Level 11, 12 & Contractors Wave 7B Fixed Asset PKT Jan'16
  • 1. Questions
A) Option A (Answer)
B) Option D
C) Option B
D) Option C
  • 2. High Level Process Map
A) does not have any decision points and in-depth process steps
B) none of the options
C) explains the process steps in details and has all decision points
  • 3. The graph that is used to check the stability of the process by observing the variation in performance
A) Control Chart
B) Control Plan
C) None of the options
  • 4. Are special cause variances in control charts dangerous for a business?
A) No
B) Yes
  • 5. The Arrow sign in a 3x3 metrics indicate
A) the performance of current week/month compared to last week/month
B) that the performance of a metric is higher than the previous period
C) None of the options
D) that the performance declined as compared to previous period
  • 6. Correlation tells the relationship between 2 variables (X & Y). The relationship can be
A) either positive or no correlation.
B) either positive, negative or no correlation.
C) None
D) either negative or no correlation.
  • 7. The tool which shows the input & input requirements along with output and output requirements is
A) DLPM
B) None
C) HLPM
  • 8. RACI stands for
A) Responsible, Accounting, Consult & Inform.
B) Responsible, Accountable, Consult & Inform.
C) Responsible, Accountable, Consult & Informed.
D) Responsible, Accountable, Control & Inform.
  • 9. VOC stands for
A) Voice of Customer
B) Voice of Co-workers
C) Victory of Co-workers
D) Victory of Customer
  • 10. LCL stands for
A) Lower Contable Limit
B) Lowest Countable Limit
C) Least Control Limit
D) Lower Control Limit
  • 11. What are Leading Metrics
A) Leading Metrics are the ones that are proactive, controllable and are useful in decision making
B) Leading Metrics are the ones that are reactive and we get to know the result only after the event is over
C) None
  • 12. We live ______ London.
A) at
B) in
C) on
D) none
  • 13. Would you like to go ______ the cinema tonight.
A) to
B) at
C) none
D) in
  • 14. I don't like walking alone in the streets _____ night.
A) at
B) in
C) by
D) none
  • 15. What are you doing ____ the afternoon?
A) in
B) by
C) none
D) at
  • 16. My friend has been living in Canada ____ two years.
A) from
B) during
C) for
D) since
  • 17. I have been waiting for you _____ seven o'clock.
A) at
B) for
C) since
D) from
  • 18. I will have finished this essay _____ Friday
A) during
B) since
C) by
D) on
  • 19. We are going to see my parents ____ the weekend.
A) at
B) from
C) in
D) since
  • 20. ____ 1666, a great fire broke out in London.
A) In
B) from
C) On
D) Since
  • 21. My brother's birthday is ____ the 5th of November.
A) from
B) during
C) at
D) on
  • 22. For which Team, we have to raise rule lift request for suspense correction
A) CSG
B) CFM
C) FRA
D) IMFC
  • 23. While capitalizing assets as part of FA Prep, the Accounting Date showing prior month, what action we have to take before capitalizing it
A) Change the Accounting Date as current month before capitalization
B) Change the Accounting Date as current month after capitalization
C) Change the Accounting Date as current month
D) No change
  • 24. What are the days when we do not perform activities in PSAM
A) last two days of the Month
B) First & Last day of the Month
C) First day of the Month
D) Last day of the Month
  • 25. What profile ID we have to feed in PC for German hotels for creating any activity
A) CORP
B) DEU02
C) CAL02
D) Local
  • 26. In order to create activity in PC, which document is required in email?
A) letter from vendor
B) Invoice
C) work order
D) Project scope of work
  • 27. Accumulated Depreciation means
A) All of the above
B) MTD Depreciation
C) YTD Depreciation
D) LTD Depreciation
  • 28. Adjustment of any asset must be done by taking
A) 1st day of the month
B) None of the above
C) In-Service Date
D) Accounting Date
  • 29. While processing Reversal journal we should take
A) Any of the above
B) Last day of current day
C) The day we process the journal
D) 1st day of following month
  • 30. To process any journal using 170006 a/c without project number we have to get
A) FOH Approval
B) HQ Approval
C) Supervisors' Approval
D) Rule-Lifted
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