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NEW QUESTION: 1
You work as a project manager for HRM Inc. You and your team are working on the probability and impact matrix. You have to determine the importance of risk and prioritize it accordingly. Which of the following will help you achieve the above task?
A. Risk register
B. Project charter
C. Look-up table
D. Risk management plan
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option B is correct.
A look-up table, or the probability and impact matrix, with all of the pre-defined scoring for risks should be referenced to determine the importance of an identified risk.
Answer option C is incorrect. A risk register is a document that contains the results of qualitative risk analysis, quantitative risk analysis, and risk response planning. Description, category, cause, probability of occurring, impact on objectives, proposed responses, owner, and the current status of all identified risks are put in the risk register.
Answer option A is incorrect. The project charter establishes the authority assigned to the project manager, especially in a matrix management environment. It is considered industry best practice. The purpose of the project charter is to document the following:
Reasons for undertaking the project

Objectives and constraints of the project

Directions concerning the solution

Identities of the main stakeholders

Answer option D is incorrect. The risk management plan will include the look-up table, but the best, most- specific answer is the look-up table.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Quality and Risk Management Objective: Risk Probability and Impact Matrices

NEW QUESTION: 2
The following data have been extracted from the financial statements of a firm for two years, 1991 and
1992:
1991 1992
Assets 9,947 9,682
Sales 11,035 10,377
Current liabilities 4,193 3,920
Non-current liabilities 3,827 3,476
The asset turnover and the equity turnover for 1992 equal ________.
A. 1.06, 4.93
B. 2.11, 3.92
C. 0.98, 2.56
D. 1.34, 6.38
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Total asset turnover = net sales/average total assets
Total equity turnover = net sales/average equity
The total liabilities in 1991 = 4,193 + 3,827 = 8,020 and total liabilities in 1992 = 3,920 + 3,476 = 7,396.
Therefore, using the equation,
Total Assets = Total Liabilities + Total Equity,
the equity in 1991 was 9,947 - 8020 = 1,927 and in 1992, it was 9,682 - 7,396 = 2,286. Thus, the average equity for 1992 equals (1,927 + 2,286)/2 = 2,107 and average assets for 1992 equal (9,682 + 9,947)/2
9,815. Therefore, asset turnover for 1992 = 10,377/9,815 = 1.06 and equity turnover = 10,377/2,107
4.93.

NEW QUESTION: 3
Refer to the exhibit.

Which command can produce this packet tracer output on a firewall?
A. packet-tracer output INSIDE tcp 192.168.2.200 3028 192.168.1.100 88
B. packet-tracer input INSIDE tcp 192.168.1.100 88 192.168.2.200 3028
C. packet-tracer output INSIDE tcp 192.168.1.100 88 192.168.2.200 3028
D. packet-tracer input INSIDE tcp 192.168.2.200 3028 192.168.1.100 88
Answer: B

NEW QUESTION: 4
During an audit of financial contracts, an auditor learns that a relative has a substantial loan with the organization. The auditor should:
A. Exclude the relative's information from the audited work and proceed with the audit engagement.
B. Immediately withdraw from the audit engagement.
C. Notify management and the chief audit executive (CAE) and have the CAE determine whether the auditor should continue with the audit engagement.
D. Proceed with the audit engagement but disclose in the engagement final communication that the relative is a customer.
Answer: C