Shared Assessments CTPRP Q&A - in .pdf

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NEW QUESTION: 1
Which of the following is correct?
A. An ordinary resolution may be passed by 50% plus 1 of the shareholders who are present and voting in favor of the proposal either in person or by proxy.
B. An ordinary resolution may only be passed by 51% of all the company's shareholders voting in favor of the proposal either in person or by proxy.
C. An ordinary resolution may only be passed by all the company's shareholders voting in favor of the proposal either in person or by proxy.
D. An ordinary resolution may only be passed by 75% of the shareholders who are present voting in favor of the proposal either in person or by proxy.
Answer: A

NEW QUESTION: 2
For risk management purposes, the value of an asset should be based on:
A. net cash flow.
B. net present value.
C. original cost.
D. replacement cost.
Answer: D
Explanation:
The value of a physical asset should be based on its replacement cost since this is the amount that would be needed to replace the asset if it were to become damaged or destroyed. Original cost may be significantly different than the current cost of replacing the asset. Net cash flow and net present value do not accurately reflect the true value of the asset.

NEW QUESTION: 3
.What often results in project scope creep when functional requirements are not defined as well as they could be?
A. Insufficient strategic planning
B. Inaccurate resource allocation
C. Inadequate softwarebaselining
D. Project delays
Answer: C
Explanation:
Inadequate software baselining often results in project scope creep because functional requirements are not defined as well as they could be.

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