of data that appears

Answer : D

A black swan refers to false pattern recognition---when a pattern appears in data but does not actually exist.

Question 2

The speed at which data can be transferred and accessed over the internet is known as ... ?

ABandwidth

BLatency

CGigabytes

DTolerance

Answer : B

Latency refers to the time it takes for data to be transmitted. Bandwidth, in contrast, refers to the amount of data that can be transmitted. (P.111)

Question 3

Arnold Park is the UK's leading second-hand car retailer. Customers can purchase cars either at a retail outlet or online. Since the cost of purchase is generally high for the average customer, Arnold Park offers various payment options, including loans.

Arnold Park collects many different types of data on cars and its customers. Which of the following is it most likely to get from a third-party data provider?

ACustomer satisfaction scores

BCredit ratings

CMost popular makes and models

DAverage cost of a car in 2019

Answer : B

Credit ratings are obtained from third-party financial institutions, as Arnold Park does not have direct access to this information. The other options relate to data that Arnold Park can collect internally.

Question 4

It is important for all Procurement and Supply Chain professionals to use Big Data in order to create efficiencies. Is this statement TRUE?

AYes - Big Data can save procurement and supply chain functions money in the long term

BYes - any organisation that refuses to use Big Data will be left behind and be unable to compete

CNo - not all businesses are able to support the use of Big Data

DNo - Big Data can lead to job losses and therefore should be avoided

Answer : C

Not all businesses need Big Data. Investing in technology should be based on a clear return on investment, and some organizations may not have enough data to justify its use. (P.36)

Question 5

Alberto is a member of the IT department and has recently completed an audit at his organisation, which employs over 200 members of staff. He has found evidence of ghost employees. What does this mean, and what should he do?

AA ghost employee is someone who has never existed. He does not need to act as there is no cyber threat.

BA ghost employee is a fake entry someone has created on the HR system. This should be investigated, and the person who entered the data should be disciplined.

CA ghost employee is someone who has left the organisation under suspicious circumstances. An investigation should be launched into why.

DA ghost employee is someone who has left the organisation but whose IT accounts remain active. These accounts should be closed down.

Answer : D

A ghost employee is a former employee whose IT accounts remain active after they have left. These accounts are vulnerable to hacking, as they are often overlooked in security measures. (P.178)

Question 6

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?

AInstallation of malware on hardware devices

BSocial engineering and phishing

CSpreading of rumours

DDenial of service

Answer : B

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

Question 7

What is the correct order of the 'Fetch-Execute' Cycle?

AFetch, Execute, Decode, Store

BFetch, Execute, Store, Decode

CFetch, Decode, Execute, Store

DFetch, Store, Decode, Execute

Answer : C

The correct order is Fetch, Decode, Execute, Store. Fetch (find the instruction), Decode (understand it), Execute (carry out the operation), and Store (save the result). A computer can run this cycle over 2.5 million times per second!

CIPS Commercial Data Management L6M7 Exam Questions