Back to Module Strategic Business Partner Assessment 1 0% Complete 0/0 Steps Quiz 1 of 0 Strategic Business Partner Assessment 1 Well done! You have completed the topic. Let’s review your learning The pass mark is 70%. If you score less than this, please review your answers and restart the quiz. Time limit: 0 Quiz Summary 0 of 5 Questions completed Questions: Information You have already completed the quiz before. Hence you can not start it again. Quiz is loading… You must sign in or sign up to start the quiz. You must first complete the following: Results Quiz complete. Results are being recorded. Results 0 of 5 Questions answered correctly Your time: Time has elapsed You have reached 0 of 0 point(s), (0) Earned Point(s): 0 of 0, (0) 0 Essay(s) Pending (Possible Point(s): 0) Categories Not categorized 0% 1 2 3 4 5 Current Review Answered Correct Incorrect Question 1 of 5 1. Question Which of the following is NOT identified as a key skill required for the SBP role? Strong commercial mindset and understanding of the business Effective communication, relationship-building, and emotional intelligence Advanced technical accounting and financial reporting capabilities Ability to simplify complex information and articulate it to diverse audiences Correct Incorrect Question 2 of 5 2. Question which responsibility does the GrowCFO survey suggest finance leaders find the most difficult within the Strategic Business Partner role? Helping to drive decision-making Managing change initiatives Challenging the Board Identifying profit-improvement opportunities Correct Incorrect Question 3 of 5 3. Question What is the first key step for CFOs in order to influence strategy? Develop a deep understanding of the company's financials and performance data Identify specific financial goals and actions to achieve them Identify specific financial goals and actions to achieve them Clearly communicate the financial implications of strategic decisions Correct Incorrect Question 4 of 5 4. Question Which of the following is one of the 5 levers that Richard Medcalf suggests can help finance leaders increase their C-suite influence? Build a strong personal brand and reputation Nail the moments of truth in key presentations Prioritize quick wins and short-term results Develop a clear succession plan for your role Correct Incorrect Question 5 of 5 5. Question Which of the following examples illustrates how the CFO can leverage their unique financial perspective to influence a strategic decision? Evaluating the potential return on investment and financial risks of targeting a new market Identifying new cost-saving opportunities across different departments Providing guidance on the appropriate compensation structure for the executive team Recommending ways to improve the company's budgeting and forecasting processes Correct Incorrect