Test your basic knowledge |

Business Analyst

  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A giant database that contains periodic dumps from many databases throughout the company. BI systems query the data warehouse to spot patterns and trends.

2. A built in Excel function that calculates loan payments. Inputs to the function include the loan amount (pv) - the interest rate (rate) - and the number of loan payments (nper).

3. An analysis of the attractiveness of the industry in which the company operates.

4. The process of analyzing data to spot trends and opportunities.

5. A model report in which the theme is predefined. In some templates even some of the slides are already created. For example - the Pitchbook template includes a title slide - a table of contents slide - and a section heading slide.

6. The total interest paid over the life of the loan. The finance charge is calculated by adding up all of the loan payments and then subtracting from this total the amount originally borrowed.

7. Printing horizontally rather than vertically on a piece of paper. The normal way to print is portrait or vertical orientation.

8. Systems that manage day to day transactions of the business.

9. A group of potential customers for a product or service. Segments are typically identified by demographics.

10. A way to categorize groups of people using age - income level - gender - education level - home ownership - and so forth.

11. The cheapest way to start a business. It is just you doing business under another name. However - you are personally liable for business debts.

12. A visual query tool in excel that allows you to easily group and summarize data

13. Programs that greatly simplify the process of building a website. Google Sites is the authoring tool that we will use.

14. One or more fields that uniquely identify each record in the table

15. A marketing term that refers to the ability of a brand to stand out from the crowd.

16. Compares discrete (distinct) categories on a common measure

17. Accessing development software that lives in the cloud. The major advantage is that the development process tends to be greatly simplified.

18. An analysis of how the calculation results vary with changes in the initial assumptions.

19. Make very small loans (typically under 500) to entrepreneurs in developing countries. Most Loans are repaid in six months to a year.

20. What you make on every sale after subtracting variable costs.

21. Similar to a template but without the placeholder text and images. A theme specifies formatting--layout - colors - and fonts

22. A cost that the business must pay whether or not they sell anything. Examples include rent - legal fees - development costs and so forth.

23. A user-friendly way to get information into a database.

24. Variable names created by capitalizing the first letter of each word and eliminating the spaces between words.

25. A form of BI reporting with which we are most familiar-- summary reports distributed at regular intervals.

26. Model slides that define the theme elements. The slide master defines the background elements - colors - and fonts. The layout masters provide a menu of possible layouts to apply to a slide.

27. Usually the recommended way to start a small business. If the business goes under - you are not personally liable for the businesses debts.

28. The process of fishing for patterns in the data using computing power because you really do not know what to look for.

29. The combination of people - information technology - and business processes to accomplish a business objective.

30. A method for designing information systems. The life cycle proceeds through the following stages: an analysis of the current state - development of requirements - design of a solution - development from the design and finally to implementation or rol

31. Mini services that exist in the cloud and can be snapped into your webpage. For example - you can include a weather gadget.

32. These are fixed costs associated with starting a business. Often refers to one time costs.

33. A cost that business incurs on each sale. For apps - the variable cost is the iTunes store commission.

34. The process of uncovering the numbers that contribute to creating a summary number. Drill down is like being shocked at you ATM balance and then calling the bank to get a list of withdrawls and payments made against your account.

35. A database that consists of related tables and nothing but tables.

36. This is a job title typical for an IS graduate. Business analysts work both with business units such as Human Resources and the programmers. They discover the needs of the business unit and then translate those needs into documentation for the progra

37. Defines a set of background elements - colors - and fonts as well as a set of slide layouts.

38. The largest systems of all. ERP systems tie together all aspects of the business from accounting to the shop floor.

39. Compares discrete categories on a common measure.

40. The process of copying data from many databases throughout the enterprise into the datawarehouse

41. An analysis of five key forces which profiles the attractiveness of an industry. These include the bargaining power of suppliers and buyers - barriers to entry - threat of substitutes - and the competitive rivalry of firms already in the industry.

42. A PowerPoint template well suited for creating schematic reports because of its small font size and versatile layouts.

43. Running development software such as Dreamweaver on your workstation. The major advantage is that it runs very fast when running locally.

44. The organization of items on a page. For example - a 2up layout consists of two blocks of images and/or text.

45. Designing websites and applications to meet the needs of the user.

46. Describes how best to represent information

47. A pre-built site with placeholder text - images - and a pre-selected theme. Site templates are the closest thing to an instant website.

48. A presentation primarily designed to be projected which combines brief text and graphics. Presentations use few words and large fonts for audience readability.

49. The delivery of accurate - useful information to the appropriate decision makers within the necessary fime frame to support effective decision making.

50. The ability to capture and store information gathered from a form into a database. Database integration also refers to the ability to extract and display information from a database on a website.