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IASSC ICYB Exam - Topic 7 Question 55 Discussion

Actual exam question for IASSC's ICYB exam
Question #: 55
Topic #: 7
[All ICYB Questions]

The following Business Case is constructed properly.

''During 2009 the commercial loan division experienced a 2.7% default rate versus a target of less than .5%. This costs the bank in excess of $250,000 quarterly.''

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Suggested Answer: A

by Albina at Oct 22, 2023, 09:15 AM

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Elenor
3 months ago
Agreed, those numbers are alarming!
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Arlie
4 months ago
I think it could be misleading.
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Abel
4 months ago
Surprised it was that high in 2009!
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Nakisha
4 months ago
Definitely not constructed properly.
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Elly
4 months ago
That default rate is way too high!
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Tamar
5 months ago
I think I saw a similar question in our last mock exam, and it was about how to present financial data. I’m leaning towards saying it's false because the impact seems exaggerated for a business case.
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Marta
5 months ago
I feel like the case is missing some context about why the default rate is so high. It seems like it could be valid, but I’m hesitant to say it’s constructed properly without more details.
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Sarah
5 months ago
This reminds me of a practice question where we had to analyze financial metrics. I think the default rate being so high indicates a serious issue, but I’m not confident about the structure of the case.
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Shad
5 months ago
I remember discussing how a business case should clearly outline the problem and its impact, but I'm not sure if the default rate is presented correctly here.
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Leigha
5 months ago
This seems pretty clear-cut to me. The business case lays out the relevant facts and figures, so I don't see any issues with how it's constructed. I'll confidently select True for this one.
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Tesha
5 months ago
Wait, is this a trick question? The default rate and costs seem really high, so I'm wondering if there's some hidden issue here that I'm not seeing. I'll have to carefully analyze the details before answering.
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Clay
5 months ago
Okay, let me think this through. The case states the default rate is 2.7% versus a target of less than 0.5%, and that costs the bank over $250,000 quarterly. That sounds like a properly constructed business case to me, so I'll go with True.
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Whitney
5 months ago
Hmm, I'm not sure about this one. The default rate and quarterly costs seem pretty high, so I'm wondering if there's something I'm missing. I might need to re-read the question a few times to make sure I understand it fully.
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Nada
5 months ago
This seems like a straightforward question. The business case is clearly constructed properly, so I'll go with True.
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Dorothy
5 months ago
The key here is understanding how SAP MDG supports the integration of cFIN. I believe the correct answers are A and B.
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Alyce
5 months ago
I'm a little confused by the different defragmentation options listed. I'll need to make sure I understand the differences between them before selecting the right answer.
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Effie
5 months ago
Based on my understanding, deploying Cloud NAT would be the best way to reduce data traffic costs from the Google network. I'm fairly confident that's the right answer here.
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Vilma
10 months ago
False. That's a default rate that would make a payday lender blush. Time to tighten up those lending policies!
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Mammie
9 months ago
B) False
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Gilma
9 months ago
Agreed, that default rate is way too high.
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Frank
9 months ago
B) False
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Doug
9 months ago
A) True
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Giovanna
10 months ago
True, but I wonder how the bank's loan officers are still employed after that kind of performance. Must be some pretty impressive expense accounts!
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Rosalyn
10 months ago
True, maybe they have connections or something.
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Jesus
10 months ago
I agree, it's surprising that the loan officers are still employed.
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Pearline
10 months ago
A
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Pearly
11 months ago
The quarterly cost of over $250,000 is a pretty big deal. I'm going with True on this one.
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Hubert
11 months ago
I disagree, the default rate is within an acceptable range.
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Lewis
11 months ago
Wait, a 2.7% default rate versus a target of less than 0.5%? That's way off the mark. Definitely False.
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Laurene
10 months ago
User 2: Definitely False
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Cory
10 months ago
User 1: False
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Susy
11 months ago
I agree with Golda, the default rate is way above the target.
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Pura
11 months ago
Hmm, this seems like a pretty straightforward case. The numbers and financial impact are clearly laid out. I'd say it's a True statement.
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Callie
10 months ago
User 3: True
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Teresita
10 months ago
User 2: True
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Edelmira
11 months ago
User 1: True
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Golda
11 months ago
I think the Business Case is constructed properly.
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