What is described as the most crucial phase of the Project Management Process?

What is described as the most crucial phase of the Project Management Process? 

A: Planning
B: Controlling
C: Executing
D: Initiation


Answer: D: Initiation

What is the main function of a Software-Defined Infrastructure?

a. Cost effectiveness
b. Efficiency
c. Transparency
d. Human Control


Answer: b. Efficiency

What best describes a Software-Defined Infrastructure?

a. Computing infrastructure entirely under the control of software with no operator or human intervention
b. A branch of computer science dealing with the simulation of intelligent behavior in computers
c. A network that creates an additional layer of security over an insecure network when the network infrastructure cannot provide it
d. It is used to communicate with a database


Answer: a. Computing infrastructure entirely under the control of software with no operator or human intervention

What is the most common, effective scheduling resource?

What is the most common, effective scheduling resource? 

A: Time Cards
B: G-Mail Calendar
C: Gantt Chart
D: Memorization


Answer: C: Gantt Chart

What are 3 benefits to a Software-Defined Infrastructure?

a. Performs multiple, difficult tasks at once
b. Saves time and effort
c. Lower cost of operations and higher utilization of their infrastructure
d. All of the above


Answer: d. All of the above

What are the five steps of project management?

A: Initiation, Review, Acquire Supplies, Execute, Done
B: Initiation, Planning, Execution, Monitor & Control, Closing
C: Start, Talk to Employees, Implement, Review, Finish
D: Execute, Adapt, Discuss, Plan, Repeat


Answer: B: Initiation, Planning, Execution, Monitor & Control, Closing

What is the difference between mobile banking and e-Wallets?

What is the difference between mobile banking and e-Wallets?

a. Mobile banking is more widely accepted at merchant locations
b. Mobile banking allows one to manage his or her bank account while e-Wallets store credit/debit cards, gift cards, and loyalty cards and can be used for purchases
c. There is no difference
d. Mobile banking is for external use while e-Wallets are for personal financial tracking
e. e-Wallets are newer and have not been adopted by consumers or merchants yet


Answer: b. Mobile banking allows one to manage his or her bank account while e-Wallets store credit/debit cards, gift cards, and loyalty cards and can be used for purchases

What is the impact of Bitcoin on accounting?

A. The IRS ruled Bitcoin should be treated like property and the profit should be recognized as a capital gain. Losses can offset the capital gain
B. If you own Bitcoin you should not pay taxes on them
C. Bitcoin need central authority like banks to approve the transactions
D. All Bitcoin transactions are reviewed by auditors
E. Bitcoins are like credit cards because every transaction is easily traceable


Answer: A. The IRS ruled Bitcoin should be treated like property and the profit should be recognized as a capital gain. Losses can offset the capital gain

Mobile wallets can store which of the following:

a. Loyalty cards
b. Gift cards
c. Credit Cards
d. Debit Cards
e. All of the above


Answer: e. All of the above

The October 1, 2015, EMV Fraud Liability Shift:

The October 1, 2015, EMV Fraud Liability Shift:

a. Forced the adoption of e-Wallet technology by merchants
b. Increased the level of credit card fraud in the U.S.
c. Equipped many merchants with the technology to accept e-Wallet usage by prompting upgraded credit card readers
d. Made credit card fraud the sole responsibility of those who choose to use credit cards
e. Incentivized consumers to integrate e-Wallets in their purchasing patterns


Answer: c. Equipped many merchants with the technology to accept e-Wallet usage by prompting upgraded credit card readers

Which of the following about Bitcoin is false?

A. Bitcoin is a digital currency and a digital wallet stores the Bitcoin you own
B. Open sourced software called Blockchain is used to create the Bitcoin
C. People give up computer processing space to mine for Bitcoin
D. Bitcoin is currency that is legal in every country
E. Bitcoin is the first decentralized digital currency


Answer: D. Bitcoin is currency that is legal in every country

Which of the following about Blockchain is false?

A. Blockchain is created through several computers on a peer to peer network
B. Members of the network are anonymous individuals
C. Blockchain maintains a list of all transactions using User ID
D. Once a transaction Is recorded it can not be reversed
E. Blockchain has customer protection


Answer: E. Blockchain has customer protection

What is Project Loon?

What is Project Loon?

a. A network of balloons designed to bring Internet to remote areas
b. A way for Google to open up Internet markets to reach new customers.
c. A new way for Google to gather personal data for ad targeting
d. All of the above


Answer: d. All of the above

Where are the balloons positioned in the atmosphere?

Answer: stratosphere

What is one advantage this project gives to Google?

Answer: New users and ability to use this data for advertising

Which of the following is not a restriction of drones mentioned in class?

Which of the following is not a restriction of drones mentioned in class?

a. Can't exceed 100 mph
b. Can't be flown over people
c. Have to be within a pilot's sight at all times
d. Have to be flown out of city limits


Answer: d. Have to be flown out of city limits

What is a drone?

a. A database integrated by corporations
b. An unmanned aircraft
c. A wearable technology
d. Cloud security device


Answer: b. An unmanned aircraft

Which of the following is not an advantage of drones mentioned in class?

a. They can help with inventory management
b. They can film unethical decisions being made and catch the culprit
c. They are low cost
d. They can promote business through advertising


Answer: b. They can film unethical decisions being made and catch the culprit

Why do some companies, such as Google, choose not to encrypt their data?

Why do some companies, such as Google, choose not to encrypt their data?

a. It is too time consuming
b. Government compliance reasons
c. It is too expensive
d. Requires specific IT professionals


Answer: b. Government compliance reasons

What type of radio band does Project Loon use to connect?

Answer: ISM bands

What are the two types of encryption?

a. Private and public
b. Government and commercial
c. Symmetric and public-key
d. Symmetric and freeform


Answer: c. Symmetric and public-key