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Exam Code: GFMC
Exam Name: Examination 3: Governmental Financial Management and Control (GFMC)
Vendor: AGA

60 Questions & Answers
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NEW QUESTION: 1
92-603 provided for the establishment of
A. ACSs.
B. PROs.
C. PSROs.
D. Joint Commission as a governmental organization.
Answer: C

NEW QUESTION: 2
You are the project manager of the NHQ Project. You are coaching Alice, a new project manager, on the relationships in a project network diagram. Which relationship type between activities are the most common?
A. SS
B. SF
C. FS
D. FF
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The finish-to-start relationship type is the most common in a project network diagram. It means that the predecessor activity must finish before its successor activity can start. For example, the carpet must be installed before the painting activity can begin. What is precedence diagramming method (PDM) in sequence activities? Precedence diagramming method (PDM) is used in critical path methodology for building a project schedule network diagram that uses boxes or rectangles, referred to as nodes, to represent activities, and join each other with arrows that show the logical relationship that exists between them. This technique is also known as Activity-On-Node (AON).It includes four types of dependencies or logical relationships: Finish-to-start(FS): The initiation of the successor activity depends upon the completion of the predecessor activity. Finish-to-finish(FF): The completion of the successor activity depends upon the completion of the predecessor activity. Start-to-start(SS): The initiation of the successor activity depends upon the initiation of the predecessor activity. Start-to-finish(SF): The completion of the successor activity depends upon the initiation of the predecessor activity.

NEW QUESTION: 3
A security administrator plans on replacing a critical business application in five years. Recently, there was a security flaw discovered in the application that will cause the IT department to manually re-enable user accounts each month at a cost of $2,000. Patching the application today would cost $140,000 and take two months to implement. Which of the following should the security administrator do in regards to the application?
A. Avoid the risk to the user base allowing them to re-enable their own accounts
B. Mitigate the risk by patching the application to increase security and saving money
C. Accept the risk and continue to enable the accounts each month saving money
D. Transfer the risk replacing the application now instead of in five years
Answer: C
Explanation:
This is a risk acceptance measure that has to be implemented since the cost of patching would be too high compared to the cost to keep the system going as is. Risk acceptance is often the choice you must make when the cost of implementing any of the other four choices (i.e. risk deterrence, mitigation, transference or avoidance) exceeds the value of the harm that would occur if the risk came to fruition.
Incorrect Answers:
A. This is a business critical function and cannot be avoided, least of all by having the user base re-enable their own user accounts.
B. Patching the application amounts to risk mitigation methods and would be too costly.
C. Replacing the application in five years' time would still cost more than a monthly cost of having the IT department manually re-enable the user accounts each month - even over 60 months.
References:
Dulaney, Emmett and Chuck Eastton, CompTIA Security+ Study Guide, 6th Edition, Sybex, Indianapolis, 2014, pp. 9-10


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