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Assume the correct current ratio is bigger than 1. If purchase (on account) is overstated by $3,000 and the ending inventory is overstated by $3,000, the current ratio is ______ and the working capital is
_ _____.
A. not affected, overstated.
B. understated, not affected.
C. overstated, not affected.
Answer: B
EI = BI + purchase - COGS. If both purchase on account and ending inventory are overstated by the same amount, the current ratio will be understated (current ratio = current assets / current liabilities, in which both numerator and the denominator are overstated, but the ratio will belowered since it is bigger than 1). However, the working capital which equals current assets - current liability should be unaffected.

One key capability required for effective service delivery scheduling is?
A. Cross-partner coordination/ management
B. Network optimization
C. Cross-docking to achieve supply chain service levels
D. Multi-channel selling
Answer: B

A large company of more than 400 people changes from the Waterfall to the Agile framework. The company uses the approach of applying Scrum to all projects in the organization using an all-in scenario.
The leaders are reluctant to fully commit to Scrum and there are no experienced Scrum Masters available within the organization yet. Six months later, Scrum has failed in the company. Many different applications of Scrum have been tried with varying degrees of success. The company gives up and returns to the Waterfall approach.
What is the most likely reason that the transition did not work?
A. There was no public display of Agility and, therefore, customers kept asking for Waterfall projects. The company gave up too early.
B. Scrum was not properly promoted as a best practice and the best way to solve the problems of the organization which created a big risk.
C. The company was too large to transition easily. A successful pilot project should have been done first, to be able to copy from.
D. The change to Agile was not disruptive enough to provoke a real change and there was not enough commitment to keeping the new process.
Answer: C

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CyberArk-ACP® Exam

  • 480 Questions
  • 4 Exams
  • 90 days access

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60-day extension: $29

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CyberArk-ACP Exam Simulator Features

With your subscription of The CyberArk-ACP Exam Simulator you not only get all the premium features (i.e. use the simulator on your phone/tablet/PC, Live Feedback™, detailed explanations, access the simulator anytime from anywhere, etc.). But you will also get the following CyberArk-ACP Simulator specific features:

480 CyberArk-ACP Exam Sample Questions

Your subscription gives you access to a pool with 480 high-quality sample questions. All developed to the latest CyberArk-ACP requirements.

The questions not only cover every exam domain that you are being tested on (Agile Principles and Mindset, Value-driven Delivery, Stakeholder Engagement, Team Performance, Adaptive Planning, Problem Detection and Resolution, and Continuous Improvement), but the questions also cover the Tools & Techniques and Knowledge & Skills that you need to know in order to pass.

Four Complete Exams

On the real CyberArk-ACP Exam you are given 3 hours to answer all 120 questions. Any simulator that you use must test you under the same conditions.

So we packaged the 480 questions into 4 full exams for you. We made sure to group them in such a way that the 120 questions in each exam closely match the domain percentages on the real exam. For example: 16% of the questions in each of the four exams will be coming from "Domain I: Agile Principles and Mindsets", 20% come from "Domain II: Value-driven Delivery", and so on.

Questions Developed by Agile Team

The 120 questions that you will see on your actual CyberArk-ACP exam are developed by a very large number of certified volunteers from around the world. These volunteers create the newest questions meeting official exam requirements and standards -- but each creator adds their personal "touch". So you'll have to expect variation.

That's what makes these exams difficult and ever changing.

The good news is that the questions you will see in your simulator are similarly developed. We brought on a worldwide team of CyberArk-ACP credential holders and asked them to develop our question pool. We wanted to ensure a lot of variety in the questions for you.

Updated to current CyberArk-ACP Exam Content Outline

The CyberArk-ACP Exam is constantly evolving because Agile doesn't stand still and new questions and concepts are added. Your Exam Simulator follows along.

Because the exam is constantly updated this means that you can be certain that the questions match the current policies, as we review and update all questions to the latest CyberArk-ACP Examination Content Outline -- that's the document that defines all the Domains you will be tested on.

Also, we regularly scan lessons learned our students post in the forum to identify new trends and use this information to develop new questions for the simulator and remove old ones.

Customer Reviews

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Bonus Items

The CyberArk-ACP Exam Simulator™ also includes a number of free bonus items to help you tackle the exam even better. Here they are:


Advanced CyberArk® Exam Strategies (Email Course)

In this 5-part email course we introduce you in detail to the all-important multiple choice test taking strategies for CyberArk® Exams. We review the types of questions that you must expect and be ready to answer on the real exam, tell you how to develop your own strategy for approaching this multi-hour long exam, and give you the steps necessary as you are getting ready to leave home to take the exam on exam day.


Sample Exam Score Worksheet

The Exam Score Worksheet allows you to keep track of how many questions you answer correctly in your practice exams. Just note the results of all your first attempts of taking practice exam in here to see how you are doing.

This spreadsheet gives you an efficient way of seeing your progress as you are taking your sample exams, and allows you to monitor how you improve over time.


Contact Hour Worksheet

Before you can submit your CyberArk-ACP Exam application to CyberArk® you must complete training in agile project management. The institute calls these "Contact Hours" and 21 Contact Hours are needed for CyberArk-ACP.

Do you have enough?

This worksheet not only helps you to tally the hours and ensure that you meet the requirements, it also includes a substantial FAQ section that explains everything you need to know about Contact Hours in easy to understand language.


Access to our Online Discussion Forums

Wouldn't it be great if you had an Agile question that you could go and ask a trusted source? Maybe someone who knows Agile and has already taken the exam themselves? Or maybe another person who is currently studying?

That is what our exam forums are for. All students have access to these forums to discuss and learn from each other.

But even more importantly, we have 12 certified project managers who act as moderators in these forums. So go ahead... ask your question. You can be sure that your fellow students or a certified moderator will help you quickly.

The forums also include a "CyberArk-ACP Lessons Learned" forum, where those who have passed the exam before you discuss their experience and give recommendations.

Important Information and Specifications

Please review the following items for important details about The PM Exam Simulator. Click to read the details:
Training for Project Management Professional (PMP)®, CyberArk Sentry - PAM (CyberArk-ACP)®, and Certified Associate in Project Management (CAPM)®

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