2021 Marvelous WorldatWork GR2 Test Questions Fee - Diggingtoroam

  • Exam Code: GR2
  • Exam Name: Quantitative Methods
  • Version: V12.75     Q & A: 69 Questions and Answers

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You customer uses a multi-currency compensation plan template.
Where can they update the exchange ratefor US Dollars (USD) to Euros (EUR) using the Admin Tools?
Please choose the correct answer.
Choose one:
A. Compensation Home -> Plan Setup -> Plan Details
B. Compensation Home -> Plan Setup -> Setting -> Currency settings
C. Compensation Home -> Manageworksheets
D. Compensation Home -> Actions for all Plans
Answer: D

A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt's effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. In order to increase the Long Term Z value to 4, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?
A. $70
B. $110
C. $35
D. $20
Answer: C

To assist an organization in planning for IT investments, an IS auditor should recommend the use of:
A. an object-oriented architecture.
B. project management tools.
C. tactical planning.
D. enterprise architecture (EA).
Answer: D
Enterprise architecture (EA) involves documenting the organization's IT assets and processes in a structured manner to facilitate understanding, management and planning for IT investments. It involves both a current state and a representation of an optimized future state. In attempting to complete an EA, organizations can address the problem either from a technology perspective or a business process perspective. Project management does not consider IT investment aspects; it is a tool to aid in delivering projects. Object-oriented architecture is a software development methodology and does not assist in planning for IT investment, while tactical planning is relevant only after high-level IT investment decisions have been made.


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