Financial System Architectures and Testable Workflows CT-FT Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A financial institution is developing a new loan origination workflow. The workflow has multiple states: 'Application Received', 'Under Review', 'Approved', 'Rejected', and 'Disbursed'. The testing team wants to design test scenarios that cover all possible transitions. What is the most effective approach?

   • ACreate a state transition matrix and test each valid transition, including error paths
   • BTest only the happy path from Application Received to Disbursed
   • CTest each state in isolation without considering transitions
   • DRandomly generate test data and execute the workflow multiple times
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A financial workflow for account opening includes steps for identity verification, credit check, and account creation. The workflow is designed with clear state transitions and audit logging. Which testing approach best leverages these testability characteristics?

   • AUsing the audit logs to verify the sequence of state transitions during testing
   • BTesting only the final account creation step
   • CPerforming exploratory testing without predefined scenarios
   • DTesting the workflow as a black box without inspecting internal states
   Reveal Solution Discussion Select an answer first
4. 3application · medium

   A financial services firm is designing a new system architecture that includes a customer relationship management (CRM) system, a core banking system, and a payment gateway. The firm wants to ensure that customer data is consistent across all systems. Which architectural pattern would best support this?

   • AStoring customer data independently in each system
   • BUsing a master data management (MDM) system to synchronize customer data
   • CRelying on manual data entry to keep systems in sync
   • DUsing a point-to-point integration between every pair of systems
   Reveal Solution Discussion Select an answer first
5. 4foundation · easy

   Which characteristic is most important for making a financial workflow testable?

   • AThe workflow is implemented in a single, large function
   • BThe workflow is documented only in the code comments
   • CThe workflow has clear, well-defined state transitions and decision points
   • DThe workflow uses global variables to share data between steps
   Reveal Solution Discussion Select an answer first
6. 5expert · hard

   A financial services firm is integrating a new trading system with its existing settlement system. The trading system sends trade details to the settlement system via a message queue. The integration must be reliable, and the firm wants to test the integration. Which testing approach is most effective?

   • ATesting only the trading system's user interface
   • BTesting the integration only in the production environment
   • CTesting the message queue's behavior under network failures and retries
   • DTesting only the settlement system's database performance
   Reveal Solution Discussion Select an answer first