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NEW QUESTION: 1
A customer recently configured its Cisco UCS, and within the Chassis Discovery policy, they set the link group preference to Port Channel.
Which two benefits would they derive from this link group preference? (Choose two.)
A. All the links between the Cisco Fabric Interconnects and chassis IOM are shared.
B. Traffic is load balanced across the links.
C. All the links between the Cisco Fabric Interconnects and chassis IOM are pinned.
D. Each blade has an assigned Cisco Fabric Interconnects link.
Answer: A,B
NEW QUESTION: 2
A process called preauthentication is specified by the 802.11 standard. Preauthentication is implemented by many vendors, and involves a client station performing what tasks?
A. Reauthenticating with an Extended Service Set in approximately half of the time required by the association.
B. Authenticating with an Independent Basic Service Set and an Extended Service Set simultaneously.
C. Associating to multiple Basic Service Sets simultaneously.
D. Reassociating to the Extended Service Set through another access point just before it drops its connection with the existing access point.
E. Authenticating to additional Basic Service Sets while maintaining an association to only one access point at a time.
Answer: E
NEW QUESTION: 3
William Jones, CFA, is analyzing the financial performance of two U.S. competitors in connection with a potential investment recommendation of their common stocks. He is particularly concerned about the quality of each company's financial results in 2007-2008 and in developing projections for 2009 and 2010 fiscal years.
Adams Company has been the largest company in the industry but Jefferson Inc. has grown more rapidly in recent years. Adams's net sales in 2004 were 33-1/3% higher than Jefferson but were only 18% above Jefferson in 2008. During 2008, a slowing U.S. economy led to lower domestic revenue growth for both companies. The 10-k reports showed overall sales growth of 6% for Adams in 2008 compared to 7% for
2007 and 9% in 2006. Jefferson's gross sales rose almost 12% in 2008 versus 8% in 2007 and 10% in
2006. In the past three years, Jefferson has expanded its foreign business at a faster pace than Adams. In
2008, Jefferson's growth in overseas business was particularly impressive. According to the company's 10- k report, Jefferson offered a sales incentive to overseas customers. For those customers accepting the special sales discount, Jefferson shipped products to specific warehouses in foreign ports rather than directly to those customers' facilities.
In his initial review of Adams's and Jefferson's financial statements, Jones was concerned about the quality of the growth in Jefferson's sales, considerably higher accounts receivables, and the impact of overall accruals on earnings quality. He noted that Jefferson had instituted an accounting change in 2008. The economic life for new plant and equipment investments was determined to be five years longer than for previous investments. For Adams, he noted that the higher level of inventories at the end of 2008 might be cause for concern in light of a further slowdown expected in the U.S. economy in 2009.
The accompanying table shows financial data for both companies' Form 10-k reports for 2006-2008 used by Jones for his analysis. To evaluate sales quality, he focused on trends in sales and related expenses for both companies as well as cash collections and receivables comparisons. Inventory trends relative to sales and the number of days' sales outstanding in inventory were determined for both companies. Expense trends were examined for Adams and Jefferson relative to sales growth and accrual ratios on a balance sheet and cash flow basis were developed as overall measures of earnings quality.
The quality of earnings as measured by cash flow based accruals ratios showed:
A. Jefferson's 2008 accrual ratio exceeded Adams's ratio for the first time in the 2006-2008 period, thus demonstrating significant improvement in earnings quality relative to Adams.
B. Jefferson's 2008 accrual ratio exceeded Adams's ratio for the first time in the 2006-2008 period indicating a decline in earnings quality compared to previous years and lower earnings quality relative to Adams in 2008.
C. Jefferson's higher accruals ratio in 2008 compared to 2007 and relative to Adams in 2008 indicates Jefferson's higher earnings quality.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The lower the ratio the higher will be the earnings quality. Jefferson's ratio rose sharply in 2008 and exceeded Adams ratio for the first time in the three years. Thus, Jefferson's earnings quality h lower.
(Study Session 7, LOS 25.d,f)
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