Role of Test Automation in Finance Testing CT-FT Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   Which of the following is a benefit of test automation in finance testing?

   • AIt removes the need for test data preparation
   • BIt reduces human error in repetitive test execution
   • CIt guarantees that all defects are found before release
   • DIt eliminates the need for test environment maintenance
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2. 17foundation · easy

   What is a typical impact of test automation on resource allocation in a finance test strategy?

   • AMore effort is spent on maintaining automated test scripts
   • BLess effort is needed for test data management
   • CManual testers are replaced by automated tools in all testing activities
   • DRisk-based prioritization becomes unnecessary
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4. 18foundation · easy

   What is a common challenge when automating tests for financial systems?

   • AComplex calculations and regulatory compliance requirements
   • BThe lack of any need for regression testing
   • CThe automation tool can automatically generate all test data
   • DThe tests are too simple to require automation
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5. 19expert · hard

   A financial institution is automating its regression tests for a payment processing system. The system is integrated with multiple external payment gateways. The automated tests are passing in the test environment but failing in the staging environment due to differences in the gateway responses. What is the most effective way to handle this?

   • ARun the tests only in the test environment and skip staging.
   • BUpdate the tests to expect different responses in each environment.
   • CUse mock services or stubs for the external gateways in both test and staging environments to ensure consistent behavior.
   • DIncrease the timeout for the gateway responses in the staging environment.
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6. 20application · medium

   A financial institution is automating tests for its online banking application. The application allows users to view account balances, transfer funds, and pay bills. The team has automated the login and balance inquiry tests. What is the next most valuable set of tests to automate?

   • AUI layout tests, because they ensure the application looks good on different devices.
   • BSecurity tests, because they ensure the application is protected from hackers.
   • CFund transfer tests, because they involve critical financial transactions and high user impact.
   • DPerformance tests, because they ensure the application responds quickly.
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