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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.

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Suggested Answer: A

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

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Zona
3 months ago
Hmm, 'whole bunch of money' - is that an official financial term? Asking for an accountant friend.
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Jacob
1 months ago
User 4
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Justine
2 months ago
User 3
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Melina
2 months ago
User 2
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Val
2 months ago
User 1
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Herman
3 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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Nu
2 months ago
True
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Sage
2 months ago
It depends on the context and the company's profit margin.
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Elza
2 months ago
B) False
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Ena
2 months ago
A) True
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Harrison
3 months ago
This case is about as clear as mud. I'd need a crystal ball to answer this one.
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Daron
2 months ago
B) False
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Tricia
2 months ago
I agree, the return rate is definitely a problem for the company.
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Goldie
2 months ago
A) True
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Stefany
2 months ago
I think it's false. The return rate is way too high.
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Cassandra
2 months ago
B) False
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Nadine
2 months ago
A) True
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Jennie
4 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
3 months ago
False
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Bok
3 months ago
True
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Titus
4 months ago
True, this business case is well-constructed. The numbers and problem statement are clear.
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Vincenza
4 months ago
A) True
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Craig
4 months ago
B) False
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Joesph
4 months ago
A) True
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