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NEW QUESTION: 1
Using the Time Series table, create a cross-tab showing sales for each Assortment broken down by Year and Quarter. In Q4 of October 2017, what was the Average sales amount for the Hardware assortment?
A. 111,060
B. 1,461
C. 112,256
D. 1,222
Answer: C
Explanation:
Explanation
If you chose 111,060 you were SO close to the correct answer but made a small mistake - you didn't change the aggregation to AVERAGE! This is one of the common mistakes many test takers make, so keep this in mind.
To reach the correct answer, follow the steps below:
1) Draw Assortment to the Column shelf, and drag Year to the Rows Shelf. Then Drill down further on Year to accomodate Quarters and Months as well!
Although this seems enough, DON'T FORGET to change the aggregation like in the next step, which will completely change the values!
* The correct answer as you can see is 1,461 - Sales for Harware Assortment in 2017 Q4, October
NEW QUESTION: 2
A firm should cease to do business when:
A. Price average total cost
B. Price marginal cost
C. Price average variable cost
Answer: C
Explanation:
A firm should cease to do business when P AVC. In this case the company is not even making incremental revenue for each additional product sold. When AVC P ATC, the firm while not profitable will be making money above its variable costs. If P MC or ATC MC, the firm may be profitable but not maximizing profit potential.
NEW QUESTION: 3
What is the method for managing knowledge work with an emphasis on just-in-time delivery while not overloading the team members?
A. Scrum
B. Waterfall
C. Kaizen
D. Kanban
Answer: D
NEW QUESTION: 4
According to private sector data classification levels, how would salary levels and medical information be classified?
A. Internal Use Only.
B. Restricted.
C. Public.
D. Confidential.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Data such as salary levels and medical information would be classified as confidential according to private sector data classification levels.
The following shows the common levels of sensitivity from the highest to the lowest for commercial business (public sector):
Confidential
Private
Sensitive
Public
Incorrect Answers:
A: Salary levels and medical information are confidential data which would not fall under the Public classification.
B: Internal Use Only is not typically used as classification level in the private sector. Internal Use Only falls under the Confidential classification.
C: Restricted is not used as classification level in the private sector; it is more commonly used in military or governmental classifications.
References:
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, New York, 2013, p. 111