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What are offenses used for?
A. To bundle information about a suspicious activity, including events and flows.
B. To provide incident statistics based on rule group membership.
C. To track the time spent investigating incidents by an Analyst.
D. To allow the Historical Correlation engine to check for previous occurrences of security incidents
Answer: C
A medium-sized manufacturing company, which operates in the electronics industry, has employed a firm of consultants to carry out a review of the company's planning and control systems. The company presently uses a traditional incremental budgeting system and the inventory management system is based on economic order quantities (EOQ) and reorder levels. The company's normal production patterns have changed significantly over the previous few years as a result of increasing demand for customized products. This has resulted in shorter production runs and difficulties with production and resource planning. The consultants have recommended the implementation of activity based budgeting and a manufacturing resource planning system to improve planning and resource management.
What are the benefits for the company that could occur following the introduction of an activity based budgeting system?
Select ALL the correct answers.
A. Under an activity based budgeting system, resource allocation is linked to the strategic plan and is prepared after considering alternative strategies. This approach ensures that new activities that are required to meet the company's strategic objectives are included in the budget.
B. Activity Based Budgeting Systems present costs under functional headings i.e. the emphasis is on the nature of the cost. The weakness if this approach is that it gives little indication of the link between the level of activity and the cost incurred.
C. Activity based techniques including activity based budgeting focus on the outputs of a process rather than the input to the process. This approach provides a clear framework for understanding the link between costs and the level of activity. It allows the ranking of activities and the determination of how limited resources should be allocated across competing activities.
D. The approach under an Activity based Budgeting System is to make arbitrary cuts in order to meet overall financial targets.
E. Under a traditional incremental budgeting system the focus is on existing resources and operations.
Adjustments are then made for changes in activity and price which results in past inefficiencies being perpetuated. Under an activity based budgeting system, only resources that are needed to perform activities required to meet the budgeted production and sales volumes are included.
Answer: A,C,E
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/p1-103-2-jyi/
The quality function deployment process is used to______________
A. Provide better product definition and product development
B. Help products to succeed in the marketplace
C. Support production planning and the just-in-time approach
D. Improve the functional characteristics of a product
Answer: A
Explanation:
Quality function deployment helps a design team to define, design, manufacture, and deliver a product or service to meet or exceed customer needs. Its main features are to capture the customer's requirements, ensure cross-functional teamwork, and link the main phases of product development - product planning, part deployment, process planning, and production planning. [Planning] Evans and Lindsay 2005, 568-569 PMI@, PMBOK@ Guide, 2013, 556
Managed code manages:
A. Processor optimization
B. Memory
C. Source code
D. Database connections
Answer: C
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