North Carolina Real Estate Commission NCREC-Broker-N Q&A - in .pdf

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  • Exam Name: NC Real Estate Broker National
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NEW QUESTION: 1
Does FI-Batch support restartability to restart jobs within Finacle without external systems intervention to resend the file?
A. Yes
B. No
Answer: A

NEW QUESTION: 2
Which two statements are true when implementing fabric binding? (Choose two.)
A. Activation must be performed globally.
B. Cisco Fabric Services must be enabled on a switch to distribute configuration information.
C. Activation must be performed globally on a switch.
D. Activation must be performed on a per-VSAN basis.
E. The MAINFRAME_PKG or the ENTERPRISE_PKG license must be installed on a switch.
Answer: D,E
Explanation:
Explanation/Reference:
Reference: https://www.cisco.com/c/en/us/td/docs/switches/datacenter/mds9000/sw/4_1/configuration/ guides/cli_4_1/clibook/binding.pdf

NEW QUESTION: 3
You are the project manager of the HQQ Project. Your project is running late by ten percent of where you should be at this time. Management is concerned and they'd like to know what is your schedule performance index. Considering that the project has a BAC of $567,899, you are thirty percent complete, and you have spent $179,450, what is the SPI for this project?
A. $227,140
B. -$56,789
C. 0.95
D. 0.75
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The schedule performance index is found by dividing the earned value by the planned value. In this instance, the planned value is ten percent more than where the project is forty percent of the budget at completion. Schedule performance index (SPI) is the measure of schedule efficiency on a project. It is used in trend analysis to predict future performance. SPI is the ratio of earned value to planned value. The SPI is calculated based on the following formula: SPI = Earned Value (EV) / Planned Value (PV) If the SPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The SPI value of 1 indicates that the project is right on target.
Incorrect Answers:
A, D: An index is a decimal value.
C: 0.95 is the project's cost performance index.

NEW QUESTION: 4
You work as a project manager for TechSoft Inc. You are working with the project stakeholders on the qualitative risk analysis process in your project. You have used all the tools to the qualitative risk analysis process in your project. Which of the following techniques is NOT used as a tool in qualitative risk analysis process?
A. Risk Urgency Assessment
B. Risk Reassessment
C. Risk Categorization
D. Risk Data Quality Assessment
Answer: B
Explanation:
Explanation/Reference:
Explanation:
You will not need the Risk Reassessment technique to perform qualitative risk analysis. It is one of the techniques used to monitor and control risks.
Incorrect Answers:
A, C, D: The tools and techniques for Qualitative Risk Analysis process are as follows:
Risk Probability and Impact Assessment: Risk probability assessment investigates the chances of a

particular risk to occur.
Risk Impact Assessment investigates the possible effects on the project objectives such as cost,

quality, schedule, or performance, including positive opportunities and negative threats.
Probability and Impact Matrix: Estimation of risk's consequence and priority for awareness is conducted

by using a look-up table or the probability and impact matrix. This matrix specifies the mixture of probability and impact that directs to rating the risks as low, moderate, or high priority.
Risk Data Quality Assessment: Investigation of quality of risk data is a technique to calculate the

degree to which the data about risks are useful for risk management.
Risk Categorization: Risks to the projects can be categorized by sources of risk, the area of project

affected and other valuable types to decide the areas of the project most exposed to the effects of uncertainty.
Risk Urgency Assessment: Risks that requires near-term responses are considered more urgent to

address.
Expert Judgment: It is required to categorize the probability and impact of each risk to determine its

location in the matrix.

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