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NEW QUESTION: 1
Giving or attempting to give to another person an instrument known to be false with intent to defraud is:
A. Counterfeiting
B. Uttering
C. None of the above
D. False pretenses
E. Forgery
Answer: B

NEW QUESTION: 2
Which of the following consumer applications are integrated out-of-the-box with the payment card process of SAP digital payments add-on? Note: There are 3 correct Answers to this question.
A. External Billing
B. SAP S/4HANA Cloud for Customer Payments
C. Contract Accounting
D. SAP Real Spend
E. SAP Cash Application
Answer: A,B,C

NEW QUESTION: 3
You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, the team leader of a project, provides you performance indexes of her project. The cost variance
(CV)
of her project is -20. What does this figure depict?
A. Spending is right on target.
B. The project is behind schedule.
C. Costs are higher than planned.
D. Costs are lower than planned.
Answer: C
Explanation:
According to the question, the cost variance of the project is -20, which is a negative figure. The negative
CV depicts that the costs are higher than planned.
What is CV?
Cost variance (CV) is a measure of cost performance on a project. The variance notifies if costs are higher
than budgeted or lower than budgeted. The cost variance is calculated based on the following formula:
CV = Earned Value (EV) - Actual Cost (AC)
A positive value means that spending is less than budgeted, whereas a negative value indicates that costs
are higher than originally planned for the project. Answer option C is incorrect. This result is drawn when the
CV value is positive. Answer option B is incorrect. If the CV is zero, it shows that spending is right on target.
Answer option A is incorrect. This result is depicted by viewing the schedule variance (SV), not the CV.
What is SV?
Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the
schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated
based on the following formula:
SV = Earned Value (EV) - Planned Value (PV)
If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0
shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on
target.

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