PSPO-I Practice Questions

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NEW QUESTION: 1
ABAP Unit Test Browser is included in Object Navigator with SAP NetWeaver 7.0 EHP 2.
A. False
B. True
Answer: B

NEW QUESTION: 2
A customer wants to setup a SOHO wired network. The customer needs assistance in setting up a static IP address on three computers on the network. Which of the following is the BEST solution for the technician to implement?
A. Local Area Connections >Properties > TCP/IP > Properties > General > Specify, type in the IP address
B. Internet Options > Advanced tab > LAN settings, type in the IP address
C. Windows Firewall > the Connections tab > Add Exception > Change Scope, type in the IP address
D. Internet Options >Connection > Network > LAN settings > choose Proxy server, type in the IP address
Answer: A

NEW QUESTION: 3
Billy is the project manager of the PQW Project and she has an assigned project budget of $655,000.
Currently she is 80 percent complete with the project though she was scheduled to be 90 percent done by this date. She has spent $490,000 to date. What should Billy report as her cost performance index (CPI)for this project?
A. .89
B. .07
C. 1.07
D. $34,000
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Cost performance index (CPI) is used to calculate performance efficiencies. It is used in trend analysis to predict future performance. CPI is the ratio of earned value to actual cost. The CPI is calculated based on the following formula: CPI = Earned Value (EV) / Actual Cost (AC) If the CPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The CPI value of 1 indicates that the project is right on target. In this instance the earned value is $524,000 and the actual costs are $490,000. In this project Billy has spent less than what the work is worth - a good thing. This could be because of a cost savings, such as travel or shipping, or because a risk event didn't come into play. This causes the positive CPI - something which does not happen very often.
Incorrect Answers:
A: .07 is an incorrect calculation for the cost performance index for the project.
C: $34,000 is the cost variance of the project.
D: .89 represents the schedule performance index.

NEW QUESTION: 4
FASB Interpretations of Statements of Financial Accounting Standards have the same authority as the
FASB:
A. Statements of Financial Accounting Standards.
B. Technical Bulletins.
C. Emerging Issues Task Force Consensus.
D. Statements of Financial Accounting Concepts.
Answer: A
Explanation:
Choice "d" is correct. FASB interpretations of the "statements of financial accounting standards" (SFAS)
have the same authority as the FASB statements of financial accounting standards (SFAS), which by
themselves determine GAAP. Choice "a" is incorrect. Statements of financial accounting concepts (FAC's)
have much less authority (fifth floor) and do not by themselves determine GAAP as is the case with
SFASs and interpretations of SFASs. Choice "b" is incorrect. Emerging issues task force (EITF)
consensus is in the nature of a "third floor" authority. The EITF was established in 1984 to aid the FASB in
identifying and implementing emerging issues before they become widespread and ultimately require
action by the FASB. After discussing the issues and the relevant accounting pronouncements, the group
can sometimes reach a consensus on an issue, in which case no action by the FASB is usually needed.
Choice "c" is incorrect. Technical bulletins of the FASB (second floor) do not by themselves determine
GAAP.