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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

LFN is a tuition provider

The finance function has recently migrated all accounting systems onto cloud software which is expected to considerably streamline the existing systems.

The Managing Director is keen to promote the benefits of the new software in terms of increased accuracy of reporting and availability of real time management information.

However, the Finance Director has concerns and is feeling pressured to keep quiet about the ability of the technology to achieve all that is expected

Which of the following ethical principles is highlighted within LFN?

Options:

A.

Professional competence

B.

Objectivity

C.

Integrity

D.

Confidentiality

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Question 2

Which of the following is NOT one of the "three V's" of Big Data?

Options:

A.

Volume

B.

Variety

C.

Variability

D.

Velocity

Question 3

Data warehousing is an essential element of the extraction transformation and loading process.

Which of the following best describes data warehousing?

Options:

A.

Examining the data to understand its content formats and structure

B.

Storing data in a systematic and logical way ready for further interrogation.

C.

Data being processed into the destination database ready for use.

D.

The process of harvesting data from source databases and locations.