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 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 Correct Incorrect Correct answer Effective communication, relationship-building, and emotional intelligence Correct Incorrect Correct answer Advanced technical accounting and financial reporting capabilities Correct Incorrect Correct answer Ability to simplify complex information and articulate it to diverse audiences Correct Incorrect Correct answer 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 Correct Incorrect Correct answer Managing change initiatives Correct Incorrect Correct answer Challenging the Board Correct Incorrect Correct answer Identifying profit-improvement opportunities Correct Incorrect Correct answer 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 Correct Incorrect Correct answer Identify specific financial goals and actions to achieve them Correct Incorrect Correct answer Identify specific financial goals and actions to achieve them Correct Incorrect Correct answer Clearly communicate the financial implications of strategic decisions Correct Incorrect Correct answer 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 Correct Incorrect Correct answer Nail the moments of truth in key presentations Correct Incorrect Correct answer Prioritize quick wins and short-term results Correct Incorrect Correct answer Develop a clear succession plan for your role Correct Incorrect Correct answer 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 Correct Incorrect Correct answer Identifying new cost-saving opportunities across different departments Correct Incorrect Correct answer Providing guidance on the appropriate compensation structure for the executive team Correct Incorrect Correct answer Recommending ways to improve the company's budgeting and forecasting processes Correct Incorrect Correct answer Correct Incorrect