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ASTQB CTAL Exam - Topic 1 Question 21 Discussion

Actual exam question for ASTQB's CTAL exam
Question #: 21
Topic #: 1
[All CTAL Questions]

A Car sales company is financing their customers' vehicles. Financing interest rates are as follows:

(I) For all motorcycles:

a) Customer Credit score 300 - 550

# Annual income US$ 40K-80K - Interest rate 15%

# Annual income US$ 81K-100K- Interest rate 12 %

# Annual income US $ 101K or more - Interest rate 9 %

b) Customer Credit score 551- 680

# Annual income US$ 40K-80K - Interest rate 12%

# Annual income US$ 81K-100K- Interest rate 9 %

# Annual income US $ 101K or more - Interest rate 7 %

c) Customer Credit score 681 or more

# Annual income US$ 40K-80K - Interest rate 10%

# Annual income US$ 81K-100K-Interest rate 6

# Annual income US $ 101K or more - Interest rate 5 %

(II) For all other vehicles the interest rate is 1 % less (from the values given above) for each category mentioned.

a) Ex: Customer Credit score 300 - 550

Annual income US$ 40K-80K - Interest rate 14% and so on.Select the correct decision table from the decision tables given below for the above scenario

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Suggested Answer: A

Contribute your Thoughts:

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Devorah
5 months ago
So, motorcycles really get higher rates than cars? That's surprising!
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Antonio
5 months ago
I agree, the rates drop significantly with better credit!
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Roxanne
5 months ago
Wait, 15% for a credit score under 550? Seems steep!
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Tiara
5 months ago
I think Option B looks right based on the income brackets.
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Gladys
5 months ago
Those interest rates are pretty high for low credit scores!
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Pauline
6 months ago
Hmm, I'm a bit unsure about this one. I know computer-assisted audit techniques are important, but I'm not sure which element is the key one. I might have to think this through a bit more.
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Elouise
6 months ago
I'm a bit unsure about this one. RFM is a common marketing concept, but I'm not totally clear on how it's specifically used. I'll have to review my notes to see if I can figure out the right answer.
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Victor
6 months ago
I think it might be Conversion since it deals with personal property, but I'm not completely sure.
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