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Level 11, 12 & Contractors Wave 7B Fixed Asset PKT Jan'16 - Quiz
Contributed by: Handa
  • 1. Questions
A) Option C
B) Option B
C) Option D
D) Option A (Answer)
  • 2. High Level Process Map
A) none of the options
B) does not have any decision points and in-depth process steps
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) None of the options
C) Control Plan
  • 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) that the performance declined as compared to previous period
D) None of the options
  • 6. Correlation tells the relationship between 2 variables (X & Y). The relationship can be
A) either negative or no correlation.
B) None
C) either positive or no correlation.
D) either positive, negative or no correlation.
  • 7. The tool which shows the input & input requirements along with output and output requirements is
A) None
B) HLPM
C) DLPM
  • 8. RACI stands for
A) Responsible, Accountable, Control & Inform.
B) Responsible, Accountable, Consult & Informed.
C) Responsible, Accountable, Consult & Inform.
D) Responsible, Accounting, Consult & Inform.
  • 9. VOC stands for
A) Victory of Co-workers
B) Voice of Co-workers
C) Victory of Customer
D) Voice of Customer
  • 10. LCL stands for
A) Lowest Countable Limit
B) Least Control Limit
C) Lower Control Limit
D) Lower Contable Limit
  • 11. What are Leading Metrics
A) Leading Metrics are the ones that are reactive and we get to know the result only after the event is over
B) None
C) Leading Metrics are the ones that are proactive, controllable and are useful in decision making
  • 12. We live ______ London.
A) in
B) on
C) none
D) at
  • 13. Would you like to go ______ the cinema tonight.
A) at
B) to
C) none
D) in
  • 14. I don't like walking alone in the streets _____ night.
A) in
B) by
C) at
D) none
  • 15. What are you doing ____ the afternoon?
A) at
B) by
C) in
D) none
  • 16. My friend has been living in Canada ____ two years.
A) since
B) for
C) from
D) during
  • 17. I have been waiting for you _____ seven o'clock.
A) for
B) since
C) at
D) from
  • 18. I will have finished this essay _____ Friday
A) by
B) since
C) during
D) on
  • 19. We are going to see my parents ____ the weekend.
A) in
B) from
C) at
D) since
  • 20. ____ 1666, a great fire broke out in London.
A) from
B) On
C) In
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) IMFC
C) FRA
D) CFM
  • 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 after capitalization
B) Change the Accounting Date as current month before 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) First day of the Month
B) Last day of the Month
C) First & Last day of the Month
D) last two days of the Month
  • 25. What profile ID we have to feed in PC for German hotels for creating any activity
A) CORP
B) Local
C) DEU02
D) CAL02
  • 26. In order to create activity in PC, which document is required in email?
A) Project scope of work
B) Invoice
C) letter from vendor
D) work order
  • 27. Accumulated Depreciation means
A) YTD Depreciation
B) LTD Depreciation
C) All of the above
D) MTD Depreciation
  • 28. Adjustment of any asset must be done by taking
A) Accounting Date
B) None of the above
C) 1st day of the month
D) In-Service Date
  • 29. While processing Reversal journal we should take
A) Any of the above
B) The day we process the journal
C) Last day of current day
D) 1st day of following month
  • 30. To process any journal using 170006 a/c without project number we have to get
A) Rule-Lifted
B) HQ Approval
C) FOH Approval
D) Supervisors' Approval
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Level 11, 12 & contractors wave 7b fixed asset pkt dec'15
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