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NEW QUESTION: 1
Along your portfolio lifecycle, you have been conducting multiple review meetings to ensure continuation from one phase to another and to ensure the alignment and value delivery, in addition to communicating decisions and valuable information to the related stakeholders. When it comes to decisions and actions taken by the governance board as a result of these meetings, they are communicated through
A. Portfolio Management Plan Updates
B. Portfolio Process Assets Updates
C. Portfolio Updates
D. Portfolio Reports
Answer: D
Explanation:
Explanation
This type of outputs is presented in the form of portfolio reports; reports can include Governance recommendations, Governance decisions, Portfolio component, recommendations, updates in resources, risks/issues, value/benefits, performance, and financials, etc.
NEW QUESTION: 2
What data retrieval method does not require admins to have a deep understanding of the database?
A. Reports
B. Weekly Export
C. Data leader
D. API
Answer: A,B
NEW QUESTION: 3
A firm has recently converted its purchasing cycle from a manual process to an online computer system. Which of the following is a probable result associated with conversion to the new automatic system?
A. Traditional duties are less segregated.
B. Processing time is increased.
C. The firm's risk exposures are reduced.
D. Processing errors are increased.
Answer: A
Explanation:
In a manual system with appropriate internal control, separate individuals are responsible for authorizing transactions, recording transactions, and custody of assets. These checks and balances prevent fraud and detect inaccurate or incomplete transactions. In a computer environment, however, this segregation of duties is not always feasible. For example, a computer may print checks, record disbursements, and generate information for reconciling the account balance.