CSI CSC2 Q&A - in .pdf

  • CSC2 pdf
  • Exam Code: CSC2
  • Exam Name: Canadian Securities Course Exam2
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
By default, what port does a TCP/IP printer port use?
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
Explanation/Reference:
Explanation:
A TCP/IP printer port is used to connect a printer directly to a network. It uses host port 9100 to communicate.

NEW QUESTION: 2
Your project has a budget of $75,000 and is 60 percent complete though are supposed to be 75 percent done at this time. You have spent $50,000 to reach this point of the project. If management wanted to know your cost variance for this project what formula would you want Microsoft Project to calculate for you?
A. Earned value - planned value
B. Earned value - actual cost
C. Earned value - budget at completion
D. Earned value/actual cost
Answer: B
Explanation:
You would want Microsoft Project through, Project Center, to calculate and show the results of your earned
value minus the actual costs. In this instance, your earned value is $45,000 and your actual cost is $50,000.
Therefore, cost variance will be -$5,000. Answer option C is incorrect. Earned value - planned value is the
formula for finding the schedule variance using earned value management.
Answer option B is incorrect. Earned value/actual cost is the formula for finding the cost performance index.
Answer option D is incorrect. Earned value - budget at completion is the formula for finding the project
variance at the end of the project.
What is CV?
Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are higher
than budgeted or lower than budgeted. The cost variance is calculated based on the following formula:
CV = Earned Value (EV) - Actual Cost (AC)
A positive value means that spending is less than budgeted, whereas a negative value indicates that costs
are higher than originally planned for the project.

NEW QUESTION: 3
You are a business analyst for your organization and you're working with the stakeholders to identify the primary inputs to the business analysis approach. Which of the following are primary inputs of planning the business analysis approach?
Each correct answer represents a complete solution.
A. Penalty of not seizing the opportunity
B. Expert Judgement
C. Organizational process assets
D. Business need
Answer: B,C,D
Explanation:
Explanation
These are the primary inputs of planning the business analysis approach. The primary input of planning the business analysis approach is to consider the problem or opportunity faced by the organization. Time allowed for business analysis planning does have an effect on the thoroughness of the business analysis activities. The risk associated with the plan is also considered.

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