Free ICGB Exam Questions - Easiest Way for Success

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Total 203 Questions | Updated On: Sep 14, 2024

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Question 1

In order to standardize project savings financial calculation such project benefits can be compared the financial savings are typically calculated over what period of time?

A : 12 months

B : 24 months

C : The remainder of the calendar year

D : The remainder of the fiscal year

Answer: A

Question 2

Having an Alpha of .05 and a Beta of .10 are the most common risk levels when running a Statistical test.

A : True

B : False

Answer: A

Question 3

The reported Cpk for a process with an average of 94 units, a spread of 22 units and upper and lower specification limits of 125 and 80 units would be?

A : 0.64

B : 1.27

C : 1.84

D : 2.12

Answer: B

Question 4

The following Business Case is constructed properly.
''During fiscal year 2008 the warranty returns for electric razor Model 312 were 1.3%. This represents a gap of 0.5% over target costing the company $18,500 per month.''

A : True

B : False

Answer: A

Question 5

For a Normal Distribution the Mean, Median and Mode are the same data point.

A : True

B : False

Answer: A

Page: 1 / 41

Total 203 Questions | Updated On: Sep 14, 2024

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