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NEW QUESTION: 1
Gary Smith, CFA, has been hired lo analyze a specialty tool and machinery manufacturer, Whitmore Corporation (WMC). WMC is a leading producer of specialty machinery in the United States. At the end of
2006, WMC purchased York Tool Company (YTC), an Australian firm in a similar line of business. YTC has partially integrated its marketing functions within WMC but still maintains control of its operations and secures its own financing. Following is a summary of the income statement and balance sheet for YTC (in millions of Australian dollars - AUD) for the past three years as well as exchange rate data over the same period.
Smith has discovered that WMC has a small subsidiary in Ukraine. The Subsidiary follows IAS accounting rules and uses FIFO inventory accounting. The Ukrainian subsidiary was acquired ten years ago and has been fully integrated into WMC's operations. WMC obtains funding for the subsidiary whenever the company finds profitable investments within Ukraine or surrounding countries. According to forecasts from economists, the Ukrainian currency is expected to depreciate relative to the U.S. dollar over the next few years. Local currency prices are forecasted to remain stable, however.
One of the managers at WMC asks Smith to analyze a third subsidiary located in India. The manager has explained that real interest rates in India over the last three years have been 2.00%, 2.50%, and 3.00%, respectively, while nominal interest rates have been 34.64%, 29.15%, and 25.66%, respectively. Smith requests more time to analyze the Indian subsidiary.
Which of the following statements regarding the consolidation of WMC's Ukrainian subsidiary for the next year is least likely correct? As compared to the temporal method, the Ukrainian subsidiary's translated:
A. net income before translation gains or losses would be higher using the all-current method.
B. gross profit margin would be lower using the all-current method.
C. debt to equity ratio would be higher using the all-current method.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Under both the all-current and temporal methods, the revenues for the Ukrainian subsidiary would be translated using the average rate. Cost of goods sold (COGS) would be translated using the historical rate for the temporal method and the average rate for the all-current method. Note that because local currency prices are expected to be constant in the Ukraine, there will be no difference between LIFO and FIFO since all beginning, purchased, sold, and ending inventory will have the same cost. When a currency is depreciating, the COGS based on historical cost (temporal method) will be higher than COGS translated at the average rate (all-current method) since the average rate will incorporate the historical exchange rate and the most recent (depreciated) exchange rate, decreasing the COGS. For instance, if COGS in the local currency is 10 and the historical and average exchange rates are 1 and 1.5 (local currency per reporting currency), then COGS under the temporal method will be 10 and under the all-current method will be 6.67. Since translated sales are the same under both methods, gross profit and the gross profit margin will be higher under the all-current method. (Study Session 6, LOS 23.e)
NEW QUESTION: 2
You develop a SQL Server Integration Services (SSIS) package that imports Windows Azure SQL Database data into a
data warehouse every night.
The Windows Azure SQL Database data contains many misspellings and variations of abbreviations. To import the
data, a developer used the Fuzzy Lookup transformation to choose the closest-matching string from a reference table
of allowed values. The number of rows in the reference table is very large.
If no acceptable match is found, the Fuzzy Lookup transformation passes a null value.
The current setting for the Fuzzy Lookup similarity threshold is 0.50.
Many values are incorrectly matched.
You need to ensure that more accurate matches are made by the Fuzzy Lookup transformation without degrading
performance.
What should you do?
A. Change the similarity threshold to 0.40.
B. Change the similarity threshold to 0.85.
C. Increase the maximum number of matches per lookup.
D. Decrease the maximum number of matches per lookup.
Answer: B
Explanation:
* Similarity threshold
Set the similarity threshold at the component level by using the slider. The closer the value is to 1, the closer the
resemblance of the lookup value to the source value must be to qualify as a match. Increasing the threshold can
improve the speed of matching since fewer candidate records need to be considered.
NEW QUESTION: 3
VMインスタンスがCloudStorageバケットから読み取ろうとしています。 VMサービスアカウントに割り当てられたIAMロールにより、VMインスタンスはバケットから読み取ることができます。ただし、VMに割り当てられたスコープは、読み取りバケットを拒否します。 VMがバケットから読み取ろうとするとどうなりますか?
A. 最も寛容な許可が許可されているため、読み取りは成功します
B. 読み取り操作は実行されますが、メッセージがStackdriverLoggingに送信されます
C. 読み取りを実行するアプリケーションは、読み取り操作をドロップします
D. IAMロールとスコープの両方が実行される操作を決定するため、読み取りは実行されません
Answer: D
NEW QUESTION: 4
You are using IBGP with route reflection in your Clos IP fabric.
Which feature must you enable to allow the route reflector to advertise multiple versions of a route instead of only the best version?
A. AS override
B. multipath
C. BGP ADD-PATH
D. multihop
Answer: B
Explanation:
Explanation/Reference:
Explanation:
BGP typically selects only one best path for each prefix and installs that route in the routing table. When BGP multipath is enabled, the device selects multiple equal-cost EBGP paths as the best paths to reach a given destination, and all these paths are installed in the routing table. BGP advertises only the active path to its neighbors. However, you can configure BGP to advertise multiple paths to the same destination for redundancy and load balancing.
Reference: http://www.juniper.net/documentation/en_US/junos14.1/topics/topic-map/bgp-multipath.html