HRIP Certification Exam: Trivia Quiz!

19 Questions | By EOPF_Contact_Tea | Updated: Mar 21, 2022 | Attempts: 487

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HRIP Certification Exam: Trivia Quiz! - Quiz

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