Input: [2] some courts, implied employment contract exsists between employer and employee. If fired outsdie terms, action of breach. ex. employee manual states, as matter of public policy, works only dismissed for good cause. if employe is aware and continues to work. there is an impliked contract based on those terms [1]

Output: Contract Employment: Contract Theory


Input: [2] As an employee for a public business, you obtain all your constitutional rights Constrained in drug testing by the 4th amendment. [1]

Output: Responsibility of Employer in Public Employment


Input: [2] The consitution does not apply, hence privacy rights [1]

Output: Responsibility of Employer in Private Employment


Input: [2] prohibit job discrimination against employees, applicants, and union member on the basis of race, color, national origin, religion and gender at any stage of employment. Applies to employers affecting interstate commerce with 15 or more employees [1]

Output: Title VII of 1964 Civil Rights act


Input: [2] monitors compliance with Title 7. alleged victim of discrimination must file suite with EEOC first before bring suit against employer [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Equal Employment Opportunity Commision (EEOC)


Input: [2] Victims of racial or ethic discrimination may have a cause of action under 42 U.S.C. Section 1981 enacted as part of civil rights act of 1866, protect righs of freed slaves, prohbits discrimination of the basis of race or ethnicity in the formation or enforcement of contracts [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Potential 1981 claims


Input: [2] Intentional Discrimination. Women apllies for a construction firm and rejected. if she sues she must prove 1. member of protected class 2. applies and was qualifed for the job 3. rejected by employer 4. employer continued to seek applicants for the position or filled the positon with a person not in a protected class if she meets this requirement , she makes a PRIMA FACIE CASE of illegal discrimination, dont need a lawyer to win case if primea facie is made [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Disparate- Treatment Discrimination


Input: [2] prohibits employers from engaging in gender based wage discrimination [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Equal Pay Act of 1963


Input: [2] when employer causes the employees working conditions to be so intolerale that a resonable person would be compelled to quite [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Constructive Discharge


Input: [2] Occus when sexual favors are demanded in return for job opportunites, salary increases. [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Sexual Harassment: Quid Pro Quo


Input: [2] Arisis when a person is subjected to unwelcome sexual advances, requests for sexual favors, and other verbal or or physical conduct or communication of a sexual nature. [1]

Output: Laws Prohibiting Employment Discrimination in Addition to Title VII: Sexual Harassment: Hostile Environment Harassment


Input: [2] Prohibits employment discrimination on the basis of age against individuals 40 years of age or older [1]

Output: Age Discrimination in Employment Act of 1967 (ADEA)


Input: [2] Designed to eliminate discriminatory employment practices that prevent other wise qualified workers with disability from fully participation in the national labor force. [1]

Output: Americans with Disabilities act of 1990 (ADA)


Input: [2] Another defense that applies when discrimination against a protected class is essentail to a job Race, color and a national origin can never be justified as a BFOQ [1]

Output: Bona Fide Occupational Qualifacation (BFOQ)


Input: [2] administrative procedure for compensating workers injured on the the job. instead of suing, files claim iwth the administrative agency. a worker who accepts workers compensation benefits is prohibited from suing for injuries cause by employee negligence. [1]

Output: State Workers Compensation Laws


Input: [2] States that worker desires to have a certain union, such as united auto works, represent the work force. 1st step unionizers take to creating union If employer refues to voluntarily recognize the union after a majority signs the cards, they can petion the Nationa Labor Relations Boad [1]

Output: Labor Law: Union Organization: Authorization Card


Input: [2] Process which labor and management negotiate terms, wages, benefits, working conditions, allows unions to speak on their behalf at bargining table may demand to bargain with employer. Goo [1]

Output: Labor Law: Collective Bargaining


Input: [2] requires that mangement must be willing to meet with union representatives and consider the unions wishes when negotiating contract [1]

Output: Labor Law: Collective Bargaining Good Faith


Input: [2] A firm that requires union membership by its workers as a condition of employment Made illiegal by Labor-Mangement Relations Act [1]

Output: Closed Shop


Input: [2] Union membership not a prerequisite for employment but employee required to join after ample time [1]

Output: Union Shop


Input: [2] Laws making it illegal for union membership to be required for continued employment in any establishement Thus, Union shops are illegal in 22 state that have right to work laws [1]

Output: "Right to Work" State


Input: [2] A paid occupation that involves prolonged training and a formal qualification [1]

Output: What is a Profession


Input: [2] owe a duty to his or her client to honor terms of contract subject to standards of conduct and ethical codes established by profession, state statues, governed by contracts with clients [1]

Output: Professional Ethical Standards


Input: [2] Accounting standard of care: Financncial Accounting board determines what accounint conventions, rules and procedures consistute GAAP at a given point in time [1]

Output: Professional Responsibility, Ethics, Accountability: Who polices these standards


Input: [2] Prima Facie as long as a professional acts in good faith and follows rules he will obviously not be held liable to a client for a mistake in judgment [1]

Output: What remedies are available when a profession makes an ethical mistake and violates his/her professional ethical ruels


Input: bandwagon

Output: A situation in which investors expect the recent trend in exchange rates to extend into the future.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: law of one price

Output: Asserts that a single commodity will have the same price everywhere once the prices are expressed in the same currency. This is another way of stating the purchasing power parity hypothesis. It seems to be true chiefly for commodities that are standardized and heavily traded internationally.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: monetary approach to exchange rates

Output: Seeks to explain exchange rates by focusing on the demands for and supplies of national monies.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: nominal bilateral exchange rate

Output: The exchange rate we see quoted in foreign exchange markets.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: nominal effective exchange rate

Output: The weighted-average exchange value of a country’s currency, where the weights reflect the importance of the other countries in the home country’s total international trade.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: overshooting

Output: When the exchange rate is driven past its ultimate equilibrium rate (usually thought to be the PPP level), and then back to that rate later, during the adjustment of the macroeconomy to an exogenous shock. This effect is the consequence of goods prices that are sticky in the short run.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: purchasing power parity

Output: In its absolute form, this hypothesis says that the exchange rate will equal the ratio of the domestic price level to the foreign price level, or e = P/Pf. (In its relative form, the hypothesis states that the difference over time in inflation rates will be offset by changes in the exchange rate over that period)] An approximation of relative purchasing power parity is [efuture – etoday] = [(inflation rate at home) minus (inflation rate in the foreign country]).

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: quantity theory of money

Output: Theorizes that, in any country, the money supply is equal to the demand for money, which is directly proportional to the value of nominal gross domestic product. This is symbolized as M = kPY. Here, money’s only role is as a medium of exchange.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: real exchange rate

Output: A way of measuring the price of foreign goods, not just in currency-adjusted terms, but also in price-level-adjusted terms. The real exchange rate on a currency at any moment in time is calculated as: [(foreign cost of home currency) x (P/Pf) x (100)]. If purchasing power parity holds between the two countries, the real exchange rate will be 100. When the real exchange rate is above 100, the home currency is overvalued and the foreign currency is undervalued; when the real exchange rate is less than 100, the home currency is undervalued and the foreign currency is overvalued.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: speculative bubble

Output: A self confirming upward or downward movement in a price (here, the exchange rate) that is out of line with the changes in the fundamental factors that determine the price of that object.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: adjustable peg

Output: A system in which a country tries to keep its exchange rate fixed for long periods of time and only changes the pegged rate when there is a substantial payments disequilibrium at that rate.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: beggar-thy-neighbor

Output: Policies such as devaluations or tariffs intended to benefit one country’s economy at the expense of another. Such policies were widespread during the Great Depression of the 1930s.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Bretton Woods system

Output: Under this post World War II agreement organizing international financial affairs between 1944 and 1971, countries were allowed devaluations and revaluations of an adjustable peg exchange rate when faced with fundamental disequilibria that would otherwise require drastic domestic adjustment to keep the exchange rate fixed. Keynes was one of the architects of the Bretton Woods system.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: capital controls

Output: Government limits placed on the use of the foreign exchange market to make payments related to international financial activity (as opposed to payments for goods and services).

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: clean float

Output: Exchange rates determined by a freely-functioning foreign exchange market.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: crawling peg

Output: An exchange rate system in which the pegged rate is changed frequently according to a set of indicators or in response to monetary authority direction.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: deficits without tears

Output: A situation in which a country’s currency is considered an international reserve so that the country can finance its official settlements deficit by issuing its own currency. The U.S. had extraordinary leeway to finance its payments deficits by issuing dollars in the 1950s and 1960s.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: dirty float

Output: Also known as managed float. An exchange rate which is generally floating but with government willingness to intervene to attempt to influence the equilibrium value of the rate.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: dollar crisis

Output: Denotes the situation prevailing toward the end of the Bretton Woods era, with the excessive build up of dollar reserves in the hands of foreign central banks due to the large and persistent U.S. payments deficits. The gold backing of the dollar was questioned, and ultimately the dollar was allowed to float freely starting in 1973.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: domestic adjustment

Output: Refers to the necessary changes in the level of a country’s aggregate demand to ensure that supply and demand for foreign exchange are back to equilibrium at the fixed exchange rate, thus avoiding any further pressure on the exchange rate.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: EURO

Output: The currency of the European Union. As of 2008, 15 of 27 EU countries have replaced their national currencies with the euro.


Input: ERM of the EMS

Output: Predecessor to the euro zone, the exchange rate mechanism (ERM) of the European Monetary System (EMS) maintained pegged exchange rates among ERM members’ currencies with currencies floating as a bloc against outside currencies such as the U.S. dollar. Some EU member states participate in a modified ERM in which their currencies are pegged to the euro.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: foreign exchange controls

Output: Restrictions on the ability of individuals to freely dispose of foreign exchange earned abroad and to acquire foreign exchange for spending abroad. For example, the excess demand for an officially undervalued foreign currency is dealt with by rationing the scarce supply available through exchange controls.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: fundamental disequilibrium

Output: A balance of payments surplus or deficit too great and/or enduring to be financed. It is easy to detect with hindsight, but difficult to detect at the outset.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: "Gnomes of Zurich"

Output: Epithet coined by Britain’s Chancellor of the Exchequer for the speculators he thought were abandoning the British pound and making it increasingly difficult to defend a pegged exchange rate in the mid 1960s.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Gold standard era

Output: From about 1870 to WWI, most nations tied their currency values to gold and allowed unrestricted import and export of gold. Officials were expected to adjust the whole economy to defend the exchange rate.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: IMF

Output: An institution created by the Bretton Woods agreement in 1944, the IMF aims to promote orderly foreign exchange arrangements and to limit exchange rate manipulation. It also lends reserves to its members (185 countries as of 2008) to finance temporary international payments difficulties.


Input: leaning against the wind

Output: Government intervention in the foreign exchange market to moderate current movements in floating exchange rates.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: official intervention

Output: Government attempts to influence the market exchange rate by buying or selling foreign currency in exchange for the domestic currency.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: one-way speculative gamble

Output: A bet which entails minimal or zero risk of loss for the gambler. A persistent payments imbalance under the Bretton Woods system, for example, clearly signaled the likelihood of a devaluation in the case of a deficit or a revaluation in the case of a surplus. There was, therefore, little risk of losing money by moving funds away from the currency to be devalued and toward the one to be revalued. At worst, speculators had to shoulder the transaction costs.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: par value

Output: The value of the exchange rate that government officials try to target. Often the government will allow some flexibility of the actual exchange rate in a “band” around the par value.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: parallel market

Output: A rather nice way of saying “black market.” In countries with exchange controls, economic agents often find it profitable to circumvent official restrictions on buying and selling foreign currencies through the use of parallel markets.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: pegged exchange rate

Output: Term used in place of “fixed exchange rate” because, in practice, no exchange rate stays fixed forever, but can be changed by government action. This is a common exchange rate regime in developing countries.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: price discipline effect

Output: The argument that a fixed exchange rate system results in reduced inflation rates globally, largely because high-inflation countries become less competitive and run out of reserves needed to finance payments deficits. Those countries ultimately must tighten their domestic money supply to maintain the fixed exchange rate. As a result, inflation decreases.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: "snake in the tunnel"

Output: A system set up by members of the EEC in 1971, whereby each currency would float inside a specified band against every other member currency (the snake), and a maximum limit was set on the difference between the most appreciating and most depreciating currencies (the tunnel). This was a predecessor to the EMS.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Special Drawing Rigths

Output: Reserve assets created by the IMF, beginning in 1970 as a supplement to existing reserve assets. The value of one SDR is determined by the weighted average of a basket of the currencies of the five countries with the largest share of world exports of goods and services—the U.S. dollar, the Japanese yen, the British pound, and the Euro (representing France and Germany).

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: sterilization

Output: Using monetary policy to offset the impact of official intervention on the domestic money supply. For example, a government might purchase its own currency to support its exchange value, but then purchase domestic bonds to restore the domestic money supply. The intent is to manipulate currency values without affecting the domestic economy.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Brady Plan

Output: A method devised by the U.S. Treasury for resolving the 1980s debt crises. Bank borrowing of 18 debtor countries was restructured with some debt reduction and some repackaging of loans as Brady bonds.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Conditionality

Output: The “strings” attached by the International Monetary Fund to loans it makes to a country in financial crisis; these are intended to address and correct the fundamental problems that caused the crisis. Such strings include fiscal and monetary restraint and liberalization of the country’s domestic and international markets.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Debt Overhang

Output: The amount by which a borrower’s debt exceeds the present value of future transfers that will be made for debt service. For example, if a loan is made for current consumption or for low quality investment, today’s value of the future income streams from those uses will be much less than the amount the borrower owes.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Debt Restructuring

Output: A general term for changing the details of an existing loan. “Debt rescheduling” modifies the due date (or “maturity”) of the loan; “debt reduction” modifies the amount (or “principal”) of the loan.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Debt Service

Output: Repayments of principal and interest. The debt service ratio is a measure of a country’s debt burden and expresses debt service as a percentage of total export revenues or GDP.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: International Capital Flows

Output: Financial flows of credit and ownership claims between countries. Flows of physical capital goods are typically treated as ordinary trade flows, not capital flows, in the balance of payments accounts.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: Moral hazard

Output: A situation in which someone insured against risks will purposely engage in risky behavior, knowing that any costs incurred will be compensated by the insurer. A financial system that offers “rescue packages” may encourage borrowers and lenders to undertake low quality or high risk investments, thus increasing the likelihood of a crisis.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: nationally optimal tax on fund flows

Output: As with an optimal tariff, a large country may be able to exert market power and turn the terms of trade in its favor. For example, if a lending country taxes the outflow of funds, it will raise the price that borrowers have to pay. The country’s lenders earn a higher rate of return and the government collects the tax revenues. Although this may increase welfare in the lending country, it always reduces world welfare.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: sovereign

Output: Someone or something that has legal independence. This usually refers to national governments because (as in the case of debts they owe) they cannot be forced to repay, be sued, or have their domestic assets seized.


Input: tequila effect

Output: When investors recall loans from all developing countries rather than only from the particular country facing the debt crisis.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: external balance

Output: Performance goal in which the country’s economy has an overall balance of payments that is sustainable over time.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: FE Curve

Output: This curve shows all combinations of interest rate and income which result in a zero balance in the country’s overall international payments position (its official settlements balance is zero). The FE curve usually slopes upward because, as income rises, the demand for imports rises; interest rates must also rise to attract capital so that the current account deficit is offset by a financial account surplus. The FE curve is horizontal if there is perfect capital mobility between countries

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: foreign-income repercussions

Output: When country J’s income rises, it is likely to increase imports from its trade partner, country K. Country K, in turn, experiences an increase in its income. As a result, Country K is likely to import more from country J, raising country J’s income even further. The increase in country K’s income is referred to as a “spillover effect”; the subsequent increase in country J’s exports (and so income) is called a “foreign-income repercussion.” Spillovers and foreign-income repercussions raise the open-economy spending multiplier of a country.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: internal balance

Output: A performance goal in which the country’s economy is producing at the full employment income level with price stability.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: IS curve

Output: This curve shows all combinations of interest rate and income that equilibrate the market for goods and services. The IS curve slopes downward because, as interest rates fall, the demand for goods and services rises; output must rise to re-equilibrate the market for goods and services.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: LM curve

Output: This curve shows all combinations of interest rate and income that equilibrate money demand and money supply. The LM curve slopes upward because, as national income rises, so does money demand; with a fixed money supply, interest rates must rise to re equilibrate the money market.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: locomotive theory

Output: Argues that growth in the largest countries may be sufficient to raise world growth overall. This theory comes from the observation that growth in the U.S., Europe, and Japan tends to result in growth of other countries because these large countries import more when their incomes rise. Some suggest that China may now be a locomotive country.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: marginal propensity to import

Output: The ratio of a change in import volumes to the change in real national income causing the import change. Graphically, it is represented by the slope of the import function.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: open economy spending multiplier

Output: This takes into account the leakage from the spending stream caused by the marginal propensity to import. Whereas the simple closed economy multiplier is [1/marginal propensity to save], the open economy multiplier is [1/(marginal propensity to save + marginal propensity to import)]. For a small economy, the open economy multiplier is smaller than the closed economy multiplier. For a large country, however, the open economy multiplier may be augmented by foreign¬ income repercussions as income increases in the large country induce income changes in trade partners and so have feedback on the large country’s exports

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: spending multiplier

Output: The ratio of a change in national income to the change in autonomous spending that caused the income change. It is greater than one because an initial increase in autonomous spending (independent of income) generates many successive changes in induced spending (dependent on income).

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: sterilized/unsterilized intervention

Output: Under a fixed or managed exchange rate regime, the monetary authorities have to intervene in the foreign exchange market to satisfy any private excess demand for, or supply of, foreign exchange. If the monetary authorities allow such operations to affect the money supply, it is called unsterilized intervention. If, instead, they undertake offsetting purchases or sales of government bonds in the open market, so as to prevent a balance of payments surplus or deficit from having any net effect on the domestic money supply, it is called sterilized intervention.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: rules of the game

Output: Also known as “classical medicine.” Under fixed exchange rates or the gold standard, the “rules of the game” require monetary authorities to refrain from sterilizing payments imbalances. Instead, they should actively push their domestic lending in the same direction as the payments imbalance, so as to speed up the elimination of payments imbalances, even if this requires sacrificing the goal of internal balance in the short run.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: perfect capital mobility

Output: In this situation, a practically unlimited amount of lending moves between countries in response to the slightest change in one country’s interest rate.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: monetary-fiscal policy mix

Output: A short run solution to the aggregate demand policy dilemma; it exploits the opposite impacts of fiscal and monetary policies on the interest rate and, in consequence, on the balance of payments. Under fixed exchange rates and with imperfect capital mobility, the policy mix suggested by the assignment rule will allow a country to achieve both internal and external balance in the short run.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: monetary base

Output: Currency and deposits at a country’s central bank; they provide the pool of funds used in sterilization.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: J curve

Output: When the price effect of a currency devaluation occurs more rapidly than the volume effect, the initial impact of a devaluation is to worsen the current account. After a period of months, the volume of imports falls and the volume of exports rises, causing the current account to improve. A trace of this time pattern in the current account results in the “J” shape.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: internal shocks

Output: Sudden changes in domestic spending or in the financial sector (money demand or supply).

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: external shocks

Output: Sudden changes in international capital flows or in international trade.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: exogenous shocks

Output: Shocks caused by factors outside a model that are independent of other factors in the model or system.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: endogenous shocks

Output: Shocks caused by factors within the model or system.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: central bank

Output: The official authority that controls monetary policy and (usually) undertakes the official intervention in the foreign exchange market.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: capital flight

Output: When investors flee a country (taking their capital with them) because of doubts about government policies.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: assignment rule

Output: A guideline for assigning goals to fiscal and monetary policies. Fiscal policy should aim at achieving internal balance, while monetary policy should aim at achieving external balance.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: aggregate demand policy dilemma

Output: Refers to the difficulty of improving the levels of both national income and the balance of payments by manipulating only the level of aggregate demand.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: G-8 Countries

Output: Canada, France, Germany, Great Britain, Italy, Japan, Russia, and the United States. These countries (initially known as the G-7 countries when Russia was not yet a member) first coordinated to intervene in exchange rate markets with the Plaza Accord in 1985.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: international macroeconomic coordination

Output: The joint determination of several countries’ macroeconomic policies to improve joint performance. An example is the 1987 Louvre Accord among the G 7 countries.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: currency board

Output: One system for fixing a country’s exchange rate. The board stands ready to exchange domestic currency for foreign currency at a rate specified and fixed, and can issue new domestic currency only in exchange for foreign reserves. In essence, the domestic currency is fully backed by reserves of foreign exchange. Currency boards are popular in emerging economies.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: dollarization

Output: An extreme form of fixed exchange rate system. A country surrenders its own currency and uses as its medium of exchange the currency of a foreign nation. A dollarized country has no independent money supply or monetary policy. Ecuador dollarized in 2000; El Salvador dollarized in 2001.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: European Central Bank

Output: This supra national bank took over monetary policy in the EMU “euro zone” in 1999. Policy will be made by a council comprised of executive committee members and the directors of the member countries’ national banks. A key concern for the ECB is how to balance goals of price stability versus growth and employment.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: European Monetary Union

Output: Outlined by the Maastricht Treaty in 1991 and ratified by the EU countries in 1993. One of its goals was to create a single Europe-wide currency. To join, EU countries had to meet macro criteria regarding exchange rate stability, inflation and interest rates, and government finances. In 1998, 11 EU countries joined the EMU. Britain, Denmark, and Sweden chose not to join, while Greece did not qualify. As of 2008, 15 EU countries have become full members of the EMU and have adopted the euro as their currency.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: monetary union

Output: A collection of nations in which exchange rates are permanently fixed and a single monetary authority conducts a common monetary policy for the countries of the union.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: price discipline

Output: The notion that a fixed exchange rate system reduces inflation globally. High-inflation countries become less competitive and run out of reserves to finance payments deficits. They must tighten the domestic money supply to maintain the fixed exchange rate; lower inflation results.

Explains exchange rates in terms of demands and supplies of all assets denominated in different currencies. The monetary approach to exchange rates is a variant of this approach in which only demands and supplies of the money asset are considered.


Input: trilemma

Output: The recognition that a country cannot, simultaneously, maintain a fixed exchange rate, free capital mobility, and independent monetary policy.


Input: [Selection ratio] High selection ratio

Output: Most people who apply are being hired (this is preferable from a job applicant’s point of view)

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] Low selection ratio

Output: Only a small number of people applying are being hired. This is much more challenging when you’re looking for a job.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] What is Title VII of the Civil Rights Act 1964?

Output: An Act which states that you cannot make employment decisions, can’t segregate, can’t train or not train due to: race, color, religion, sex, national origin. i.e. you can’t limit people based on these variables, personal characteristics.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] Age Discrimination in Employment Act (1978) states what?

Output: It states that if you are between 40 and 70 you cannot be told you are too old for a job. If you are 16 or 25 and you are told you are too young for a job, there’s nothing you can do about it.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] Americans with Disabilities Act (1992)

Output: Requires organizations to make reasonable accommodations for individuals with disabilities. ‘Qualified’ is open to interpretation.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] The Act states what are disabilities and what are not. What are some examples of characteristics that are disabilities?

Output: Neurological disorders, HIV, epilepsy

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] What are some examples of characteristics that ARE NOT disabilities?

Output: Exhibitionism, pedophilia,

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] Define adverse impact

Output: A type of unfair discrimination (which is not illegal) in which the result of using a particular personnel selection method has a negative effect on protected group members compared with majority group members.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] Define disparate treatment

Output: Disparate treatment – a type of unfair discrimination in which protected group members are afforded differential procedures in consideration for employment compared with majority group members.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] If an organization is shown to be hiring on the basis of adverse impact, what are 2 things they can do?

Output: 1. Show that their selection devices are valid (eg. physical strength requirement for firefighters, therefore females don't pass strength test) 2. State that it is a business necessity (would not be appropriate for males to model for a maternity catalogue)

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] List 3 types of factors that affect work performance.

Output: KSAs Motivation Environmental constraints

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: [Selection ratio] What does the EEOC do?

Output: Enforces employment laws related to civil rights.

Psychology of the Workplace - Legal issues Flashcards - Cram.com

The number of job openings divided by the number of job applicants.


Input: Functional Define how the user will interact with the system Business The big picture of what the business wants from the system Technical Define what the system does to perform the functional requirements

Output: Exam Essential Understand the three categories of requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: • Usability requirements • Maintainability requirements • Legal requirements • Performance requirements • Operational requirements • Security requirements Industry or corporate standards may also impact technical requirements if you are developing an application the interfaces to existing systems.

Output: What are some common technical requirements?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Project Sponsor An executive in the organization who has the authority to allocate dollars and resources to the project. Serve as final decision makers on the project and signs and approves the project charter Stakeholder Organization or individual who has a vested interest (something to lose or gain) in the project Common Stakeholders • Sponsor • Project manager • Project team members • Functional managers • Customers • End users • Others with an interest in the project

Output: Exam Essential Be able to define a project sponsor and the stakeholders common to most projects.

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: • Provide or obtain financial resources • Authorize assignment of human resources to the project • Assign the project manager and state their level of authority • Serve as final decision maker for all project issues • Negotiate support from key stakeholders • Monitor delivery of major milestones • Run interference and remove roadblocks • Provide political coaching to the project manager

Output: What are the typical responsibilities of the project sponsor?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The project charter becomes the basis for more detailed project planning.

Output: What is the project charter the basis for?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Factors that are believed to be true and affect project planning. Assumptions may impact risk and should always be documented and validated.

Output: Key Terms Assumptions

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The conditions that the product must meet to support the high-level processes and needs of the business.

Output: Key Terms Business requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A process that documents the final delivery and acceptance of the project and is where hand-off occurs to the operational unit. Documenting lessons learned are performed during this process, and project team members are released.

Output: Key Terms Closing

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The recipient of service or product that the project created. Also known as client in some organizations

Output: Key Terms Customer

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Breaking the project deliverables into smaller, more manageable components.

Output: Key Terms Decomposition

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Deliverables are: • Measureable outcomes, • Measureable results, or • Specific items. That must be produced to consider the project complete.

Output: Key Terms Deliverables

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The person or group who will use the product produced by the project.

Output: Key Terms End user

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A project that will be used by users throughout the enterprise

Output: Key Terms Enterprise project

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: This project process group is where the work of the project is performed

Output: Key Terms Executing

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A schedule compression technique where two activities that were previously scheduled to start sequentially start at the same time. Fast-tracking reduces schedule duration.

Output: Key Terms Fast tracking What is the benefit of fast-tracking?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Conditions that the product must meet to support how the end users will interact with the product.

Output: Key Terms Functional Requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: An explanation of the major characteristics of the product including an explanation of why the product meets the business needs. Also known as product description.

Output: Key Terms High-level requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Formal authorization of a new project or for an existing project to continue. All the activities that lead up to the final authorization to begin the project.

Output: Key Terms Initiating Process Group What is included in this process group

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The project process group where activities are performed to monitor the progress of the project and determine whether there are variances from the project plan. Corrective actions are taken during this process to get the project back on course.

Output: Key Terms Monitoring & Controlling

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The process group where the project goals, objectives, and deliverables are refined and broken down into manageable units of work. Managers create time and cost estimates and determine resource requirements for each activity The Project Plan.

Output: Key Terms Planning What is the primary result of this process?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: An explanation of the major characteristics of the product including an explanation of why the product meets the business needs. Also known as high-level requirements.

Output: Key Terms Product description

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: An individual, who believes in, understands and supports the project. Usually one of the key stakeholders, they spread the great news about the benefits of the project and act as a cheerleader of sorts, generating enthusiasm and support. An individual, who believes in, understands and supports the project. Usually one of the key stakeholders, they spread the great news about the benefits of the project and act as a cheerleader of sorts, generating enthusiasm and support.

Output: Key Terms Project champion

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A document that is created in the initiation phase that provides direction about the project’s objectives and management and authorizes the project to begin. Also known as a project initiation document.

Output: Key Terms Project charter

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Documents the key characteristics of the product or service that will be created by the project.

Output: Key Terms Project description

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The required phases to develop the product. Encompasses all the work of the project and can be represented on a timeline.

Output: Key Terms Project life cycle

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A document provided to a prospective vendor requesting a proposal for work and or products to be provided. Also known as Invitation for Bid (IFB).

Output: Key Terms Request for Proposal (RFP)

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: An executive in the organization who can assign resources and can make final decisions on the project.

Output: Key Terms Sponsor

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: An individual or organization that affects or is affected by the project.

Output: Key Terms Stakeholder

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A document that outlines the details and requirements of the product or service being procured (from a vendor).

Output: Key Terms Statement of Work (SOW)

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The product characteristics required for the product to perform the functional requirements.

Output: Key Terms Technical Requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: 1. Initiating 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing

Output: What are the five (5) process groups of project management?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Outcome or product that is produced to complete a work package or project Must be completed and approved before moving to the next phase of the project or before you can declare the project complete.

Output: Key Term Deliverable

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: 1. The deliverables for each phase and list the categories of resources involved. 2. A high-level timeline for the phase might be constructed as well 3. How the output of the project will be incorporated into the organization’s operational business upon completion

Output: At a high-level what should all project life-cycles describe?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Meeting with the requestor to clarify and further define: 1. The project needs 2. Identify the functional and technical requirements 3. Document the high-level requirements

Output: What must is a project managers first step after receiving a project request?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: It will give the client (requestor) a better starting point for identifying the functional and technical requirements.

Output: How does clarifying the problem upfront help the project requestor?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Part of the formal request for project approval. It is also the basis for defining: • Project scope • Estimating the cost of the project • Identifying resources required • Developing the schedule

Output: What is the high-level requirements document?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: 1. Problem Statement 2. Objectives 3. Strategic Value 4. Requirements 5. Timing 6. Historical Data

Output: What information should be included in the High-Level Requirement Document?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Problem Statement • What issue or problem generated this request? • What is the specific business need that the client wants to address?

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Problem Statement

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Objectives • How do you define project success? • What is the end result? • What are the deliverables leading to the end result? • What are the goals? • How are the goals measured?

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Objectives

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Strategic Value • How does this product fir the strategic vision of the corp? • Is there a link to other proposed or ongoing projects

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Strategic Value

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Requirements • What work functions are required? • Are there interfaces to existing systems? • What are the performance criteria? • What are the support requirements?

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Requirements

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Timing • When does the customer need to project completed? • Are there market windows involved? • Are there significant business expenses to be incurred if the project is not complete? • Is there an impact to corporate revenue if the project is delayed?

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Timing

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Historical Data • Have there been similar projects in the past? • Were they successful? • Can pieces of previous projects be reused for this project?

Output: When completing the High-Level Requirement Document, what questions should you ask to complete the: Historical Data

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Influential people in the organization who have expressed a desire to be involved in the project, without a direct or obvious connection.

Output: Define: Political Stakeholders

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: you have a large project with multiple stakeholders. • Name • Notes for your own reference • Department • Level of involvement on the project • Contact Information • Level of influence over the project • Role on the project • Needs, concerns, and interests regarding the project

Output: When should you use a stakeholder matrix? What information should be included on a stakeholder matrix?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Commercial off-the-shelf (COTS) application

Output: Define: COTS

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Gaining consensus

Output: What is the most important aspect of multiple business unit projects?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Specialize in writing software or web-based programs that provide computer-related solutions to: • business problems, • productivity issues, • entertainment, • and more.

Output: Describe the following IT stakeholder: Software Developers

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Responsible for configuring and supporting the server that will host your project

Output: Describe the following IT stakeholder: Server Administrators

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Responsible for creating the database schema and their associated requirements They also plan the backup and recovery methodologies for the data

Output: Describe the following IT stakeholder: Database Administrators (DBAs)

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Handle the routers, switches, LAN cabling, and WAN connections

Output: Describe the following IT stakeholder: Internetworking specialists

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Manage the company’s telephone equipment and operations

Output: Describe the following IT stakeholder: Telephony specialists

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Operate at the functional level of taking the system requirements and breaking them down into a system design specifications that the system developers can use to build the project.

Output: Describe the following IT stakeholder: Systems Analysts

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Understand the workflow processes and the needs of the business unit and are able to interface with the IT folks to help them understand what the business unit really wants

Output: Describe the following IT stakeholder: Business Analysts

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Draft the blueprint for infrastructure of the proposed system

Output: Describe the following IT stakeholder: System Architects

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Makes certain that all security requirements for the project are implemented

Output: Describe the following IT stakeholder: Security Analysts

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Responsible for writing all of the documentation for the system, including: • training documents • user manuals • help-desk cheat sheets • job aids • other documentation

Output: Describe the following IT stakeholder: Technical Writers

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: A project charter provides formal approval for the project to begin and authorizes the project manager to apply resources to the project. • Project goals and objectives • Project description • Problem statement • Key project deliverables • High-level milestones • High-level cost estimates • Stakeholders • High-level assumptions • High-level constraints • High-level risks • General project approach • PM and their authority level • Project sponsor • Other content

Output: Exam Essential Be able to describe a project charter and list the key components “DPs DOg CRAP SCAMS”

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Goals and objectives should: • Be a clear statement of the end result the project will produce • Include how success will be measured • Be quantifiable and measureable • Create a common understanding of the end result

Output: How should goals and objectives be outlines in the project charter?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The project description documents the key characteristics of the product, service or result that will be created by the project. This description needs to contain enough detail to be the foundation for the Planning process group, which begins once the charter is signed.

Output: Describe the project description as a part of the project charter.

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: • Why are we embarking on this project in the first place? • What is it we hope to gain in undertaking this project? • What problem are we trying to solve? You can refer to the business case.

Output: What questions does the problem statement answer in the project charter? Where could you refer for help with the problem statement?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: The completion of a significant event or major deliverable used to measure project progress. Milestones are used as checkpoint during the project to determine whether the project is on time and on schedule.

Output: Define: Milestone

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: For the purposes of the project charter you need to have a high-level estimate of the projects cost. Use historical data from past projects that are similar in size, scope and complexity; you may also ask the vendor community to help with some high-level figures

Output: Describe how high-level costs are used in the project charter.

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: There should be a fairly comprehensive understanding of who stakeholders are; you could include the stakeholder matrix. More stakeholders may appear later in the project, but your chances of success increase when you take the time to discover who your stakeholders are.

Output: Describe how stakeholders are identified in the project charter.

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Assumptions are events, actions, concepts, or ideas you believe to be true. It’s important to always document and validate your project assumptions. I.e. T&S will be able to produce the training in this short time period.

Output: What are assumptions? How are assumptions used in the project charter?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Constraints are anything that either restricts or dictates the actions of the project team (i.e. a hard date, like for a trade show) Budgets, technology, scope, quality, and direct orders from upper management are all examples of constraints that could be included in the project charter.

Output: What are constraints? How are high-level constraints used in the project charter?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: • Time • Budget • Quality -OR- • Time • Budget • Scope All of which affect quality

Output: What are the triple constraints according to CompTIA? What do other industry experts refer to the triple constraints as?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: Risks pose either opportunities or threats to the project. • Process risks • Budget risks • Scheduling risks • Political risks • Legal risks • Management risks A constraint is a limitation that currently exists; a risk is a potential future event that could impact the project

Output: What are risks? What sort of risks should be included in the project charter? What is the difference between a risk and a constraint?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: This section of the charter is where you formulate the approach you and your project team will take in bringing about the deliverables of the project.

Output: What is the project approach section of the project charter used for?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: • Name of the project manager • Name of the project sponsor • Team members you’ve already committed to serve time on the project team

Output: What other content might be included in the project charter?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: It moves the project from the initiating phase to the planning phase. All stakeholders

Output: What does issuing the project charter do to the project phase? Who should receive a copy of the project charter?

CompTIA Project+ PK0-003 (2/10) Flashcards - Cram.com

Exam Essential Be able to define the initiating process What does the initiating process start with? What is the primary output of this process group?


Input: [2] used to show the noun's action of being in a location [1]

Output: ablative

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] used to show the noun is going toward or away from a location [1]

Output: accusative

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] used to show the noun is the subject of the sentence, rather than the object [1]

Output: nominative

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] used to show the noun is the indirect recipient or an object or action/ the indirect object [1]

Output: dative

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] used to show the noun's possession [1]

Output: genitive

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntio the boy gives the messenger a letter 2nd declension singular dative [1]

Output: nuntio the boy gives the messenger a letter

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntii the messenger's shoe 2nd declension singular genitive [1]

Output: nuntii the messenger's shoe

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntiis the messengers walk through the fields 2nd declension plural ablative [1]

Output: nuntiis the messengers walk through the fields

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntiorum the messengers' shoes 2nd declension plural genitive [1]

Output: nuntiorum the messengers' shoes

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntios the messengers walk toward the villa 2nd declension plural accusative [1]

Output: nuntios the messengers walk toward the villa

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntium the messenger walks toward the villa 2nd declension singular accusative [1]

Output: nuntium the messenger walks toward the villa

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntiis the boy gives the messengers letters 2nd declension plural dative [1]

Output: nuntiis the boy gives the messengers letters

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntio the messenger walks through the fields 2nd declension singular ablative [1]

Output: nuntio the messenger walks through the fields

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntii the messengers and the dogs 2nd declension plural nominative [1]

Output: nuntii the messengers and the dogs

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] nuntiius the messenger and the dogs 2nd declension singular nominative [1]

Output: nuntiius the messenger and the dogs

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillis the boy gives the slave-women hugs 1st declension plural dative [1]

Output: ancillis the boy gives the slave-women hugs

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillae the boy gives the slave-woman a hug 1st declension singular dative [1]

Output: ancillae the boy gives the slave-woman a hug

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillis the slave-women go through the fileds 1st declension plural ablative [1]

Output: ancillis the slave-women go through the fields

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancilla the slave-woman goes through the fields 1st declension singular ablative [1]

Output: ancilla the salve-woman goes through the fields

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillam the slave-woman walks through the villa 1st declension singular accusative [1]

Output: ancillam the slave-woman walks through the villa

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancilla slave-woman and the dogs 1st declension singular nominative [1]

Output: ancilla slave-woman and the dogs

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillae salve-women and the dogs 1st declension plural nominative [1]

Output: ancillae salve-women and the dogs

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillae slave-woman's shoe 1st declension singular genitive [1]

Output: ancillae slave-woman's shoe

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillarum slave-women's shoes 1st declension plural genitive [1]

Output: ancillarum slave-women's shoes

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] ancillas the slave-women walk through the villa 1st declension plural accusative [1]

Output: ancillas the slave-women walk through the villa

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempes the times are getting closer to the parties 3rd declension plural accusative [1]

Output: tempes the times are getting closer to the parties

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempem the time is getting closer to the party 3rd declension singular accusative [1]

Output: tempem the time is getting closer to the party

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempibus the date and the times 3rd declension plural dative [1]

Output: tempibus the date and the times

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempis the time's number 3rd declension singular genitive [1]

Output: tempis the time's number

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempum the times' numbers 3rd declension plural genitive [1]

Output: tempum the times' numbers

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempi the date and the time 3rd declension singular dative [1]

Output: tempi the date and the time

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempes the times and the date 3rd declension plural nominative [1]

Output: tempes the times and the date

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempe the time of the party 3rd declension singular ablative [1]

Output: tempe the time of the party

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] tempibus the times of the parties 3rd declension plural ablative [1]

Output: tempibus the times of the parties

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] temp the time and the date 3rd declension singular nominative [1]

Output: temp the time and the date

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovibus the cows are in the grass 3rd declension plural ablative [1]

Output: bovibus the cows are in the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovem the cow walks toward the grass 3rd declension singular accusative [1]

Output: bovem the cow walks toward the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] boves the cows walk toward the grass 3rd declension plural accusative [1]

Output: boves the cows walk toward the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bove the cow is in the grass 3rd declension singular ablative [1]

Output: bove the cow is in the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovibus the grass and the cows 3rd declension plural dative [1]

Output: bovibus the grass and the cows

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovi the grass and the cow 3rd declension singular dative [1]

Output: bovi the grass and the cow

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovum the cows' grass 3rd declension plural genitive [1]

Output: bovum the cows' grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bos the cow and the grass 3rd declension singular nominative [1]

Output: bos the cow and the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] boves the cows and the grass 3rd declension plural nominative [1]

Output: boves the cows and the grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] bovis the cow's grass 3rd declension singular genitive [1]

Output: bovis the cow's grass

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberum the boy brings the book to the liberum 2nd declension singular accusative [1]

Output: liberum the boy brings the book to the library

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberos the boy brings the books to the liberos 2nd declension plural accusative [1]

Output: liberos the boy brings the books to the library

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberi the books and the paper 2nd declension plural nominative [1]

Output: liberi the books and the paper

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberi the book's pages 2nd declension singular genitive [1]

Output: liberi the book's pages

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberorum the books' pages 2nd declension plural genitive [1]

Output: liberorum the books' pages

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] libero the dog and the book 2nd declension singular dative [1]

Output: libero the dog and the book

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberis the dog and the books 2nd declension plural dative [1]

Output: liberis the dog and the books

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] libero book in the library 2nd declension singular ablative [1]

Output: libero book in the library

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liberis books in the library 2nd declension plural ablative [1]

Output: liberis books in the library

Adia's Noun Flashcards Flashcards - Cram.com


Input: [2] liber the book and the paper 2nd declension singular nominative [1]

Output: liber the book and the paper

Adia's Noun Flashcards Flashcards - Cram.com


Input: 2. National Oceanic and Atmospheric Administration 3. Public Health Service

Output: Salutes are rendered to all officers of the U.S. and foreign armed services. Officers belonging to which of the following organizations are also entitled to salutes?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Present arms

Output: While standing a sentry box, you are approached by an officer. What type of rifle salute should you render?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Salutes rendered by a ship, unit, post, station, or an individual to high-ranking individuals, other ships, or nations

Output: The term honors is defined by which of the following statements?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 600 yards

Output: Passing honors for ships are exchanged when ships pass within what distance?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 400 yards

Output: Passing honors for boats are exchanged when boats pass within what distance?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: One blast, one blast, two blasts, three blasts

Output: Your ship is about to render honors to another ship passing close aboard to starboard. In what order are the appropriate whistle signals given?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 1. When the ship is entering a U.S. port for an operational visit 2. When the ship is returning from an extended deployment 3. When the ship is entering home port from a local operation

Output: A crew is paraded at quarters on which of the following occasions?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 5 seconds

Output: Gun salutes are normally fired at what time interval?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 1. A regular, expected action 2. A way of acting 3. A formal act performed on a public occasion

Output: Which of the following phrases defines the term ceremony?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 5 minutes

Output: Aboard ship, how many minutes before morning and evening colors is the PREP pennant hoisted?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: The jack staff on the bow

Output: On Navy ships not under way, where is the union jack displayed?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: When the commanding officer or unit commander dies

Output: A commissioning or command pennant is half-masted only under which, if any, of the following conditions?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Hoisted smartly, lowered ceremoniously

Output: The national ensign is hoisted and lowered in which of the following ways?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Only the boat officer (or, if absent, the coxswain) salutes; all others remain seated at attention

Output: When the national anthem is being played, Sailors in a boat must adhere to which of the following rules?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Board first and sit forward, leaving room aft for the officers

Output: An enlisted person and two officers are about to board a boat. Which of the following procedures should the enlisted person follow in entering the boat?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: 1. Black silk 2. Black acetate

Output: The neckerchief is made from which of the following materials?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?


Input: Wool serge

Output: What material is used to make governmentissue dress white jumpers and trousers?

BMR CH9, CH10 CUSTOMS AND UNIFORM, FORMATION Flashcards - Cram.com

You may salute with your left hand when which of the following situations occurs?