AGA GAFRB Q&A - in .pdf

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  • Exam Code: GAFRB
  • Exam Name: Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)
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NEW QUESTION: 1
Jane Winslow is the supply management professional for Carter candles. She is performing a risk benefit analysis based on her spend categories. She is evaluating an expenditure which has high risk and high benefit this would be most likely categorize as which category in a risk benefit analysis?
A. Strategic
B. Bottleneck
C. Leverage
D. Tactical
Answer: A
Explanation:
Jane Winslow is the supply management professional for Carter candles. She is performing a risk benefit analysis based on her spend categories. She is evaluating an expenditure which has high risk and high benefit this would be most likely categorize as Strategic category in a risk benefit analysis.
Leverage has low risk and high benefit in a risk benefit analysis. Bottleneck has high risk and low benefit t in a risk benefit analysis. Tactical has low risk and low benefit in a risk benefit analysis.

NEW QUESTION: 2
You are in the process of developing an approximation of the costs of the resources needed to complete each schedule activity. All of the following are outputs of this process EXCEPT:
A. Requested changes
B. Activity cost estimates
C. Cost management plan updates
D. Cost baseline
E. Activity cost estimate supporting detail
Answer: D

NEW QUESTION: 3
A BPM analyst is performing a process inventory analysis at a company that has many processes and has gathered all required information to calculate a priority value for each process in order to rank them. How should the BPM analyst compute this?
A. Provide a scale for each of the prioritization criterion and weigh the criteria against the processes.
B. Have the customer and the BPM analyst provide 2 different priority values independently and calculate 1 priority value.
C. Count the number of activities in diagram and evaluate the complexity of the diagram to provide a value and calculate a priority value.
D. Provide a scale and weight for each activity in the process.
Answer: A

NEW QUESTION: 4

A. Option D
B. Option E
C. Option C
D. Option A
E. Option B
F. Option F
Answer: B,E

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