HRIP Certification Exam: Trivia Quiz!
(147).jpg "HRIP Certification Exam: Trivia Quiz!")
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- 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
Questions: 59 | Attempts: 17436 | Last updated: Jan 19, 2022
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