New PMP Question & Answers with explanation

You've been hired as a manager for the adjustments department of a nationwide bank based in your city. The adjustments department is responsible for making corrections to customer accounts. This is a large department, with several smaller sections that deal with specific accounts, such as personal checking or commercial checking. You've received your first set of management reports and can't make heads or tails of the information. Each section appears to use a different methodology to audit their work and record the data for the management report. You request that a project manager from the PMO come down and get started right away on a project to streamline this process and make the data and reports consistent. This project came about as a result of which of the following?
Select one
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. This project was approved by the stakeholders and you have been appointed the project manager. These new products will be offered starting with the spring online release. To determine the characteristics and features of the new product line, you will have to perform which of the following?
Select two
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. Which of the following is true?
Select one
You work for a textile manufacturing firm. Your organization is introducing a new color line for their drapery materials. Changing colors for these materials during the manufacturing process is straightforward. This is considered which of the following?
Select one
Which organization has set the de facto standards for project management principles, processes, and techniques?
Select one