BCS FCBA Certification Exam Questions with AI Explanations

QUESTION: 26

Which of the following statements is TRUE?

The IRR of every project is based on it achieving a Net Present Value of zero.
It is preferable for the calculated IRR of a project to be below bank interest rates,
Discounted cash flows do not usually take into account the time value of money.
When comparing two projects, the one with the lower NPV should be preferred.

Answer(s): A

QUESTION: 27

Which of the following techniques can be used to pull together the results of an analysis of the external and internal business environment of an organisation?

SWOT analysis.
Resource audit.
Five-forces model.
Balanced business scorecard.

Answer(s): A

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QUESTION: 28

The following requirement has been identified; The system must be able to record customer payments'. What type of requirement is this?

A functional requirement.
A non-functional requirement.
A general requirement.
A technical requirement.

Answer(s): A

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QUESTION: 29

Which of the following BEST describes an ethnographic study?

A study which uses prototype graphical screens to demonstrate a user requirement.
A study of users in their workplace undertaking representative simulated scenarios.
A study where the analyst spends an extended period of time in the target environment.
A study which ensures that the needs of a wide range of ethnic groups are considered.

Answer(s): C

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