Question 1

According to the Rogers' Adoption Curve, ________% of businesses are Early Majority.

Accepted Answer

A)   2.5
B)   13.5
C)   34
D)   16E) A) and D)
F) B) and D)

Question 2

According to the Rogers' Adoption Curve, ________% of businesses are Early Adopters.

Accepted Answer

A)   2.5
B)   13.5
C)   34
D)   16E) A) and B)
F) None of the above

Question 3

Choose from the list below the best definition of Gamification.

Accepted Answer

A)   Gamification is the connection of electronic devices to the internet through sensors, software, and other technologies.
B)   Gamification takes three forms, which progress from completely real to completely virtual.
C)   Gamification is the merger of video game principles and real-world simulations where the user can achieve badges and earn points while they learn new skills.
D)   Gamification are physical devices controlled by computers using complex algorithms.E) A) and C)
F) A) and D)

Question 4

Choose from the list below the best definition of decryption.

Accepted Answer

A)   Decryptions are the algorithms used to encode a message.
B)   Decryptions are the algorithms used to convert an encrypted message back to its original form.
C)   Decryptions are the computer programs that act as intermediaries that contract, execute, and settle contracts.
D)   Decryption is the science of using a secret code for secure data communication.E) A) and C)
F) All of the above

Question 5

"In a ________ blockchain the intermediary comes back. A single entity governs the network."

Accepted Answer

A)   private
B)   public
C)   consortium
D)   corporateE) A) and B)
F) A) and C)

Question 6

Choose from the list below business opportunities for business operations Internet of Things (IoT)  products.

Accepted Answer

A)   Determine safe driver discounts
B)   Predict machinery downtime
C)   Reward safe driving behaviors
D)   Monitor heart rate, calorie burns, sleep quality and moreE) None of the above
F) C) and D)

Question 7

"In RPA, conditional statements involve a trigger, which is a scenario, and a subsequent ________, or decision."

Accepted Answer

A)   cause
B)   situation
C)   action
D)   promptE) B) and D)
F) A) and B)

Question 8

If the internal audit team is involved with a review after the new technology is adopted, we call it a

Accepted Answer

A)   before-implementation review.
B)   mid-implementation review.
C)   pre-implementation review.
D)   post-implementation review.E) C) and D)
F) A) and C)

Question 9

When using IoT products, companies must manage risks related to the 5Vs of big data. Choose the best definition of Veracity from the list below.

Accepted Answer

A)   Inconsistencies and uncertainty in data
B)   Different formats of data from various sources
C)   Extract useful data
D)   High speed of accumulation of dataE) B) and C)
F) None of the above

Question 10

Choose from the list below the best definition of Internet of Things (IoT) .

Accepted Answer

A)   Internet of Things is the collection of electronic devices to the internet through sensors, software, and other technologies.
B)   Internet of Things takes three forms, which progress from completely real to completely virtual
C)   Internet of Things is the merger of video game principles and real-world simulations where the user can achieve badges and earn points while they learn new skills.
D)   Internet of Things are physical devices controlled by computers using complex algorithms.E) All of the above
F) None of the above

Question 11

Data retention is one of the characteristics of good data. Choose from the list below how traditional ledgers impact data retention.

Accepted Answer

A)   They have the risk of subsequent manipulation.
B)   Backups are far more restricted.
C)   Verification of transactions may be limited to a single person.
D)   A traditional ledger is not widely distributed.E) A) and B)
F) None of the above

Question 12

Data validity is one of the characteristics of good data. Choose from the list below how traditional ledgers impact data validity.

Accepted Answer

A)   They have the risk of subsequent manipulation.
B)   Backups are far more restricted.
C)   Verification of transactions may be limited to a single person.
D)   A traditional ledger is not widely distributed.E) B) and D)
F) A) and C)

Question 13

Reviewing the illustration below. Which word fits best for B?

Accepted Answer

A)   Plain text
B)   Cipher text
C)   Decrypted text
D)   Simple textE) B) and D)
F) A) and C)

Question 14

"In RPA, conditional statements involve a trigger, which is a ________, and a subsequent action, or decision."

Accepted Answer

A)   cause
B)   scenario
C)   situation
D)   promptE) C) and D)
F) A) and B)

Question 15

According to the Rogers' Adoption Curve, ________% of businesses are Innovators.

Accepted Answer

A)   2.5
B)   13.5
C)   34
D)   16E) B) and C)
F) All of the above

Question 16

When using IoT products, companies must manage risks related to the 5Vs of big data. Choose the best definition of Volume from the list below.

Accepted Answer

A)   Huge amounts of data
B)   Different formats of data from various sources
C)   Extract useful data
D)   High speed of accumulation of dataE) B) and C)
F) All of the above

Question 17

The accounting profession is evolving in response to the use of blockchain technology in business. Choose from the list below how purchasing accountants are impacted by the use of blockchain.

Accepted Answer

A)   Record transactions related to buying and selling cryptocurrencies
B)   Simplify and automate tax compliance and transparency
C)   Secured payments are sent to suppliers as soon as materials are received.
D)   Acquire sufficient evidence about the nature of blockchain transactionsE) A) and B)
F) A) and C)

Question 18

Choose from the list below the best definition of cryptology.

Accepted Answer

A)   Cryptology are the algorithms used to encode a message.
B)   Cryptology are the algorithms used to convert an encrypted message back to its original form.
C)   Cryptology are computer programs that act as intermediaries that contract, execute, and settle contracts.
D)   Cryptology is the science of using a secret code for secure data communication.E) A) and B)
F) None of the above

Question 19

Extended reality is not a new concept. However, recently this technology has found its way into consumer's devices in an affordable and accessible manner. Choose the best definition of Mixed Reality (MR)  from the list below.

Accepted Answer

A)   Overlays reality with digital images
B)   Hybrid combination of real and virtual objects coexisting in real time
C)   Full immersion into a virtual world with virtual objects
D)   Creating scenarios for employees to engage inE) None of the above
F) B) and D)

Question 20

Choose from the list below the best definition of Autonomous Things (AuT) .

Accepted Answer

A)   Autonomous Things are the connection of electronic devices to the internet through sensors, software, and other technologies.
B)   Autonomous Things takes three forms, which progress from completely real to completely virtual.
C)   Autonomous Things are the merger of video game principles and real-world simulations where the user can achieve badges and earn points while they learn new skills.
D)   Autonomous Things are physical devices controlled by computers using complex algorithms.E) None of the above
F) A) and C)

Exam 7: Emerging and Disruptive Technologies

Choose from the list below business opportunities for business operations Internet of Things (IoT) products.

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When using IoT products, companies must manage risks related to the 5Vs of big data. Choose the best definition of Veracity from the list below.

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"In RPA, conditional statements involve a trigger, which is a ________, and a subsequent action, or decision."

Correct AnswerverifiedShow Answer

Choose from the list below the best definition of cryptology.

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"In a ________ blockchain the intermediary comes back. A single entity governs the network."

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Reviewing the illustration below. Which word fits best for B?

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Extended reality is not a new concept. However, recently this technology has found its way into consumer's devices in an affordable and accessible manner. Choose the best definition of Mixed Reality (MR) from the list below.

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When using IoT products, companies must manage risks related to the 5Vs of big data. Choose the best definition of Volume from the list below.

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Data retention is one of the characteristics of good data. Choose from the list below how traditional ledgers impact data retention.

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Choose from the list below the best definition of Gamification.

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According to the Rogers' Adoption Curve, ________% of businesses are Innovators.

Correct AnswerverifiedShow Answer

Data validity is one of the characteristics of good data. Choose from the list below how traditional ledgers impact data validity.

Correct AnswerverifiedShow Answer

According to the Rogers' Adoption Curve, ________% of businesses are Early Adopters.

Correct AnswerverifiedShow Answer

The accounting profession is evolving in response to the use of blockchain technology in business. Choose from the list below how purchasing accountants are impacted by the use of blockchain.

Correct AnswerverifiedShow Answer

Choose from the list below the best definition of Internet of Things (IoT) .

Correct AnswerverifiedShow Answer

If the internal audit team is involved with a review after the new technology is adopted, we call it a

Correct AnswerverifiedShow Answer

Choose from the list below the best definition of decryption.

Correct AnswerverifiedShow Answer

Choose from the list below the best definition of Autonomous Things (AuT) .

Correct AnswerverifiedShow Answer

"In RPA, conditional statements involve a trigger, which is a scenario, and a subsequent ________, or decision."

Correct AnswerverifiedShow Answer

According to the Rogers' Adoption Curve, ________% of businesses are Early Majority.

Correct AnswerverifiedShow Answer

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