[Jan 28, 2025] Verified OMG-OCEB2-FUND100 dumps and 187 unique questions [Q112-Q126]

Q112. Through the Value Reference Model (VRM), the Strategic level is categorized into 3 processes. What are they?
Response:

Operating processes and Management & Support processes

Define, Measure, Analyze, Improve, and Control

Plan, Source, Make, Deliver, and Return

Plan, Govern, and Execute

Q113. In an effort to reduce costs, a furniture retailer decides to close 17 retail stores. Which role does the organization unit “Retailer” play with respect to the strategy “Close 17 retail stores”?
Response:

It identifies the strategy

It determines the strategy

It establishes the strategy

It acts as the owner of the strategy

Q114. Which one is a collection of best practices for IT management and controlling?
Response:

SCOR

Six Sigma

COBIT

TPS

Q115. Which type of connecting objects can connect elements of two different lanes in the same pool?
Response:

Sequence flow

Association

Message flow

Group

Q116. What does VRM mean?
Response:

Supply Chain Operations Reference Model

Strategic, Tactical and Operational

Value Reference Model

Process Qualification Framework

Q117. With what, is the Process Modeling Conformance Level of BPMN 2.0 concerned with?
Response:

All visible elements excluding all elements attributes and properties.

Visible elements and attributes used in high level modeling.

All visible elements of the BPMN specification.

Exclusively flow and connecting objects depicting a business process.

Q118. According to Rummler and Brache, which is a characteristic of a primary business process?
Response:

Direct value for external customers

Direct value for stakeholder

Under control of top-level management

Covers first part of a value chain

Q119. Which of the following statements refers to a requirement in ISO 9001?
Response:

Creating a plan for change

Facilitating continual improvement

Reducing the development cycle

Respecting people

Q120. An oil company is drilling exploratory oil wells in Uruguay to replenish their reserves. Modeled in BMM, what is the role of their Strategy “Drill for oil in Uruguay” with respect to the Goal “Replenish reserves”?
Response:

It is part of the goal

It implements the goal

It channels efforts toward the goal

It is a component of the plan for the goal

Q121. Which of the following diagram is in error?
Response:

Q122. Which notation represents a text annotation?

Response:

Option A

Option B

Option C

Option D

Q123. What is the major objective of COSO?
Response:

Identify the cause of fraudulent financial reporting

Establish broad rules as well as dictating specific treatments

Establish new or enhanced standards for all U.S. public company boards

Protect investors by improving the accuracy and reliability of corporate disclosures

Q124. What is a Heat Map?
Response:

Process improvement methodology

A process mapping of how eliminating bottleneck

A plan to face resistance to change

A graphical representation of data

Q125. The following description refers to which type of waste of Lean concept?
“Material, people, equipment and goods moving unnecessarily or excessively within a process step”.
Response:

Movement

Defect

Transportation

Extra processing

Q126. What is addressed by ISO 9004?
Response:

Quality concepts

Requirements for a quality management system

Guidelines to improve a quality management system

Quality maturity model for processes