AGA GFMC Q&A - in .pdf

  • GFMC pdf
  • Exam Code: GFMC
  • Exam Name: Examination 3: Governmental Financial Management and Control (GFMC)
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
In SAP HANA Series Data, which of the following methods do you use to convert finer interval readings to a coarser interval? Please choose the correct answer.
A. Vertical aggregation
B. Vertical disaggregation
C. Horizontal aggregation
D. Horizontal disaggregation
Answer: C

NEW QUESTION: 2
Which of the following should be considered to ensure that risk responses that are adopted are cost-effective and are aligned with business objectives?
Each correct answer represents a part of the solution. Choose three.
A. Adopt only pre-defined risk responses of business
B. Recognize the business risk appetite
C. Explanation:
Risk responses require a formal approach to issues, opportunities and events to ensure that
solutions are cost-effective and are aligned with business objectives. The following should be
considered:
While preparing the risk response, identify the risk in business terms like loss of productivity,
disclosure of confidential information, lost opportunity costs, etc.
Recognize the business risk appetite.
Follow an integrated approach in business.
Risk responses requiring an investment should be supported by a carefully planned business case
that justifies the expenditure outlines alternatives and describes the justification for the alternative
selected.
D. Identify the risk in business terms
E. Follow an integrated approach in business
Answer: B,C,D,E
Explanation:
is incorrect. There is no such requirement to follow the pre-defined risk responses. If
some new risk responses are discovered during the risk management of a particular project, they
should be noted down in lesson leaned document so that project manager working on some other
project could also utilize them.

NEW QUESTION: 3

Based on the information in the attached screenshot, what XML configuration would you use to configure propagation mapping? Please choose the correct answer.
A. <propagation-mapping foundation- field="location.standardHours" hris- field="joblnfo.externalCode" />
B. <propagation-mapping foundation- field="location.externalCode" hris- field="joblnfo.externalCode" />
C. <propagation-mapping foundation- field="location.standardHours" hris- field="joblnfo.location" />
D. <propagation-mapping foundation- field="location.externalCode" hris- field="joblnfo.location" />
Answer: D

NEW QUESTION: 4
Several marketplace factors helped fuel the movement toward consumer choice. Which one of the following statements is NOT accurate with regard to these factors?
A. Increased utilization was the largest factor contributing to the rise in premiums, accounting for 43% of the increase.
B. After a period of relative stability, annual growth in private health spending per capita began to increase rapidly in 2002.
C. Employer payers began seeking ways to control spiraling utilization rates and provide lower cost health coverage options.
D. During the height of the recent cost upswing, insurance premiums were increasing by more than 13% annually.
Answer: B

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