New PMP Question & Answers with explanation

You are a project manager for the Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000, with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months. Which project should you recommend?
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You are a project manager who has recently held a project team kickoff meeting where all the team members were formally introduced to each other. Some of the team members know each other from other projects and have been working with you for the past three weeks. Which of the following statements is not true?
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These diagrams rank-order factors for corrective action by frequency of occurrence. They are also a type of histogram.
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These types of meetings are associated with the agile project management methodologies. They occur at the beginning of an iteration. Team members choose items from the backlog list to work on during the iteration. What is this meeting called?
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You are the project manager for Xylophone Phonics. This company produces children's software programs that teach basic reading and math skills. You are ready to assign project roles, responsibilities, and reporting relationships. On which project Planning process are you working?
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