Updated: Sep 04, 2025
No. of Questions: 47 Questions & Answers with Testing Engine
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1. What is the most comprehensive way that the office of finance can use business intelligence and performance management to make even their own department more efficient?
A) To drive dynamic Financial Performance Management (FPM) practices through automation
B) To protect profitable customers and manage unprofitable ones
C) To improve sales forecasting
D) To connect to multiple data sources
2. Which feature of IBM Cognos TM1 allows users to create an unlimited number of personal scenarios with forecasted outcomes and then submit the one that best meets the organization's goals?
A) Cube viewer
B) Sandbox
C) Breakback
D) Action buttons
3. Which characteristic of IBM Cognos TM1 provides near-instantaneous responsiveness when working with complex models?
A) Built-in data integration
B) Simple modeling language
C) Multi-dimensional database
D) In-memory analytics
4. Which of the following is not a challenge that IBM's Enterprise Disclosure Management solutions are specifically designed to address?
A) Time consuming manual processes, replacing them with intelligent process design and automation
B) Unable to bring together BI data and performance management reports and combine them with narrative analysis.
C) Easily query data and create ad-hoc reports
D) Inability to effectively manage security, controls and governance
5. Which statement is TRUE regarding IBM's Business Analytics SPM solutions?
A) Its predictive analytics module is used extensively by the finance team.
B) It allows sales reps to manage shadow accounting.
C) It is typically owned and managed by business users.
D) It helps sales managers build compensation plans online.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: C |
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