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HFMA CSBI LATEST TEST REVIEW Q & S 2024.
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HFMA CSBI LATEST TEST REVIEW Q & S 2024.HFMA CSBI LATEST TEST REVIEW Q & S 2024.HFMA CSBI LATEST TEST REVIEW Q & S 2024.HFMA CSBI LATEST TEST REVIEW Q & S 2024.
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HFMACSBI
LATEST FINAL TEST REVIEW
Q&S
©2024/2025
, Question 1:
Which of the following best describes the ETL process in data
management?
A) Extraction, Translation, Log
B) Extraction, Transformation, Load
C) Evaluate, Test, Learn
D) Execute, Transfer, Legitimize
Answer: B) Extraction, Transformation, Load
Rationale: The ETL process involves extracting data from various
sources, transforming it into a suitable format, and then loading it
into a data warehouse or other system for analysis.
---
Question 2:
In data cleaning, which method is most suitable for handling
missing values when conducting financial analysis?
©2024/2025
,A) Deleting all records with missing values
B) Filling missing values with the most frequent value
C) Using a regression model to predict and fill missing values
D) Ignoring the missing values
Answer: C) Using a regression model to predict and fill missing
values
Rationale: Regression models can provide an estimate of missing
values based on other data, reducing bias and improving the
analysis’s robustness.
---
Question 3:
Which data modeling technique is primarily used for simplifying
complex financial datasets while preserving key relationships?
A) Decision Trees
B) Dimensional Modeling
C) Linear Regression
©2024/2025
, D) Neural Networks
Answer: B) Dimensional Modeling
Rationale: Dimensional modeling is often used in data
warehousing and business intelligence to structure data for easy
access and analysis, focusing on dimensions and facts.
---
Question 4:
Which of the following tools is best suited for visualizing large sets
of financial data for pattern recognition?
A) Microsoft Word
B) Tableau
C) QuickBooks
D) Notepad
Answer: B) Tableau
©2024/2025
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