NCC EFM Q&A - in .pdf

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  • Exam Code: EFM
  • Exam Name: Certified - Electronic Fetal Monitoring
  • PDF Version: V13.25
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NEW QUESTION: 1
You need to define multiple allocation rules as efficiently as possible. Which three components can be reused across allocation rules?
A. RuleSets
B. Run Time Prompts (RTP)
C. Formulas
D. Point of View (POV)
Answer: A,B,D
Explanation:
Explanation
Allocation Manager: Overview
The Allocation Manager creates, validates, deploys, and administers sophisticated allocation rules. In the Allocation Manager:
Base formulas on multiple criteria, such as account balances or statistical amounts, to allocate shared revenue or costs across multiple organizational units.
Use complex computations based on different variables to automatically calculate allocated amounts.
Group journal formulas together and executed sequentially to update account balances step-by-step.
There are three types of objects that can be created in Allocation Manager:
Components: Contain formulas, points of view, or allocation objects.
Rules: Contain components such as points of view, formulas, and templates, which are used to create allocation calculations.
Rule Sets: Contain sets of rules that can be calculated sequentially
NoteThe following are limitation in Oracle Fusion General Ledger.
Allocation rules cannot be shared across rule sets in Allocation Manager.
Within a rule or rule set, the same target or offset cannot be written to by multiple rule components.
When generating allocation rules with run time prompts other than the User Point of View in an allocation rule component, an error occurs.
https://docs.oracle.com/cd/E37017_01/fusionapps.1115/e20374/F494861AN1D1EE.htm

NEW QUESTION: 2
You are the HR Professional for your organization and you've identified a risk event. The risk event can be mitigated by purchasing an insurance to protect the organization. The purchase of the insurance policy is what type of risk response?
A. Sharing
B. Transference
C. Avoidance
D. Acceptance
Answer: B
Explanation:
Explanation/Reference:
Answer option B is correct.
Transference doesn't make the risk go away, but it transfers the risk to a third party, usually for a fee.
Purchasing insurance is an example of transference.
Transference
Transference is a strategy to mitigate negative risks or threats. In this strategy, consequences and the ownership of a risk is transferred to a third party. This strategy does not eliminate the risk but transfers responsibility of managing the risk to another party. Insurance is an example of transference.
Answer option A is incorrect. Avoidance is changing the project plan, organization goals, or work to completely remove, or avoid, the risk event.
Answer option C is incorrect. Acceptance is generally for smaller risk events, or risk events that cannot be avoided, such as weather.
Answer option D is incorrect. Sharing is a positive risk response where an organization partners with another entity to realize an opportunity. A teaming agreement between competitors is an example of sharing.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Risk Management
Objective: Risk Management

NEW QUESTION: 3
A customer has an HPE D3000 enclosure with a drive that has all LEDs off.
What could this indicate?
A. The drive is not an active component of an array.
B. The drive is inactive, but is not safe to remove and data loss will occur.
C. The drive is being identified by a host application.
D. The drive has failed.
Answer: A

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