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Exam Code: F1
Exam Name: Financial Reporting
Vendor: CIMA

60 Questions & Answers
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NEW QUESTION: 1
Which of the following was NOT a factor in the National Australia Bank case?
A. Rogue traders
B. Money laundering using foreign exchange trades for political leaders
C. Improper or insufficient Board-level communication regarding the importance of risk management and oversight
D. Inadequate back office procedures
Answer: B

NEW QUESTION: 2
How does the Ariba Network help reduce invoice processing errors?
There are 2 correct answers to this question.
A. Certain invoices fields can be configured with tolerances to be validated on the Ariba Network before the
B. Certain invoices fields can I invoices reached Ariba P2P
C. Suppliers use the Ariba Network to manage the approval process for invoices.
D. Suppliers can 'flip' a purchase order (PO) into an invoice and most fields are field automatically based on the information from
E. The Ariba Network performs a three-way match to ensure the invoice matches the purchase order.
Answer: B,D

NEW QUESTION: 3
Refer to the exhibit.

What are the likely conclusions after analysis of the Data Exchange Chart? (Select 2)
A. Most of the traffic consists of small messages.
B. Much of the application response time is caused by the Wide Area Network (WAN).
C. The majority of activity is between the two servers.
D. This transaction takes about 4 seconds to complete and this analysis proves the user's belief that additional WAN bandwidth would improve application performance.
Answer: A,C


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