CIMA_Part2

“A rapid and major change in an economy, driven by a shift in the methods and types of work undertaken” best describes what?

• Globalisation

• An industrial revolution

• The digital ąge

• Political instability

How is the delivery of on-demand computing resources otherwise known?

• Artificial Intelligence

• The Internet of things

• Big data

• Cloud computing

The process by which users log on to remote servers to access and process their files is best known as what?

• Cloud computing

• Wide Area Network

• The internet

• Remote working

What are the TWO main types of cloud computing?

• Public Cloud

• Restricted Cloud

• Private Cloud

• Amazon Cloud

Which THREE of the following are disadvantages of cloud computing?

• Scalability

• Contract management

• Potential job losses

• Reliance on a third party

• Increases cost

Which THREE of the following statements relating to big data are true?

• Big data refers to any financial data over $1 billion

• The defining characteristics of big data are velocity, volume and variety

• Managing big data effectively can lead to increased competitive advantage

• The term big data means ‘data that comes from many sources

• Big data contains both financial and non-financial data

Which of the following sentences is true?

• Process automation is only feasible for simple, repetitive tasks

• Process automation in complex business areas is beyond the limits of technology

• Process automation can enable a business to save costs

• Process automation usually leads to employee dissatisfaction

Machines working and reacting like human beings describes what?

• Robotics

• Voice recognition

• Artificial intelligence

• The 4th Industrial Revolution

Which of the following is a definition of a blockchain?

• A technology that allows people who do not know each other to trust a shared record of events

• A centralised, undistributed and private digital ledger that is used to record transactions

• A sequence of transactions facilitate d by the internet

• A supply chain management system used to improve efficiency

Which THREE of the following statements about a blockchain are true?

• Blockchain is regarded as a solution to cyber security risk

• Records in the block chain are publically available and distributed across everyone that is part of the network of participants

• Records in the blockchain are always kept private to enhance security

• The verification of transactions is carried out by computers

• The verification of transaction is carried out by individuals