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NEW QUESTION: 1
You are configuring Personal Station Access (PSA) and you configure the Communication Manager with the following settings:
-
Set TTI enabled = 'Y'
-
Set PSA Associated code = '25' and disassociate code '#25'
-
Set security code for the station = '1234'
You activate the station by keying in FAC for PSA, station extension number, '#', the security code of the station, and '#'. However, the station is not activated.
Which statement describes the issue to be addressed?
A. You did not enable PSA on the COS of the station.
B. You need to set TTI = 'n'
C. You did not key in the correct activation sequence
D. You should not set the security code in sequential order.
Answer: A
NEW QUESTION: 2
Approvals within the Vulnerability Application are created based on:
A. The sn_vul_change_approval table
B. Ths sys_approval table
C. The sys_approval and the and the sn_vul_vulnerable_item tables
D. The sn_vul_vulnerable_item and sn_vul_vulnerability tables
Answer: B
NEW QUESTION: 3
Galena Petrovich, CFA, is an analyst in the New York office of TRS Investment Management, Inc.
Petrovich is an expert in the industrial electrical equipment sector and is analyzing Fisher Global. Fisher is a global market leader in designing, manufacturing, marketing, and servicing electrical systems and components, including fluid power systems and automotive engine air management systems.
Fisher has generated double-digit growth over the past ten years, primarily as the result of acquisitions, and has reported positive net income in each year. Fisher reports its financial results using International Financial Reporting Standards (IFRS).
Petrovich is particularly interested in a transaction that occurred seven years ago, before the change in accounting standards, in which Fisher used the pooling method to account for a large acquisition of Dartmouth Industries, an industry competitor. She would like to determine the effect of using the purchase method instead of the pooling method on the financial statements of Fisher. Fisher exchanged common stock for all of the outstanding shares of Dartmouth.
Fisher also has a 50% ownership interest in a joint venture with its major distributor, a U.S. company called Hydro Distribution. She determines that Fisher has reported its ownership interest under the proportioned consolidation method, and that the joint venture has been profitable since it was established three years ago. She decides to adjust the financial statements to show how the financial statements would be affected if Fisher had reported its ownership under the equity method. Fisher is also considering acquiring 80% to
100% of Brown and Sons Company. Petrovich must consider the effect of such an acquisition on Fisher's financial statements.
Petrovich determines from the financial statement footnotes that Fisher reported an unrealized gain in its most recent income statement related to debt securities that are designated at fair value. Competitor firms following U.S. GAAP classify similar debt securities as available-for-sale.
Finally, Petrovich finds a reference in Fisher's footnotes regarding a special purpose entity (SPE). Fisher has reported its investment in the SPE using the equity method, but Petrovich believes that the consolidation method more accurately reflects Fisher's true financial position, so she makes the appropriate adjustments to the financial statements.
What are the likely effects on return on assets (ROA) and net profit margin (ignoring any tax effects) of correctly adjusting for Fisher Global's investment in the SPE using the acquisition method?
ROANet profit margin
A. Decrease Decrease
B. Decrease No change
C. No change Decrease
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The acquisition method results in higher assets and higher sales, but the same net income. Therefore, both ROA (net income divided by assets) and net profit margin (net income divided by sales) will decrease.
(Study Session 5. LOS 21.c)
NEW QUESTION: 4
Mountkirk Games has deployed their new backend on Google Cloud Platform (GCP). You want to create a
through testing process for new versions of the backend before they are released to the public. You want
the testing environment to scale in an economical way. How should you design the process?
A. Create a scalable environment in GCP for simulating production load
B. Build stress tests into each component of your application using resources internal to GCP to simulate
load
C. Create a set of static environments in GCP to test different levels of load - for example, high, medium,
and low
D. Use the existing infrastructure to test the GCP-based backend at scale
Answer: A
Explanation:
Explanation/Reference:
Explanation:
From scenario: Requirements for Game Backend Platform
1. Dynamically scale up or down based on game activity
2. Connect to a managed NoSQL database service
3. Run customize Linux distro
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