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GARP 2016-FRR - Financial Risk and Regulation (FRR) Series Exam Braindumps

GARP 2016-FRR - Financial Risk and Regulation (FRR) Series Exam Braindumps

  • Certification Provider:GARP
  • Exam Code:2016-FRR
  • Exam Name:Financial Risk and Regulation (FRR) Series Exam Exam
  • Total Questions:276 Questions and Answers
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NEW QUESTION: 1
Which activity in the fundamental test process includes test script generation?
A. Test planning and control
B. Test implementation and execution
C. Test analysis and design
D. Test closure activities
Answer: A

NEW QUESTION: 2
Which of the following components of EVA defines the total costs actually incurred and recorded in accomplishing work performed during a given time period for a schedule activity?
A. EV
B. AC
C. PV
D. CV
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
Actual cost (AC) is the total cost actually incurred and recorded in accomplishing the work performed during a given time period for a schedule activity. It is the cost of the work to date, including direct and indirect costs. AC is money that has actually been expended to date. AC is also called actual cost of work performed (ACWP).
Answer option B is incorrect. Earned value (EV) is the value of completed work. It is the budgeted amount for the work actually completed on the schedule activity during a given time period. EV is typically expressed as a percentage of the work completed compared to the budget. EV is also called budgeted cost of work performed (BCWP).
Answer option D is incorrect. Planned value (PV) is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or work breakdown structure (WBS) component. PV is also called budgeted cost of work scheduled (BCWS).
Answer option A is incorrect. Cost variance (CV) is a measure of cost performance of a project. The variance notifies if costs are higher than budgeted or lower than budgeted. The cost variance is calculated based on the following formula:
CV = Earned value (EV) - Actual cost (AC)
A positive value means that spending is less than budgeted, whereas a negative value indicates that costs are higher than originally planned for the project.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Earned Value Analysis and Forecasting

NEW QUESTION: 3
What cipher suite is specified by the 802.11-2016 standard and is not deprecated?
A. Temporal Key Integrity Protocol
B. Counter Mode with CBC- MAC Protocol
C. Extensible Authentication Protocol
D. Wired Equivalent Privacy
Answer: B

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