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NEW QUESTION: 1
You've been hired by a large consulting firm to evaluate a software project for them. You have access to the CPI and EV for the project, but not the AC. The CPI is .92, and the EV is $172,500. How much money has actually been spent on the project?
A. $187,500
B. $158,700
C. $172,500
D. There is not enough information to calculate the actual cost
Answer: A
Explanation:
You can figure out the actual cost that was spent on a project, even if all you're given are some of the project metrics. In this case, if you only have CPI and EV, you can figure out the AC by writing down the formula that has all three of them: CPI = EV / AC. Now flip the formula around: AC = EV / CPI = $172,500 / .92 = $187,500.
NEW QUESTION: 2
You want an invoice to be due in four stages. What should you do when creating the invoice to accomplish this?
A. Assign an invoicing rule with four schedules.
B. Assign payment terms that have four payment schedules.
C. Assign payment terms that have four discount periods defined.
D. Create four lines and assign different payment terms to each line.
E. Assign an accounting rule with four schedules.
Answer: B
NEW QUESTION: 3
Experience rating and manual rating are two rating methods that the Cheshire health plan uses to determine its premium rates. One difference between these two methods is that, under experience rating, Cheshire
A. charges each group in the same class the same premium whereas, under manual rating, Cheshire charges lower premiums to groups that have experienced lower utilization rates
B. Uses a purchaser's actual experience to estimate the group's expected experience, whereas, under manual rating, Cheshire uses its own average experience-and sometimes the experience of other plans-to estimate the group's expected experience
C. can establish rates for groups that have no previous plan experience, whereas, under manual rating, Cheshire cannot establish rates for groups with no previous plan experience
D. can use group demographics to help determine the rate for a block of business, whereas, under manual rating, Cheshire cannot use group demographics when determining the rate for a block of business
Answer: B
NEW QUESTION: 4
A. POWER5
B. POWER7
C. POWER6
D. POWER4
Answer: C
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