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NEW QUESTION: 1
The reason that the cost performance index (CPI) is shown as a ratio is to______________
A. Enable a detailed analysis of the schedule regardless of the value of the schedule variance
B. Provide the ability to show performance for a specified time period for trend analysis
C. Distinguish between critical path and noncritical path work packages
D. Measure the actual time to complete the project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Because schedule performance index (SPI) and cost performance index (CPI) are expressed as ratios, they can be used to show performance for a specific time period or trends over a long-time horizon.
Additionally, there is no need to disclose confidential financial data to convey the project's status to one's customers; they should not have a need to know such information, unless there is a contractual requirement to do so.

NEW QUESTION: 2
Which two setups are required to ensure the same tax is applied on both intercompany payable and receivable invoice?
A. You should check if any specific rules defined should cover
bothSales_transactionandpurchase_transactionbusiness category.
B. Ensure that both the receiver and provider business units and legal entities are subscribed to the applicable tax regime on the transaction date.
C. Payable options are receivable system options should have same tax application options.
D. Tax for inter-company is to be loaded using Create Taxable Transactions in
Spreadsheet.
E. First enter Payable transaction to calculate tax and then for Receivable Transaction.
Answer: B,E

NEW QUESTION: 3
An assumption of normality when returns data have fat tails leads to:
I. underestimation of VaR at high confidence levels
II. overestimation of VaR at low confidence levels
III. overestimation of VaR at high confidence levels
IV. underestimation of VaR at low confidence levels
A. II, III and IV
B. I and II
C. I, II and III
D. I, II, III and IV
Answer: B
Explanation:
Explanation
When returns are non-normal and have fat tails, an assumption of normality in returns leads to underestimation of VaR at high confidence levels. At the same time, at lower confidence levels the normal distribution may give higher VaR estimates. Therefore Choice 'a' is correct. The other choices are incorrect.
Also refer to the tutorial about VaR and heavy tails.