1. (Blank) is the PMBOK process that identifies those project needs that can be met by acquiring products and services from outside suppliers, determines what to purchase or acquire, and finalizes when and how to do so. A. Plan procurement…
1. A contract is a unilateral, binding document that obligates the seller to furnish supplies or services to the buyer. A. False 2. All of the following accurately describe the features and characteristics of a contract EXCEPT: A. The project…
1. A contract is a unilateral document that obligates the seller to provide specified products and services under terms agreeable to the buyer. A. False 2. A description of the procurement item in sufficient detail to allow prospective sellers to…
1. A dollar paid (or received) in the future is A. not worth as much as a dollar paid (or received) today. 2. A loan is offered with monthly payments and a 10 percent APR. What is the loan’s effective…
1. A business impact analysis may include succession planning or determining in advance who will be authorized to take over in the event of the incapacitation or death of key employees. A. Falce 2. A forensic investigator at a crime…
A Digital signature is a piece of data digest encrypted with: A. The private key of the signer. A firewall examines each packet entering or leaving the network, and accepts or drops it based on: A. Pre-defined firewall rules A…
1. A basic assumption that underlies financial reporting is that an entity will continue as a going concern. A. True 2. A change in accounting estimate is an example of an accounting change that affects comparability and requires an explanatory/emphasis-of-matter…
1.The data below from the State Division of Motor Vehicles (DMV) shows the rate of new driver’s license applications. Month Week1 Application April 1 238 2 199 3 215 4 212 May 1 207 2 211 3 196 4 206…
1. The Spearman rank-correlation coefficient for 20 pairs of data when Σdi2 = 50 is _____. A. .9624 2. The level of measurement that allows for the rank ordering of data items is _. A. ordinal measurement 3. Forty-one individuals…
1.Future events that cannot be controlled by the decision maker are called _.A) states of nature 2.Exhibit 20-5Below is a payoff table involving three states of nature and three decision alternatives. DecisionAlternative S1 S2 S3 A -20 10 15 B…
