Premium Essay

Pmp Exam Sheet Sheet

In: Business and Management

Submitted By Pocemon
Words 1760
Pages 8
CHEAT SHEET PMP Exam Cheat Sheet The purpose of this is to help you memorize information to dump onto scrap paper prior to starting exam. It is important that information used on this sheet is information that will be helpful to you on the exam. Every time you sit down to study, start by writing out your “cheat sheet” to see how much you remember. You will remember more each time. This document is an example of what I used for the test and includes step by step instructions to create each piece. You should come up with whatever tricks work for you. I make no guarantees that this will work for you or that there are no errors in here. All I can say is that it worked for me and I hope this helps you find something to work for you. Most of the benefit is in learning to create the spreadsheet not in actually using it. However, it’s a nice feeling to start the test by documenting things you know instead of starting by answering a question you don’t! Good luck and happy studying.

By PMPExamPrep 1

CHEAT SHEET Part A: Process group and Knowledge Area Matrix from P 38 PMBOK 2000 Edition Process Groups Step 1: Fill in negative C0 Knowledge space with X (cells with I P E C^ Areas no processes). • Starting at the top X PIM X of Closing – go down 6 and over 1 S X X • Skip space in X T X X Closing and do “Down and up” C X X X • From top of Q X X Executing drop one and do 3 in a HR X X X row. • In inititating, block Comm X out all except Risk X X X Scope
Proc X X

Step 2: You need a way to remember which processes go where. My friend BT came up with some pneumonics to help. Write them down next to the Knowledge Area. (After a while you may not need these).
Process Groups Knowledge Areas PPI ISSSS AAASS RCCC QQQ OST CIPA RRQQRR PSSSCC PIM S T C Q HR Comm Risk Proc X X X X X X X X X X X I X X X X P E C^ C0 X X X X X X

By PMPExamPrep 2

CHEAT SHEET Step 3: Fill in the…...

Similar Documents

Free Essay

Sheets

...Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets. Sheets.......

Words: 513 - Pages: 3

Free Essay

Balance Sheet

...The Balance Sheet and Notes To The Financial Statements The Balance Sheet and Notes To The Financial Statements Kegunaan Neraca (Usefulness of the Balance Sheet) Balance Sheet yang dikenal sebagai statement of financial position, merupakan laporan pada saat tertentu mengenai sumber daya perusahaan (asset), hutang-hutangnya (liabilities), dan klaim pemilikan residual terhadap sumber daya (owner’s equity). Dengan menganalisis hubungan di antara pos-pos ini, maka investor atau creditor dapat mengetahui: 1. Liquidity, yaitu kemampuannya untuk memenuhi short-term obligations 2. Solvency, yaitu kemampuan untuk membayar semua current and long-term debt pada saat jatuh tempo. Comparative Balance Sheet dapat memberikan banyak informasi yang berguna bagi pihak yang berkepentingan dalam menganalisis kekuatan suatu perusahaan. UNSUR-UNSUR NERACA (Elements of The Balance Sheet) 1. Assets mencakup costs yang belum ditandingkan dengan revenue di masa lalu dan diharapkan memberi manfaat ekonomi dalam menghasilkan revenue di masa depan. Assets meliputi aktiva moneter (monetary assets), seperti cash, certain marketable securities, receivables, dan nonmonetary assets yang mencakup costs seperti inventory, prepaid insurance, equipment, patents dll 2. Liabilities, mengukur klaim para creditor terhadap sumber daya entitas. 3. Owner Equity, mengukur hak pemilik dalam total sumber daya perusahaan bersangkutan. Classified Balance Sheets Assets Current Assets Cash Investment Securities Account......

Words: 2560 - Pages: 11

Premium Essay

Cost Sheet

...lesson you will learn about cost sheet and its various components. OBJECTIVES After studying this lesson, you will be able to: state the meaning and type of Cost Sheet; state the importance of Cost Sheet; explain the components of total cost; prepare the cost sheet as per format. COST SHEET : MEANING AND ITS IMPORTANCE Cost sheet is a statement, which shows various components of total cost of a product. It classifies and analyses the components of cost of a product. Previous periods data is given in the cost sheet for comparative study. It is a statement which shows per unit cost in addition to Total Cost. Selling price is ascertained with the help of cost sheet. The details of total cost presented in the form of a statement is termed as Cost sheet. Cost sheet is prepared on the basis of : 1. Historical Cost 2. Estimated Cost Historical Cost Historical Cost sheet is prepared on the basis of actual cost incurred. A statement of cost prepared after incurring the actual cost is called Historical Cost Sheet. Estimated Cost Estimated cost sheet is prepared on the basis of estimated cost. The statement prepared before the commencement of production is called estimated cost sheet. Such cost sheet is useful in quoting the tender price of a job or a contract. Importance of Cost Sheet The importance of cost sheet is as follows: Cost ascertainment The main objective of the cost sheet is to ascertain the cost of a product. Cost sheet helps in ascertainment of......

Words: 666 - Pages: 3

Premium Essay

Finial Sheet

...INTL 58001 International Business Operations Final Exam Study Sheet Chapter 9 & 10 Know the fundamentals of foreign exchange markets 1. The market in which foreign exchange transactions take place is the foreign-exchange market. 2. The foreign-exchange market is made up of many different players. The Bank for International Settlements (BIS) devides the market into three major categories: reporting dealers, other financial institutions, and nonfinancial institutions. 3. The foreign exchange market has two segments: 1) The over-the-counter market, composed of commercial and investment banks. 2) The exchange-traded market, comprising securities changes. How is foreign exchange quoted? For exchange is traded using electronic methods, customer direct, interbank direct, or voice broker. The electronic services provided for customers by EBS, Reuters, and Bloomberg also provide a great deal of market data, news, quotes, and statistics about different markets around the world. Bloomberg and Reuters provide market quotes from a large number of banks, so their quotes are close to the market consensus. What are forward contracts, options, and futures? Why do companies use them? 1 1. Forward contracts: Rate quoted today for future delivery (e.g. 30 days); cheaper to get but locked into rate. 2. Options: Right to trade a foreign currency in future at a specific exchange rate; more expensive but have option of not exercising if spot rate......

Words: 1495 - Pages: 6

Premium Essay

Balance Sheet

...Schedule VI Page 2 INTRODUCTION TO REVISED SCHEDULE VI Every company registered under the Act shall prepare its Balance Sheet, Statement of Profit and Loss and notes thereto in accordance with the manner prescribed in Schedule VI to the Companies Act, 1956. To harmonise the disclosure requirements with the Accounting Standards and to converge with the new reforms, the Ministry of Corporate Affairs vide Notification No. S.O. 447(E), dated 28th February 2011 replaced the existing Schedule VI of the Companies Act, 1956 with the revised one. Government vide Notification No. F.N. 2/6/2008 – C.L-V dated 30th March 2011 made the revised Schedule VI applicable to all companies for the financial year commencing from 01st April 2011. The requirements of the Revised Schedule VI however, do not apply to companies as referred to in the proviso to Section 211 (1) and Section 211 (2) of the Act, i.e., any insurance or banking company, or any company engaged in the generation or supply of electricity or to any other class of company for which a form of Balance Sheet and Profit and Loss account has been specified in or under any other Act governing such class of company. Key Features of Revised Schedule VI –Balance Sheet • The revised schedule contains General Instructions, Part I – Form of Balance Sheet; General Instructions for Preparation of Balance Sheet, Part II – Form of Statement of Profit and Loss; General Instructions for Preparation of Statement of Profit and Loss. • The......

Words: 6818 - Pages: 28

Premium Essay

Balance Sheets

...Luke Cresswell Balance sheets A document describing the financial position of a company at a particular point in time, by comparing items owned by the organisation with the amounts that it owes. An account showing the income and expenditure of a firm over a period of time. These documents are required by law in order to show people the financial strengths and weaknesses of an organisation's recent performance and current situation. They can also be used to assess the potential of a business, particularly when trend analysis is used to estimate future performances based on recent history. Both documents are based on historical data and show what has happened in the recent past. Analysing balance sheets: A balance sheet looks at the accumulated wealth of a business and an be used to assess its overall worth. It lists the resources that a business owns and the amounts it owes to others. In addition, it shows the equity provided by the owners. Equity is provided through either the purchase of shares or the agreement to allow the company to retain or plough back profit into the business, Known as reserves , rather than using it to pay further dividends to the shareholders. Elements of the balance sheet: In order to understand the layout of the balance sheet, it is important to understand the different elements listed in it. Assets: Assets can be divided into two main categories according to time: Non current assets tend to be owned by an......

Words: 657 - Pages: 3

Premium Essay

Cost Sheet

...In the books of a Company Cost Sheet for the period ended…….. Units Produced….. Name of the product unit sold…. | |Particulars |Total cost Rs. |Unit Cost Rs.| | |Opening stock raw materials | | | |Add |Purchases of Raw Materials | | | |Add: |Expenses on Purchases of Raw Materials (octroi & duty) | | | |Less: |Closing stock of raw materials | | | |Less: |Sale of scrap or defectives of raw materials | | | |= |Cost of materials consumed | | | |Add: |Productive Labour | | | |Add: |Outstanding wages | | | |Add: |Direct Expenses( architect’s fees) | | | |= ......

Words: 1879 - Pages: 8

Premium Essay

Balance Sheet

...BALANCE SHEET FORMULAS The balance sheet shows the assets, liabilities and equity of a business at a point in time. You can connect an ending balance sheet (e.g., end of year) to a beginning balance sheet (e.g., start of year) through the simple idea that: what you start with, plus what you add to it, minus what you take away from it, is what you end with. Cash = (BS) Previous Cash + (CF) Total Cash In – (CF) Total Cash Out Accounts Receivable = (BS) Previous A/R + (IS) Sales – (CF) Cash Sales – (CF) A/R Receipts Inventory = (BS) Previous Inventory + (Inv) Purchases – (IS) COGS Capital Assets (current value) = (BS) Previous Value – (IS) Depreciation Accts Payable = (BS) Previous A/P + (Inv) Purchases – (CF) Cash Purch – (CF) A/P Payments Accrued Expenses = (BS) Previous A/E + (IS) Total Operating Exp – (CF) Total Operating Exp Accrued Interest = (BS) Previous A/I + (IS) Interest – (CF) Interest Payment Accrued Income Tax = (BS) Previous A/T + (IS) Income Tax – (CF) Income Tax Payment Short-Term Debt = (BS) Previous STD + (CF) ST Loan Receipts – (CF) Repayment of Principal on STD Current Portion of Long-Term Debt = (BS) Previous CP/LTD + (Loan) Portion of LTD Becoming Current this Period – (CF) Repayment of Principal on LTD Long-Term Debt = (BS) Previous LTD + (CF) LT Loan Receipts – (CF) Repayment of Principal on LTD Owners Investment = (BS) Previous Owners Investment + (CF) Owners Investment Retained......

Words: 289 - Pages: 2

Premium Essay

Balance Sheet

...1) Balance sheet is a statement of Assets & Liabilities at a point of time. 2) Assets means sources of Fund and Liabilities means Application of Fund. Assets & Liabilities must be equal as on any date. 3) Kono co chalate gele fund lage.jadi co partnership/proprietorship hae tahale fund ase “oun capital”theke.achara fund ase “loan from relatives/friends/long term loan(mane jekhane repayment habe 12 maser besi),eguloke bale long term souces of Fund. 4) Echara ache short term sources of fund.e.g. a) credit from market(dokane jesab maal er stock thake segulor payment distributorer kache sabsamay kichu baki thake) b)short term borrowing from Bank/any financial institution.(mane je loan gulo 12 maser bhitore sodh diye dite hai ba loantake abar 12 maser janye renew karte hai. 5) Abar application of fund mane co taka hate pabar par kothe kharach karbe? Co establish kara par akta office karte hai/ba sei office furniture banate hai ba office bananor janya land kinte hai. Eguloke bale” long term uses of fund.” 6) Erpar short term uses of fund ,mane co production ba trading business hale sabsamay tar a)stock- thakbe b) debtors mane dharete jader maal sale kara haeche. C)Bank a/c e je fund jama thake. Ba d) tar pockete mane co cash box e je taka jama thake ----- generally aisab heade jesab fund atke thake take bale shot term uses of fund. Balance sheet of ABC CO. AS ON 31.03.2015 ASSETS ...

Words: 357 - Pages: 2

Premium Essay

A Cheat Sheet for Acc Exam

...unnoticed by everyone, including the auditors. Assuming that no other errors were ever made, what would be the effect of this error on the balance sheet and income statement of 2016? A. Understate inventory and Overstate COGS. B. Overstate inventory and Understate COGS. C. Understate inventory and have no effect on COGS. D. None of the above. 13. When applying the Lower-of-Cost-or-Market rule for inventory, companies determine designated market as replacement cost subject to which limits? A. A ceiling of Estimated Sales Price minus Costs of Completion and Disposal. B. A floor of Estimated Sales Price minus a Normal Profit Margin. C. Both A and B. D. None of the above. 14. Which of the following cost is not a product cost? A. Freight-in. B. Insurance. C. Freight-out. D. Handling fees. 16. Mill Company uses Periodic LIFO. On December 23, it orders goods to be shipped FOB shipping point from a vendor. On December 29, the vendor ships the goods. Mill does not receive the goods until January 3 of the next year and disregards accounting for any of that inventory purchase until that date. If Mill’s year end is December 31, what are the consequences on that date of Mill’s actual accounting of the inventory? A. Mill’s records will be correct. B. Inventories and Accounts Payable will be understated on the year-end Balance Sheet. C. Purchases and Ending Inventory will be understated in the calculation of COGS for the Income Statement. D. Both B and C. 17.......

Words: 2179 - Pages: 9

Premium Essay

Mba 641 Msf641 Review Sheet for Exam 1

...The exam is closed book and no notes. This is testing basic managerial accounting knowledge that everyone should know and understand to be able to add value to any type of organization. Make sure you bring a calculator. Please feel free to ask questions about the review sheet if you do not understand what I am asking. You will also have access to the answers to the online quizzes you have taken, so I would review these quizzes. The textbook website has interactive quizzes that you can take at the textbook website and get instant feedback, so that would probably be a good review process. Also, make sure you review the exercises I have set out below by the problem explanations. You have access to the partial chapter solutions in the course resources area after we have covered a chapter, so make sure you are solving the exercises correctly. You can definitely do well on this exam if you study. If you get to a problem on the test and feel confused, try to put something down so you might earn partial credit. If you understand the review sheet, you should do well on the exam. 25 Multiple choice 2 pts. each 1. Understand what Financial and Management accounting are? 2. What are the differences among Manufacturing, merchandising, and service companies? 3. How do you compute COGM, COGS, and operating income and what do these figures represent? 4. What are prime and conversion costs? 5. What is customer-profitability analysis? 6. Understand how changes in......

Words: 699 - Pages: 3

Premium Essay

Balance Sheet

...Total current liabilities | $390,000 | 441,000 |   |   |   | Long-term liabilities |   |   | Long-term debt | 85,000 | 65,000 | Deferred taxes | 19,000 | 17,000 | Total non-current liabilities | $104,000 | 82,000 |   |   |   | Total liabilities | $494,000 | 523,000 |   |   |   | Shareholders’ Equity |   |   | Capital | $100,000 | $100,000 | Additional paid-in capital | 15,000 | 15,000 | Retained earnings | 738,000 | 625,000 | Total equity | $853,000 | 740,000 |   |   |   | Total liabilities and equity | $1,347,000 | $1,263,000 | Definition of a balance sheet: A balance sheet is a financial statement that summarizes a company’s assets, liabilities and shareholders’’ equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders. The balance sheet adheres to the following formula: Assets=Liabilities + Shareholders’ equity...

Words: 254 - Pages: 2

Premium Essay

Balance Sheet

...rP os t 9-101-108 REV: MARCH 5, 2007 DAVID F. HAWKINS The Balance Sheet op yo A balance sheet, otherwise referred to as the Statement of Financial Position, presents information related to a company’s financial condition as of a specific point in time based on generally accepted accounting principles. These data are classified in three categories—assets, liabilities, and owners’ equity. The basic balance sheet is: Assets = Liabilities + Owners’ Equity or Resources = Creditors’ and Owners’ Claims on Resources tC Assets are probable, measurable, future economic benefits (things of value that the company owns or controls) to which the business holds the rights, which have been acquired through a current, or past, transaction. These are the resources of the firm. Liabilities are probable, measurable, future economic sacrifices arising from a company’s obligations to convey assets or perform services to a person or other organization outside of the company at some time in the future. These are the creditors’ claims on the resources of the firm. No Owners’ equity is the residual balance remaining after total liabilities are deducted from total assets. It represents the stockholders’ claims on the resources of the business. Do Assets and liabilities are presented in two categories: current and noncurrent. Current assets are cash and cash equivalents and those assets that are expected to be liquidated (turned into cash)......

Words: 2991 - Pages: 12

Free Essay

Assignment Sheet

...ASSIGNMENT SHEET TUESDAY, JANUARY 17, 2012 CLASS 1– INTRODUCTION AND GOALS FOR THE SEMESTER A. CLASS LECTURE Review of Topics, Assignment Sheets, and Course Outline The Case Method - Rules for Classroom Discussion Instruction for the Formation of Study & Project Groups B. Professor/Student Introductions C. Readings from Course Packet: 1. Fin 394.4 Syllabus - Course Outline and Grading Policy 2. “Course Introduction” 3. Note to the Student: How to Study and Discuss Cases 4. “The Case Method” - Jeff Sandefer 5. “Classroom Discussion” - Jeff Sandefer 6. “Note on Study Groups” - Jeff Sandefer ASSIGNMENT: 1. PURCHASE THE COURSE PACKET 2. BRING YOUR RESUME TO THE NEXT CLASS 3. BROWSE THE CLASS BLACKBOARD SITE: (HTTP://COURSES.UTEXAS.EDU/) AND LOOK AT THE EXTERNAL LINKS AND COURSE DOCUMENTS POSTED. a. Case Exhibits b. Case Solutions c. Valuation Templates d. Valuation External Links e. Project Information ASSIGNMENT SHEET THURSDAY, JANUARY 19, 2012 CLASS 2 – WORK FOR MONEY OR MONEY WORK FOR YOU? A. Turn in Resume B. Form study groups (self-select 4-6 people with different education, concentration, work experience and cultural background). Send e-mail to the professor......

Words: 4007 - Pages: 17

Premium Essay

Balance Sheet

...After reviewing the P&L Sheet, the Balance Sheet and the Cash Flow documents for News Generation for the 2005 year, I noticed some things that may be a red flag for any business to address. These items include some questionable spending amounts in certain areas of the business. There was also the wrong Net Income amount transferred over to the Balance Sheet. On the P&L I noticed several cost to the business that seems to be very expensive. For instance, on the Cost of Goods there is the Teleconferencing charge of $15,322.49, which seems very expensive to me. I would hope that News Generation could search around and find a better deal on teleconferencing which would have a positive effect on the Bottom Line. Another concern would be the charge of $23,321.00 for Health Insurance. Maybe this price could be reduced if there is a different medical benefits plan available for the business. There is also the concern of the $5,711.65 charge for marketing materials when they are already spending a total amount of $20,276.87 in the marketing area of the P&L alone. I would think that, that amount would cover the marketing materials as well. The biggest thing that I saw that seemed to be one of the biggest expenses for the business was the amount of $44,864.46 for office space. I’m curious as to why it’s costing that much for office space. Is it because they have too much space and they could defiantly down size to save money. Or is it because of the location or something of that......

Words: 629 - Pages: 3