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Exam CCBA topic 1 question 455 discussion

Actual exam question from IIBA's CCBA
Question #: 455
Topic #: 1
[All CCBA Questions]

A deployed loan product was funded with the expectation of prepayment risk reduction. Initially key performance indicators would be to take similar loan prepayment rates over the previous 10 year period and compare it with the new product. After implementation, the business analyst (BA) determines that the decade old housing market is vastly different. Which of the following should the BA consider for validity of performance measures?

  • A. Timing
  • B. Sample size
  • C. Currency
  • D. Frequency
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Suggested Answer: D 🗳️
by 17b7c4c at Oct. 11, 2024, 1:42 p.m.

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17b7c4c
3 months ago
Selected Answer: C
Section 9.5.4.5: Define Solution Performance Measures uses currency to indicate that the data used in performance measures must be up-to-date and applicable to current conditions to maintain its relevance and accuracy for evaluating the solution’s performance. This aligns with your scenario, as it focuses on whether the historical data remains relevant given today’s housing market conditions.
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