00M-624 Question 12
OpenPages solutions provide the capability to integrate with other IBM analytics products.
What IBM analytics tools provide the ability to uncover unexpected patterns, trends and associations from their risk and compliance data?
A. Websphere, SPSS
B. Cognos, SPSS
C. TM1, Tivoli
D. Lombardi, Cognos
Answer: B
Thursday, July 18, 2013
00M-624 Question 11
00M-624 Question 11
OpenPages GRC can be extended to address other areas of risk and compliance initiatives.
What functional areas or processes could buyers benefit from when using the OpenPages GRC Platform?
A. Vendor risk management, business continuity management
B. Credit risk, liquidity risk
C. Human resources, expense reporting
D. IT governance, marketing campaigns
Answer: D
OpenPages GRC can be extended to address other areas of risk and compliance initiatives.
What functional areas or processes could buyers benefit from when using the OpenPages GRC Platform?
A. Vendor risk management, business continuity management
B. Credit risk, liquidity risk
C. Human resources, expense reporting
D. IT governance, marketing campaigns
Answer: D
00M-624 Question 10
00M-624 Question 10
What is one benefit for maintaining a centralized library of laws, regulations, and best practices?
A. Harmonized compliance programs for departments and focus areas to promote a standardized and efficient compliance approach
B. Unstructured documentation and remediation of regulatory requirements
C. Non-standard compliance for all regulations to deliver a holistic understanding of all compliance risks
D. De-centralized repository for managing and synchronizing governance with multiple regulations
Answer: A
What is one benefit for maintaining a centralized library of laws, regulations, and best practices?
A. Harmonized compliance programs for departments and focus areas to promote a standardized and efficient compliance approach
B. Unstructured documentation and remediation of regulatory requirements
C. Non-standard compliance for all regulations to deliver a holistic understanding of all compliance risks
D. De-centralized repository for managing and synchronizing governance with multiple regulations
Answer: A
00M-624 Question 9
00M-624 Question 9
The IBM GRC solution consists of what group of standard modules?
A. IT Governance, Market Risk, Audit, Operational Risk, Policy Compliance Management
B. IT Governance, Financial Control Management, Audit, Operational Risk, Policy Compliance Management
C. IT Governance, Market Risk, Audit, Operational Risk, Vendor Risk management
D. IT Governance, Credit Risk, Audit, Operational Risk, Policy Compliance Management
Answer: B
Reference: http://public.dhe.ibm.com/software/data/cognos/documentation/openpages/en/6.2.1/OP_All_Modules_Overview.pdf (page iii, see table of contents, chapter 1. Introduction)
The IBM GRC solution consists of what group of standard modules?
A. IT Governance, Market Risk, Audit, Operational Risk, Policy Compliance Management
B. IT Governance, Financial Control Management, Audit, Operational Risk, Policy Compliance Management
C. IT Governance, Market Risk, Audit, Operational Risk, Vendor Risk management
D. IT Governance, Credit Risk, Audit, Operational Risk, Policy Compliance Management
Answer: B
Reference: http://public.dhe.ibm.com/software/data/cognos/documentation/openpages/en/6.2.1/OP_All_Modules_Overview.pdf (page iii, see table of contents, chapter 1. Introduction)
00M-624 Question 8
00M-624 Question 8
What are the key trends that drive Governance, Risk and Compliance initiatives?
A. Regulatory oversights and risk quantification
B. Lack of visibility into risk exposure
C. Decreasing governance demands
D. Soloed risk and compliance initiatives
Answer: D
What are the key trends that drive Governance, Risk and Compliance initiatives?
A. Regulatory oversights and risk quantification
B. Lack of visibility into risk exposure
C. Decreasing governance demands
D. Soloed risk and compliance initiatives
Answer: D
00M-624 Question 7
00M-624 Question 7
IBM OpenPages solutions enable customers to manage risk and compliance initiatives across the enterprise.
Which one of the following is a feature of the IBM OpenPages GRC Platform?
A. Optimize business performance
B. Change customers’ existing methodology
C. Predictive analytics framework
D. XBRL reporting
Answer: A
Reference: http://www-01.ibm.com/software/analytics/openpages/ (first para on the page)
IBM OpenPages solutions enable customers to manage risk and compliance initiatives across the enterprise.
Which one of the following is a feature of the IBM OpenPages GRC Platform?
A. Optimize business performance
B. Change customers’ existing methodology
C. Predictive analytics framework
D. XBRL reporting
Answer: A
Reference: http://www-01.ibm.com/software/analytics/openpages/ (first para on the page)
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