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NEW QUESTION: 1
First National Bank has an employee benefit program whereby all bank employees who meet the bank's credit underwriting standards may obtain consumer loans for major purchases or expenses at a rate that is less than the bank's prime rate. Can the bank allow its executive officers to borrow under this program?
A. Yes. However, executive officers must secure their loans with collateral valued at 100 percent of the loan balance or more.
B. Yes. Provided the program is available to everyone at the bank as an employee benefit, executive officers may also participate.
C. No. However, the related interests of the executive officers may take advantage of it.
D. No. Executive officers may not have preferential interest rates under any circumstances.
Answer: B

NEW QUESTION: 2
Which type of analysis would be used for the Plan Quality process?
A. Cost-Benefit
B. Assumption
C. Checklist
D. Schedule
Answer: A
Explanation:
Explanation/Reference:
Explanation:
8.1.2.1 Cost-Benefit Analysis
The primary benefits of meeting quality requirements include less rework, higher productivity, lower costs, increased stakeholder satisfaction, and increased profitability. A cost-benefit analysis for each quality activity compares the cost of the quality step to the expected benefit.
Process: 8.1 Plan Quality Management
Definition: The process of identifying quality requirements and/or standards for the project and its deliverables and documenting how the project will demonstrate compliance with quality requirements and/ or standards.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how quality will be managed and validated throughout the project.
Inputs
1. Project management plan
2. Stakeholder register
3. Risk register
4. Requirements documentation
5. Enterprise environmental factors
6. Organizational process assets
Tools & Techniques
1. Cost-benefit analysis
2. Cost of quality
3. Seven basic quality tools
4. Benchmarking
5. Design of experiments
6. Statistical sampling
7. Additional quality planning tools
8. Meetings
Outputs
1. Quality management plan
2. Process improvement plan
3. Quality metrics
4. Quality checklists
5. Project documents updates

NEW QUESTION: 3
According to ITIL@ v3 framework, which type of incident escalation is characterized by escalating an incident to a second-level or third-level support group if it is clearly known the expertise to resolve the incident is not at the current level?
A. hierarchic
B. internal
C. functional
D. external
Answer: C