CCFR-201 Practice Questions

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NEW QUESTION: 1
You are the project manager for a custom home-building construction company. You are working on the model home project for the upcoming Show Homes Tour. The model home includes Internet connections in every room and talking appliances. You are working on the cost budget for this project. All of the following statements are true except which one?
A. The cost baseline is the expected cost for the project.
B. The cost baseline will be used to measure variances and future project performance.
C. This process assigns cost estimates to project activities, including risks and contingency plans.
D. This process assigns cost estimates for expected future period operating costs.
Answer: D
Explanation:
Future period operating costs are considered ongoing costs and are not part of project costs.

NEW QUESTION: 2
Which of the following is an advantage of UDP over TCP?
A. It is connection based.
B. It transfers packets faster.
C. It uses flow control.
D. It uses connection handshakes.
Answer: B

NEW QUESTION: 3
Which of the following activities creates administrative costs associated with a concentration system?
A. Reviewing positive pay exception reports
B. Monitoring short-term investments
C. Scheduling cash transfers
D. Centralizing the check issuance process
Answer: C