IASSC Exam ICYB Topic 7 Question 61 Discussion

Actual exam question for IASSC's ICYB exam

Question #: 61
Topic #: 7

[All ICYB Questions]

The following Business Case is constructed properly. ''During most of 2008 Division 16 experienced a 4.2% product return rate versus a target of nearly no returns. This costs the company a whole bunch of money.

ATrue

BFalse

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Suggested Answer: A

by Sheron at Mar 10, 2024, 04:31 AM

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Zona

1 months ago

Hmm, 'whole bunch of money' - is that an official financial term? Asking for an accountant friend.

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Melina

1 days ago

User 2

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Val

18 days ago

User 1

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Herman

1 months ago

Ah, the age-old question: Is 4.2% a whole bunch of money? Depends on your definition of 'whole bunch'.

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Elza

5 days ago

B) False

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Ena

19 days ago

A) True

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Harrison

1 months ago

This case is about as clear as mud. I'd need a crystal ball to answer this one.

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Goldie

7 days ago

A) True

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Stefany

10 days ago

I think it's false. The return rate is way too high.

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Cassandra

11 days ago

B) False

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Nadine

24 days ago

A) True

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Jennie

2 months ago

False, the case is missing critical details like the actual cost of the returns and the overall revenue for Division 16.

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Bok

1 months ago

False

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Bok

2 months ago

True

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Titus

2 months ago

True, this business case is well-constructed. The numbers and problem statement are clear.

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Vincenza

2 months ago

A) True

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Craig

2 months ago

B) False

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Joesph

2 months ago

A) True

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