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CMA-Strategic-Financial-Management

Exam Code: CMA-Strategic-Financial-Management

Exam Name: CMA Part 2: Strategic Financial Management Exam

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three separate risk scores. Who is correct in this scenario?
A. Explanation:
Sammy She certainly can create an assessment for a risk event for time cost, and scope. It is probable that a risk event may have an effect on just one or more objectives so an assessment of the objective is acceptable.
B. Harry is correct, the risk probability and impact matrix is the only approach to risk assessment.
C. Sammy is correct, because organizations can create risk scores for each objective of the project.
D. Harry is correct, because the risk probability and impact considers all objectives of the project.
E. Sammy is correct, because she is the project manager.
Answer: C
Explanation:
is incorrect. Just because Sammy is the project manager, it is not necessary that she is right. Answer:D is incorrect. Harry's reasoning is flawed as each objective can be reviewed for the risk's impact rather than the total project. Answer:C is incorrect. Harry is incorrect as there are multiple approaches to risk assessment for a project

NEW QUESTION: 2
Recently, you lost several opportunities to the same competitor.
You want to start tracking lost opportunities.
You need to identify what information about the competitor can be retrieved from Dynamics
CRM.
What two pieces of information should you identify? Each correct answer presents a complete solution.
A. the value of each opportunity lost to the competitor
B. the projected revenue of the competitor
C. the stakeholders of the competitor
D. the opportunities at risk to the competitor
Answer: B,D

NEW QUESTION: 3
An organization is replacing its core insurance platform. The solution is made up of internally hosted insurance systems and applications hosted in the cloud. Which of the following activities is part of service transition?
A. Ensure that monitoring controls are implemented by the cloud provider to ensures that the system is highly available and that performance can be measured.
B. Ensure that the capacity and storage is available to meet the current and future demands of the solution of the cloud provider's infrastructure.
C. Ensure that as part of the change management process the events are sequenced to include the cloud provider and that they have resources available.
D. Ensure that the SLA's for availability have been well documented and agreed to as part of the contract arrangement between the two companies.
Answer: C

NEW QUESTION: 4
Your enterprise must decide whether to use a database management system. Which of the following best describes the functionality of a DBMS?
A. A DBMS provides the ability to control data access and limit the number of users at one time.
B. A DBMS provides the ability to maintain databases while providing increased security for the database.
C. A DBMS provides the ability to define, create and maintain databases while providing controlled access to databases.
D. A DBMS allows users to access the database while allowing the database administrator to define views particular to individual sets of users.
Answer: C

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