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Exam Code: LEAD
Exam Name: Leadership and Transformation in Supply ManagementCertification
Version: V16.75
Q & A: 400 Questions and Answers
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NEW QUESTION: 1
At your client site, the Payables period-close processes have been performed. The Payables transfer to GL has been completed, and the resulting journal entries have been posted to GL. The current Payables period has been closed. The Accounts Payable Trial Balance (last day of prior period) + Posted Invoices - Posted Payments equals the Accounts Payable Trial Balance (last day of current period). However, the balance in the AP liability account in GL for the current period does not equal the Accounts Payable Trial Balance (last day of the current period). What is the possible reason?
A. Manual journals have been posted to the AP liability account in the current period in GL.
B. Period-end accrual journals have been reversed in GL.
C. Inventory has not closed for the current period.
D. Purchasing has not closed for the current period.
Answer: A
NEW QUESTION: 2
A bank chief information security officer (CISO) is responsible for a mobile banking platform that operates natively on iOS and Andriod. Which of the following security controls helps protect the associated publicly accessible API endpoints?
A. Mobile device management
B. Application firewalls
C. Jailbreak detection
D. Network segmentation
Answer: B
NEW QUESTION: 3
Kenny is the project manager for the NHQ organization. She is creating the project duration estimates. She has stressed to her project team that they will need to create accurate and reliable project duration estimates without padding their estimates for errors or risks. Kenny is also relying on historical information to help her predict the duration of the project work. Jennifer, one of the project team members, wants to know how Kenny will account for the certain-to-happen errors and delays in the project schedule. What approach should Kenny use in the project?
A. Management reserve
B. Analogous estimating
C. Three-point estimates
D. Rewards and recognition for completing the project work without delays
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Management reserve is an allotment of time added to the end of the project schedule. When delays happen within the project, the delays are subtracted from the management reserve.
Incorrect Answers:
A: Rewards and recognitions are a good incentive for accurate work, but errors and delays may still happen and the rewards would not necessarily prevent delays in the project.
B: Kenny may be using some type of analogous estimating to predict activity duration, but the best answer is the reliance on the management reserve.
C: Kenny is not using a three-point estimate in this instance.
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