NCS internal eDM headers - pma carnival
Cost

1. Goods is still in Bedok warehouse, can we recognize the cost?
A. No, as risk and reward is not yet transferred to customer.
B. Yes, as it has already left vendor site.
C. Yes, if customer agreed to leave goods in Bedok warehouse.
D. (a) & (c)
2. What type(s) of PO nature requires amortization dates? (multiple answers)
A. Perpetual license
B. Term license
C. Maintenance support
D. Hardware purchase
3. Scenario: PM is aware that EAC will be a loss, however PTD P/L is still healthy (no erosion/not red/profitable). Therefore, PM need not alert WL & BRC. T/F?
A. True
B. False
4. When is the cutoff for the submission of signed DO?
A. -WD1
B. LWD
C. No cutoff
D. -WD2
5. Scenario: My project requires BRC Email approval, hence I emailed BRC Secretariat immediately to seek for approval. Is this correct?
A. Yes
B. No
6. Revenue has been deferred, should my depreciation cost be deferred too?
A. No
B. Yes, because matching concept.
7. Scenario: Vendor license activate upon delivery, however NCS mtn period is delayed. Which dates should PM instruct procurement for amortization?
A. Vendor license service period.
B. NCS maintenance service period.
8. What makes up an acceptable supporting document for cost recognition under sale of HW/SW?
A. Delivery Order, signed with name & company stamp
B. Physical Delivery Order signed with name.
C. Delivery Order, with no signature or company stamp.
9. What is the correct sequence to seek BRC Email Approval (for margin erosion <=$100k).
A. PM -> DL -> Prime LOB Lead -> Watchlist Secretariat -> BRC Secretariat
B. PM -> Watchlist Secretariat -> BRC Secretariat
C. PM -> BRC Secretariat
10. Scenario: Vendor maintenance support is still on-going, however NCS has fulfilled all its deliverables and obligations, can the project be closed now?
A. No, vendor maintenance is still on-going
B. Yes. NCS has fulfilled all deliverables and obligations
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