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NEW QUESTION: 1
Risk management programs are designed to reduce risk to:
A. the point at which the benefit exceeds the expense.
B. a rate of return that equals the current cost of capital.
C. a level that the organization is willing to accept.
D. a level that is too small to be measurable.
Answer: C
Explanation:
Explanation
Risk should be reduced to a level that an organization is willing to accept. Reducing risk to a level too small to measure is impractical and is often cost-prohibitive. To tie risk to a specific rate of return ignores the qualitative aspects of risk that must also be considered. Depending on the risk preference of an organization, it may or may not choose to pursue risk mitigation to the point at which the benefit equals or exceeds the expense. Therefore, choice C is a more precise answer.

NEW QUESTION: 2
What can you do if you configure only the account group when you define Account Groups and Field Selections for Customers?
A. You can create and add new fields to the customer master.
B. You can determine the account determination procedure.
C. You can hide fields in the customer master.
D. You can define two number ranges per account group.
Answer: C

NEW QUESTION: 3
You are the project manager of a HGT project that has recently finished the final compilation process. The project customer has signed off on the project completion and you have to do few administrative closure activities. In the project, there were several large risks that could have wrecked the project but you and your project team found some new methods to resolve the risks without affecting the project costs or project completion date. What should you do with the risk responses that you have identified during the project's monitoring and controlling process?
A. Include the risk responses in the risk management plan.
B. Include the risk responses in the organization's lessons learned database.
C. Include the responses in the project management plan.
D. Nothing. The risk responses are included in the project's risk register already.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The risk responses that do not exist up till then, should be included in the organization's lessons learned database so other project managers can use these responses in their project if relevant.
Incorrect Answers:
A: The responses are not in the project management plan, but in the risk response plan during the project and they'll be entered into the organization's lessons learned database.
B: The risk responses are included in the risk response plan, but after completing the project, they should be entered into the organization's lessons learned database.
D: If the new responses that were identified is only included in the project's risk register then it may not be shared with project managers working on some other project.

NEW QUESTION: 4
Which statement best describes what an application designer should consider when deciding whether to use a structured data type or a simple process variable in a process template?
A. Process variables are persisted in a file whereas structured data types are stored in the database.
B. Each process variable is stored in its own database table whereas a structured data type is made up of no more than two tables.
C. Database queries of repeating attributes are more expensive than queries of single attributes.
D. Structured data types are more frequently used in Forms and Business Activity Monitor (BAM) reports and therefore can take advantage of caching.
Answer: B