HRIP Certification Exam: Trivia Quiz!

19 Questions | Total Attempts: 212

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HRIP Certification Exam: Trivia Quiz!

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Questions and Answers
  • 1. 
    Business Case Creation; Define "Hard Dollar" savings:
    • A. 

      Actual money that will be saved in the budget

    • B. 

      Cash on hand at the end of a project

    • C. 

      Working capital expending in a pro rated basis

    • D. 

      Cash on hand at the beginning of a project

  • 2. 
    Business case creation: define "Soft Dollar" savings;
    • A. 

      Saving that are achieved through secondary means.

    • B. 

      Savings that cannot be accounted for directly in the budget but have a positive impact to the organization.

    • C. 

      Savings that an organization counts against other cost centers than those paying for the project

    • D. 

      Savings that are achieved through tertiary means.

  • 3. 
    Which type of spending on existing applications forms the baseline from which a business case is made?
    • A. 

      Upcoming fiscal year spending

    • B. 

      Future Spending

    • C. 

      Current Spending

    • D. 

      Past year fiscal spending

  • 4. 
    Software licenses are considered a company asset and are typically depreciated over ____ number of years?
    • A. 

      15

    • B. 

      1

    • C. 

      10

    • D. 

      5

  • 5. 
    If a new project will not use an existing software application, how should the business case be baselined?
    • A. 

      Staff time to support process

    • B. 

      All time spent on related projects

    • C. 

      All staff time

    • D. 

      Rough guess

  • 6. 
    What is a cost that is typically included when terminating an existing ASP or SaaS contract?
    • A. 

      Cost of housing data beyond contract termination

    • B. 

      Cost of sending data that resides on current system to a new system

    • C. 

      Cost of maintaining contract after termination

  • 7. 
    How are new software licenses purchased by a company typically depreciated over the time?
    • A. 

      Upon initial purchase

    • B. 

      1--2 years

    • C. 

      5--10 years

    • D. 

      3---5 years

  • 8. 
    What are some things that can be capitalized over the life of the software when purchasing a new solution?
    • A. 

      Training, employee development and knowledge management

    • B. 

      Infrastructure upgrades, configuration and testing, other initial purchase costs

    • C. 

      Costs related to system review and approval

  • 9. 
    Fees associated with annual ASP or SaaS costs can be treated as an asset by the company?
    • A. 

      True

    • B. 

      False

  • 10. 
    What is the key to selecting a system that works for the company?
    • A. 

      Having a good COTR

    • B. 

      Having working knowledge of the system being reviewed

    • C. 

      Having a clear and concise requirements definition document

    • D. 

      Having a good working relationship with the vendor

  • 11. 
    What is used as the input for the RFI/RFP, vendor demonstration scripts and as a guide to evaluate fit to product?
    • A. 

      Case Study examples

    • B. 

      User Input

    • C. 

      Vendor Input

    • D. 

      Business Requirments

  • 12. 
    When a software delivery model is "Licensed Software On-Premise" you should ask the vendor about planned upgrades and major releases in the next ___ to ____ months?
    • A. 

      24 to 36

    • B. 

      12 to 18

    • C. 

      6 to 12

    • D. 

      12 to 18

  • 13. 
    What type of report should be requested by a ASP or SaaS vendor to ensure your companies information is going to be secure and the vendor has a proper change management and business continuity plan in place?
    • A. 

      SAS 70 report

    • B. 

      SAS 60 report

    • C. 

      SAS 80 report

    • D. 

      SAS 90 report

  • 14. 
    When performing research and before submitting the RFI/RFP what agreement should you have in place with possible vendors?
    • A. 

      Non-Compete Agreement

    • B. 

      Non-disclosure Agreement

    • C. 

      Liability Protection Agreement

    • D. 

      No lota Perfectus Agreement

  • 15. 
    Which has a higher leve of detail about the company's system requirements RFP or RFI?
    • A. 

      RFP

    • B. 

      RFI

  • 16. 
    When evaluating a vendor RFI the price range provided can be considered accurate to with in what percentage?
    • A. 

      20%

    • B. 

      10%

    • C. 

      5%

    • D. 

      25%

  • 17. 
    Which one of the following should be a consideration when evaluating a Service Level Agreement (SLA)?
    • A. 

      Longevity of the evaluation period

    • B. 

      Hours of the helpdesk

    • C. 

      Politeness of the staff

    • D. 

      Bio of the CEO

  • 18. 
    How many references should be provided for your company to evaluate an RFI?
    • A. 

      5

    • B. 

      1

    • C. 

      3

    • D. 

      4

  • 19. 
    After selecting a vendor, what kind of demo should you be provided?
    • A. 

      Unscripted Demo

    • B. 

      Canned Demo

    • C. 

      Classic Demo

    • D. 

      Scripted Demo

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