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  • Exam Number/Code : CFCS
  • Exam Name : Financial Crime Specialist
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
You work as a project manager for HRM Inc. You are involved in the cost management work for the project. George, one of the newly joined team members, wants to know the processes involved in the project cost management work. What will you tell George?
A. Perform quality assurance
B. Control costs
C. Estimate costs
D. Determine budget
Answer: B,C,D
Explanation:
Explanation/Reference:
Explanation:
Answer options D, A, and B are correct.
Project Cost Management consists of the processes involved in planning, estimating, budgeting, and controlling costs in order to complete the project within the approved budget. It is a set of processes required to ensure that the project is completed within the approved budget:
Estimate Costs: It is the process used to build up an estimate of the monetary resources required to

complete project activities
Determine Budget: It is the process used to aggregate the probable costs of individual activities or

work packages to set up an authorized cost baseline
Control Costs: It is the process used to examine the condition of the project to update the project

budget and changes to the cost baseline
Project Cost Management is an important part of project planning is estimating the amount of time and cost associated with a project and using this process to create baselines for time and cost. The cost estimate includes costs for facilities, labor, and material. The time estimate encompasses the total hours of work needed to complete the project.
In the image below, the estimate has been expanded to highlight the components of time and cost. This section shows the relationship between these components.

The planning process with the time and cost estimate
Project costs typically fall into the following categories: Labor, Equipment and material, and Facilities.
These costs are typically charged directly to a project (direct costs) while others are overhead (indirect costs).
Direct labor costs include the costs for personnel actively involved in the project, and direct equipment and material costs are costs that are directly associated with the project. For example, computer and networking components are direct equipment and material costs. Indirect overhead costs include items used in support of the project, such as the cost of support and administrative personnel, and the cost of incidentals, such as office supplies, rent and electricity.Answer option C is incorrect. The Perform Quality Assurance process is involved in the project quality management work.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Cost vs. Quality

NEW QUESTION: 2
You have a computer named Computer1 that runs Windows 10. Computer1 contains a registry key named Key1 that has the values shown in the exhibit. (Click the Exhibit tab.).

You have a Registration Entries (.reg) file named File1.reg that contains the following text.
Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Key1]
"String1"=-
@="2"
You need to identify the effect of importing File1.reg to Computer1.
What should you identify? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

Box 1: String1 will be deleted.
To delete a value, append equals and then minus to the value. For example:
"String1"=-
Box 2: Value1 will have a value of 1
@="2" sets the default value to 1 but Value1 already has a DWORD value.
A DWORD (32-bit) value is a hexadecimal value. Value1 is 0x00000001 which is 1.
References:
https://www.computerhope.com/issues/ch000848.htm
https://www.computerperformance.co.uk/vista/reg-create/

NEW QUESTION: 3
You have a computer that runs Windows 7.
You have a system image of the computer.
You need to restore a single file from the system image. You must achieve this goal in the minimum amount of time.
What should you do first?
A. Restart the computer and run System Restore.
B. From Disk Management, select Attach VH
C. From Backup and Restore, select Restore my files.
D. Restart the computer and run System Image Recovery.
Answer: B

 

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ACFCS CFCS Authentic Exam Questions & Reliable CFCS Exam Bootcamp - CFCS Valid Dumps Free - Cads-Group


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