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NEW QUESTION: 1
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
A. The highest Approval sequence is the final approver.
B. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
C. You can create multiple approvers for the same manager.
D. The alternate approver must be a part of the regular plan hierarchy.
Answer: A,B,C
Explanation:
Explanation
By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. The alternate approver does not have to be a part of the regular plan hierarchy. You can create multiple approvers for the same manager by identifying the specific individuals and using the approval sequence to determine the order in which approvals occur. The highest sequence is the final approver.
Alternate hierarchies are commonly used when approval control transitions from managers to the HR department.

NEW QUESTION: 2
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. For this you maintain a risk register. The risk register is used throughout the portfolio life cycle in order to track and manage risks. It is continually updated throughout the portfolio life cycle. As a portfolio manager, you know that the risk register includes all of the following except
A. Probability Impact Assessment
B. Person who Identified the risk
C. Updated risk categories
D. List of potential responses
Answer: B

NEW QUESTION: 3
Which of the following is the GREATEST benefit when enterprise risk management (ERM) provides oversight of IT risk management?
A. Ensuring the IT budget and resources focus on risk management
B. Aligning IT with short-term and long-term goals of the organization
C. Prioritizing internal departments that provide service to customers
D. Ensuring senior management's primary focus is on the impact of identified risk
Answer: B