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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. What is the term for the vertical demarcations on the left and right of a FAST diagram?

A) Subject Lines
B) Function Logic Lines
C) When Direction Lines
D) Scope Lines

2. All-the-time functions are:

A) A drain on resources
B) Outside the study scope
C) Continuous
D) Undesirable

3. In which costing technique is the time value of money essential?

A) Simple Payback
B) Life Cycle Cost
C) Return on Investment
D) Break-even point

4. Which function is located to the left of the left vertical line in a FAST diagram?

A) Secondary Function
B) Higher Order Function
C) Basic Function
D) Lower Order Function

5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Evaluation, Development, Implementation, and Presentation
B) Development, Presentation, Evaluation, and Implementation
C) Evaluation, Development, Presentation, and Implementation
D) Development, Evaluation, Presentation, and Implementation

Solutions: