2023 IIBA CCBA–Professional Most Reliable Questions

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CCBA Most Reliable Questions

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IIBA Certification of Capability in Business Analysis (CCBA) Sample Questions (Q312-Q317):

NEW QUESTION # 312
A business analyst has determined that a project should be worth $2,750,000 in four years if her company decides to pursue the project. Assuming the rate of return on the investment is six percent, what is the minimum amount of funds the organization should invest in this project?

A. $2,585,000.00
B. $2,749,001.99
C. $2,178,257.57
D. $165,000

Answer: C

Explanation:
Explanation
To find the solution to this answer, you'll need to use the present value formula which is Present value=future value(1+i)n, where i is the interest rate and n is the power of the number of time periods. In this instance, it's
$2,750,000(1.262) for the present value of $2,178,257.57.
If the cost of the project is more than the present value, it's not a good investment for the organization.
Answer D is incorrect. This is not a valid calculation of the present value formula.
Answer B is incorrect. This is not a valid calculation of the present value formula.
Answer A is incorrect. This is not a valid calculation of the present value formula.

NEW QUESTION # 313
Bob and Susan are business analysts for their organization. They are examining two materials that could be used in an upcoming project.
They are testing the materials and measuring the results of each test to compare the materials to each other. This process will help Bob and Susan determine which material is best for their upcoming project. What type of process are Bob and Susan completing with these materials?

A. Stress test
B. Alternative identification
C. Feasibility study
D. Benchmarking

Answer: D

NEW QUESTION # 314
A project's business requirements require that the new solution reduce the labor costs currently attributed to performing end of month accounting procedures. Currently the company routinely must pay overtime to meet the deadline. The business analyst (BA) has been documenting the process and wants to ensure that the approach to the process design is feasible for the staff who perform the end of month procedures. Which of the following stakeholders will provide this verification?

A. Project sponsor
B. Domain subject matter expert
C. Implementation subject matter expert
D. Operational support

Answer: D

NEW QUESTION # 315
There are three business analysis planning techniques that a business analyst can use to help plan business analysis processes. Which one of the following is not one of the three techniques?

A. Progressive elaboration
B. Process modeling
C. Decision analysis
D. Structured walkthrough

Answer: A

NEW QUESTION # 316
What tool is best described as a spreadsheet to use when there's a relatively low amount of requirements that need to be traced?

A. Quantitative matrix
B. RACI Chart
C. Roles and responsibilities chart
D. Coverage matrix

Answer: D

NEW QUESTION # 317
......

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