IBM 00M-624 questions and answers

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Exam Code: 00M-624
Exam Name: IBM (IBM Risk Analytics for Governance Risk and Compliance Sales Mastery Test v1)
Free One year updates to match real exam scenarios, 100% pass and refund Warranty.
Total Q&A: 24 Questions and Answers
Last Update: 2013-09-11

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NO.1 What is one of the most common issues to listen for from a client who would benefit
from deploying IBM OpenPages GRC solution?
A. The client is looking for an advanced calculation engine to calculate capital and market values.
B. The organization is designed around a soloed approach, resulting in redundant data collection
and an expensive model to maintain.
C. Business users would like to be more proactive and look for trends in the business using
predictive analytics.
D. Report users require a XBRL format report to present to regulators.
Answer: C

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NO.2 Analyst reports (Gartner and Forrester) have named IBM OpenPages as one of the leaders for
enterprise Governance, Risk and Compliance platforms. Who are three main competitors who have
been identified by the analysts in this space?
A. BWise, Thomson Reuters, Oracle
B. Oracle, Microsoft, SAP
C. SAP , BWise, HP
D. Oracle, Archer, SAS
Answer: A

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NO.3 OpenPages PCM is a critical component of implementing an enterprise-wide governance
and risk framework. Which benefit can be found within OpenPages PCM?
A. Provides the compliance team with the ability to view and monitor overall organizational
compliance posture in single dimensions.
B. Provides a static approach to compliance that with standardized procedures and naming
conventions.
C. Delivers static reports that can be used to ensure compliance risks are understood and guarantee
that issues are remediated quickly.
D. Provides the compliance team with the ability to view and monitor overall organizational
compliance posture in multiple dimensions.
Answer: D

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NO.4 IBM OpenPages solutions enable customers to manage risk and compliance initiatives across
the enterprise. Which one of the following is a feature of the IBM OpenPages GRC Platform?
A. Optimize business performance
B. Change customers'existing methodology
C. Predictive analytics framework
D. XBRL reporting
Answer: A

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Explanation:
http://www-01.ibm.com/software/analytics/openpages/ (first para on the page)

NO.5 What are the key trends that drive Governance, Risk and Compliance initiatives?
A. Regulatory oversights and risk quantification
B. Lack of visibility into risk exposure
C. Decreasing governance demands
D. Soloed risk and compliance initiatives
Answer: D

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