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PMI Risk Management Professional

  • Exam Number/Code : PMI-RMP
  • Exam Name : PMI Risk Management Professional
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
What are the correct predefined types of base time periods that can be established when creating the calendar in a planning application?
A. Monthly, Quarterly, Custom
B. Monthly, Quarterly, Weekly
C. Weekly, Monthly, Quarterly, Custom
D. Only Custom periods are possible.
E. Weekly, Monthly, Quarterly, Yearly, Custom
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To set up the calendar:
1.In the Classic Application Wizard, click Calendar.
2 Select a Base Period option to set how calendars roll up:
*12 Months: Four quarters per year; months roll up into parent quarters and quarters into years.
*Quarters: Quarters roll up into years.
* Custom: A custom time period, such as weeks or days.
Etc.
Note:
The calendar establishes the application's base time periods, starting fiscal year and month, and total number of years. Select the base time period and monthly distribution pattern based on the number of fiscal weeks in a month. The base time period options are the bottom-level time periods in the application.
You can create a custom base time period, such as weeks or days. Use monthly distribution patterns to determine how data entered into a summary time period is distributed or spread among the base time period you select. During data entry, users can enter data into summary time periods, such as years or quarters. Planning distributes these values over the base time periods that constitute the summary time period.
References:

NEW QUESTION: 2
The loss from an uncollectible account is
A. an asset
B. a reduction in revenue
C. a regular expense of doing business
D. a liability
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The benefit from selling on credit to customers far outweighs the cost of losses from uncollectible accounts. These losses are a regular expense of doing business.

NEW QUESTION: 3
One of the items you manage in your warehouse fell and broke so you throw it away.
What document should you add to record the removal of the Item from the inventory?
A. Retirement
B. Goods Return
C. Goods Issue
D. Inventory Transfer
Answer: C

NEW QUESTION: 4
A chart showing the trend in the lag time from defect reporting to resolution during system testing is also available. The chart shows that the daily closure period is consistently and significantly above the rolling closure period for a long period of the system testing phase.
Almost all defects found during system testing have been related to the system as a whole, not related to single units or integrations issues. Almost all quality risks have been addressed during the unit and integration testing phase and no residual quality risks were present in the integrated system. This has been confirmed by exploratory testing sessions performed during system testing, targeted at finding defects in these quality risk areas.
Based on the given information only, which one of the following areas would you expect to be considered more in the retrospective meeting in order to be improved?
K3 3 credits
A. The defect management process
B. The quality risk analysis process
C. The requirements review
D. The system design and architecture design reviews
Answer: A
Explanation:
Topic 6, Test Tools and Automation