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ISEB Foundation Certificate in Business Analysis Sample Questions:

1. Which of the following statements is TRUE?

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

2. Which of the following statements about a BAM is correct?

A) The BAM is concerned with where activities are carried out.
B) The BAM is concerned with who carries out the activities.
C) There will be one BAM for each business perspective.
D) The BAM is an AS-IS model of the real world.

3. What are subsequent changes subject to once a requirements document has been signed off?

A) Requirements verification.
B) Requirements management.
C) Requirements documentation.
D) Requirements validation.

4. How would usability and performance requirements be classified?

A) As non-functional requirements.
B) As functional requirements.
C) As general requirements.
D) As technical requirements.

5. An analyst investigating a finance system wishes to build rapport with individual stakeholders and investigate in detail each stakeholder's views. Which of the following techniques should the analyst use?

A) Interviewing.
B) Document analysis.
C) Special purpose records.
D) Questionnaires.

Solutions: