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Exam Code: ECBA
Exam Name: Entry Certificate in Business Analysis (ECBA)
Vendor: IIBA

60 Questions & Answers
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NEW QUESTION: 1
The customer has negotiated a cost plus incentive fee contract with a vendor. The contract has a target cost of 300,000, a target fee of 40,000, a share ratio of 80/20, a maximum fee of 60,000, and a minimum fee of $10,000. If the seller has actual costs of 380,000, how much fee will the vendor collect?
A. $60,000
B. $10,000
C. $404,000
D. $24,000
Answer: D
Explanation:
The CPIF is a theoretically a cost-reimbursable contract. However, with the addition of the share ratio and the incentive fee, thresholds are set for the minimum and max fee that the vendor can achieve. So, if the actual cost was much lesser than the target cost, the sum of the vendor's share of the cost savings plus the target fee will still cap at the max or ceiling fee. Similarly, even if there were major cost overruns, the vendor would be assured of getting the minimum fee. In this particular example, the max and min fee seem to be extraneous information (we don't need to use them).Target cost = 300K, Actual cost = 380KTarget fee = 40K, Max fee = 60K, Min fee = 10K Share ratio = 80/20Cost overrun = (380K 300K) = 80KVendor's share of the cost overrun is 20% of 80K = 16K Vendor's fee = target fee - vendor's share of cost overrun= 40K 16K = 24KWe make sure that the vendor fee is greater than the min fee and not greater than the max fee. So, Answer (b). The vendor will collect 24,000. Minimum and Maximum Fee caps will be useful in the following cases: If the actual costs are more than $450,000, the seller will pay 20% of the $150,000 over target, $30,000. At this point, the sellers fee is at the minimum of $10,000, and the seller will get this amount of profit no matter how much more over-budget the project goes. If the actual costs are less $200,000, the seller collects 20% of the
$100,000 under budget, or $20,000 dollars. The fee will be at the maximum of $60,000, and the seller will get this fee no matter how much more under-budget the project goes.

NEW QUESTION: 2
Your network environment includes remote employees. You need to create a secure connection for the remote employees who require access to your Azure virtual network. What should you do?
A. Configure a point-to-site VPN
B. Configure an ExpressRoute
C. Deploy Windows Server 2012 RRAS
D. Configure a site-to-site VPN
Answer: A
Explanation:
Explanation
Virtual Network is a service that allows you to create a private, isolated network in Windows Azure and treat it as an extension of your datacenter. You can assign private IP addresses to virtual machines inside a virtual network, specify DNS, and connect it to your on-premises infrastructure using a Cisco or Juniper hardware VPN device in a 'site-to-site' manner.
References:
https://azure.microsoft.com/en-us/blog/virtual-network-adds-new-capabilities-for-cross-premises-connectivity/

NEW QUESTION: 3
Investigator A claims his results are statistically significant at the 10% level. Investigator B argue that significance should be announced only if the results are statistically significant at the 5% level. From this we can conclude
A. it will be less difficult for investigator A to reject the statistical null hypotheses if he always works at the
10% level compared with investigator B, who works at the 5% level.
B. if investigator A has significant results at the 10% level, they will also be significant at the level.
C. it will be more difficult for investigator A to reject the statistical null hypotheses if he always works at the
10% level compared with investigator B who works at the 5% level.
D. if investigator A has significant results at the 10% level, they will never be significant at the 5% level.
Answer: C

NEW QUESTION: 4
During a Vblock System 320 upgrade, you need to configure a boot device to configure an additional ESXi
server.
Which two actions are required to create the boot device to present to the blade server? (Choose two.)
A. Bind devices to a thin pool.
B. Create a thin pool.
C. Create boot LUNs on a RAID group.
D. Create a RAID group.
E. Create a storage group.
Answer: D,E


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