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NEW QUESTION: 1
An auditor-in-charge is preparing her audit team for a consulting engagement at one of the organization's foreign subsidiaries. According to the Standards, which of the following would not be a necessary step prior to beginning the engagement?
A. Communicate what logistical support will be provided by the subsidiary for the duration of the engagement.
B. Communicate a time frame as well as a contingency plan in the event the engagement may take longer than expected.
C. Verify that none of the audit team worked for the foreign subsidiary within the last year to ensure independence.
D. Agree, in writing, with the subsidiary's senior management regarding the scope of the engagement.
Answer: C

NEW QUESTION: 2
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B. If the "Allow resource changes at project level" option is set toNofor the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
D. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
Answer: B
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-financ Topic -Entering Planning Resource Breakdown Structure Details
* ClickNavigator > Setup and Maintenance Manage Planning and Billing Resource Breakdown Structurestask.
* Click theManage Planning and Billing Resource Breakdown Structureslink.
Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning and billing resource breakdown structures.
* Click theCreateicon in the Planning Resource Breakdown Structures section.
* Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name, active dates, and project unit.
* Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.
* Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.
* Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
* If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project levelcheck box.
Tip:Changes at the project level don't move back to the parent planning resource breakdown structure.Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
* Optionally, select aJob Setas a source of jobs for creating planning resources on your planning resource breakdown structure.
* ClickSave.


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