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IASSC ICYB Exam - Topic 6 Question 97 Discussion

Actual exam question for IASSC's ICYB exam
Question #: 97
Topic #: 6
[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.

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Suggested Answer: B

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Jani
15 days ago
Really? A 4.2% return rate seems kinda normal for some products.
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Huey
21 days ago
Wait, how much money are we talking about?
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Olen
26 days ago
Totally agree, that’s not good at all!
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Walton
1 month ago
That's a pretty high return rate for a business.
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Glynda
1 month ago
True. Sounds like Division 16 needs to get their act together and stop losing the company a "whole bunch of money."
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Fannie
1 month ago
False. The business case is too vague and doesn't provide enough information to determine if it's properly constructed.
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Joseph
2 months ago
False. The business case lacks details on the specific costs and the root cause of the high return rate.
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Mozell
2 months ago
I’m confused about the wording. "A whole bunch of money" feels vague, but I guess if returns are high, it could definitely be true.
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Leatha
2 months ago
This sounds familiar! I feel like we discussed how even a small percentage can lead to big costs, so I lean towards true.
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Lilli
2 months ago
I'm not entirely sure, but I remember a similar question where we had to analyze return rates. It might be false if they consider "nearly no returns" as acceptable.
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Glenn
2 months ago
This one's got me a bit confused. The wording about "a whole bunch of money" is kind of ambiguous. I'll need to make sure I really understand the financial implications of the return rate before selecting an answer. Gotta be careful on these tricky business cases.
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Leatha
2 months ago
Okay, let's break this down. The question states the return rate was 4.2%, which is higher than the "nearly no returns" target. So I'm guessing the correct answer is True, since the high return rate would likely cost the company a significant amount of money. Seems pretty straightforward.
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Dante
3 months ago
I think the statement is true because a 4.2% return rate seems significant compared to the target of nearly no returns.
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Cathrine
3 months ago
True. The business case clearly states the problem and the impact on the company.
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Velda
3 months ago
I lean towards true. Returns are costly, that's clear.
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Olive
3 months ago
True. 4.2% is a pretty high return rate, and it's costing the company a lot of money.
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Darnell
4 months ago
Hmm, not sure about this one. The wording is a bit vague - what exactly does "a whole bunch of money" mean? I'll need to think this through carefully to make sure I don't miss any important nuances.
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Deeanna
4 months ago
I think I can handle this one. The key is to focus on the specific details provided in the question - the 4.2% return rate and the target of "nearly no returns." Seems pretty straightforward to determine if the statement is true or false.
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Phung
3 months ago
I agree, the return rate is clearly too high.
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