Correct Answer: ABC

Example: Run Invoice On Hold Report

B: Clear outstanding invoices

Note:

*helps manage all financial close cycle tasks, including ledger and sub-ledger close, data loading and

mapping, financial consolidation, account reconciliation(C), tax/treasury and internal and external reporting

processes ?any task associated with the extended financial close.

Correct Answer: A

Correct Answer: C

Implementation Through a number of steps, mostly iterative, the final application is developed within the Implementation process. The results from the Design process are used to implement the system suchas source code for components, scripts, and executables. During this process, developers also performtesting on software components. Implementation is the main focus of the Construction phase, but itstarts early in the Elaboration phase in order to implement the architecture baseline (trial architectureand prototype). During Transition, it occurs in order to handle any defects or bugs discovered whiletesting and releasing the system. The main work product of this process is the final iteration build thatis ready to be tested.

Note: *OUM recognizes the advantages of an iterative and incremental approach to development and deployment of information systems. Any of the tasks within OUM may be iterated. Whether or not to iterate, as well as the number of iterations, varies. Tasks may be iterated to increase quality of the work products to a desired level, to add sufficient level of detail, or to refine and expand the work products on the basis of user feedback.

Correct Answer: ACD

*The Project Start Up phase precedes the Inception phase. Project startup is where all of the projectplanning activities take place and where policies, procedures, and strategies are defined for each of theprocesses, which govern the conduct of the engagement.

*In OUM Manage, one of the first activities that occur during the Project Startup phase involves the Project Manager and the client (Project Sponsor) jointly creating the Project Management Framework. This framework establishes the ground rules for the project and is the first step in communicating, establishing trust, and setting expectations.

The key focus for the remainder of the Project Startup Phase is to evolve the Project Management Framework into a detailed Project Management Plan based on the agreed upon foundation. In prior versions of OUM Manage, the equivalent work product was named the "Terms of Reference". Literally, this was the work product referenced to sort out problems when future misunderstandings occurred.

Incorrect: Not B Not F

Correct Answer: CD

There are two plans active in the project at any given time ?the implementation plan and the iteration plan.