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NEW QUESTION: 1
Which two statements are true regarding managing inventory in OFSC?
A. The only inventory pools are "customer", "resource", and "installed".
B. Inventory can be added to a bucket on the Resource Tree and shared among all child resources.
C. Resources can share inventory when they are working as a team.
D. Resources can share inventory when using OFSC Collaboration.
Answer: A,C
Explanation:
Explanation
Reference
https://docs.oracle.com/cloud/august2017/fieldservicecs_gs/FACMU/CoreManage-8.htm#FACMUconcept_xgr_
NEW QUESTION: 2
Additional Information Product Description
Quality notes from the Daily Log
The Director of Information Technology Division (DIT) has been asked to ensure that any changes to the outsourced staff employment contracts adhere to employment law. The DIT will review future job descriptions of the transferred staff before the final contract is signed with the selected service provider.
The service level agreement between MFH and the selected service provider will specify the type and quality of service required. The selected service provider must follow the industry standards for providing outsourced services.
MFH has a quality management system which contains a document control procedure for all its documentation, however this does not include change management.
All project documents will be subject to a quality review. Nominated products will require a formal approval record signed-off by the quality review chair.
Extract from the draft Quality Management Strategy (may contain errors) Introduction
1.This document defines the approach to be taken to achieve the required quality levels during the project.
2.The Project Board will have overall responsibility for the Quality Management Strategy.
3.Project Assurance will provide assurance on the implementation of the Quality Management Strategy.
Quality management procedure - Quality standards
4.The selected service provider will operate to industry standards for providing outsourced services.
5.MFH document standards will be used.
Records
6.A Quality Register will be maintained to record the planned quality events and the actual results from the quality activities.
7.Configuration Item Records will be maintained for each product to describe its status, version and variant.
8.Approval records for products that require them will be stored in the quality database. Roles and responsibilities
9.The DIT will check that the employment contracts for outsourced staff adhere to employment law.
10.
Team Managers will provide details of quality checks that have been carried out.
11.
Team Managers will ensure that the Quality Register is updated with the names of team members who are involved in the review process.
12.
The Senior User will review the Product Descriptions of the products to be produced by the selected service provider to ensure that they can be achieved.
Although it is not specified in the current corporate branding standards, the MFH corporate logo should be shown on the front page of the service level agreement.
A. Raise an issue (request for change).
B. Obtain agreement from the Director of Facilities Division to amend this within the remaining +2 days tolerance.
C. Accept this error as a concession.
D. Raise an issue (off-specification).
Answer: A
NEW QUESTION: 3
On a _________________ a Belt screens variables, or various inputs, to analyze their relative impact on the output of concern.
A. X-Y Matrix
B. Multi-Vari Chart
C. Poisson Chart
D. Weighted Scale
Answer: B
NEW QUESTION: 4
The failure to record an accrued expense at year-end will result in which of the following overstatement errors in the financial statements prepared at that date?
A. Option D
B. Option C
C. Option A
D. Option B
Answer: A
Explanation:
An accrued expense is an expense that has been incurred but not paid. The appropriate
adjusting entry to record an accrued expense will increase an expense account and increase a liability account. The failure to record an accrued expense will result in an understatement of expenses leading to an overstatement of profit. The failure to record the increase in a liability account will result in an understatement of current liabilities leading to an overstatement of working capital. There will be no effect on cash.