Business Architecture Quiz

What plays a crucial role in the success and sustainability of architectural firms?

• Product Development

• Human Resources Management

• Financial Management

• Marketing Strategy

What is the foundation of financial planning and budgeting in business architecture?

• Cash Flow Management

• Negotiating Contracts and Fees

• Project Costing and Tracking

• Creating a Budget

Which financial system records all financial transactions categorized into accounts?

• Payroll

• Accounts Receivable (AR)

• Accounts Payable (AP)

• General Ledger (GL)

What does liquidity measure in terms of financial health?

• Operational efficiency in resource utilization

• Ability to meet long-term financial obligations

• Ability to generate profits efficiently

• Access to cash for short-term obligations

What is the process of securing financial resources to fund an organization's goals and initiatives called?

• Equity Financing

• Debt Financing

• Bootstrapping

• Grants

What does business capability mapping involve in business architecture services?

• Identifying and defining core capabilities

• Mapping value stream design

• Defining information architecture

• Structuring organization design

What may affect the compensation of a business architect?

• Industry and Location

• Job Role and Responsibilities

• Experience and Skills

• All of the above

What is the starting point for short-term financial planning in business architecture?

• Difference between budgeted and actual revenue

• Budget monitoring

• Projected income adjustments

• Previous year's revenue and expenses

What is the measure of a company's ability to manage debt in terms of financial health?

• Inventory turnover ratio

• Cost-to-income ratio

• Interest coverage ratio

• Debt-to-equity ratio

What does financial health ensure in business architecture?

• Operational inefficiency

• Long-term financial instability

• Risk management

• Data-driven decisions