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NEW QUESTION: 1
Which of the following constitutes a non-punitive order?
A. summary license suspension
B. registration denial
C. All of the above are punitive orders.
D. registration cancellation
Answer: D
Explanation:
Registration cancellation is a non-punitive order. The Administrator issues a cancellation
order if a registered person dies, becomes mentally incompetent, is no longer in business, or is unable to
be located.
NEW QUESTION: 2
A user reports being unable to access a file on a network share. The security administrator determines that the file is marked as confidential and that the user does not have the appropriate access level for that file. Which of the following is being implemented?
A. Discretionary access control
B. Mandatory access control
C. Rule based access control
D. Role based access control
Answer: B
Explanation:
Mandatory Access Control (MAC) allows access to be granted or restricted based on the rules of classification. MAC in corporate business environments involve the following four sensitivity levels Public Sensitive Private Confidential
MAC assigns subjects a clearance level and assigns objects a sensitivity label. The name of the clearance level must be the same as the name of the sensitivity label assigned to objects or resources. In this case the file is marked confidential, and the user does not have that clearance level and cannot access the file.
NEW QUESTION: 3
Sampson Aerospace is a publicly-traded U.S. manufacturer. Sampson supplies communication and navigation control systems to manufacturers of airplanes for commercial and government use. The company operates two divisions: Commercial Operations and Government Operations. Revenues from the Government Operations division comprise 80% of Sampson's total company revenues. Revenues for other companies in the industry are also driven primarily by sales to the U.S. government.
Sampson has gained a reputation for offering unique products and services. Sampson's market share has been increasing, and its net profit margin is among the highest in its industry.
As part of its business strategy, Sampson seeks out opportunities to enhance internal growth by acquiring smaller companies that possess new technologies that would allow Sampson to offer unique products and services. To this end, Sampson CEO, Drew Smith, recently asked his acquisitions team to consider the purchase of a controlling interest in either NavTech or Aerospace Communications, both software applications firms. Smith provides his acquisitions team with an aerospace analyst's industry report that addresses many key issues within the industry. Selected passages from the report are reproduced below:
Sales in the aerospace electronics industry depend primarily on government military spending, which, in turn, depends on defense budgets. Sales depend on commercial travel to a much lesser extent. The government defense spending budget outlook is fairly bleak as the current administration is looking for ways to reduce the budget deficit. We feel the commercial airline segment has more upside than downside, especially as the global economy improves, so we might see a gradual shift in industry focus toward the commercial airline sector. Companies that already have a foothold in the commercial sector are well-positioned to grow during the global recovery. Even so, companies in this industry will remain highly sensitive to government spending for their revenues. Research and development costs are high and the industry is highly capital intense. While there are only a few companies in this industry, good opportunities exist, especially for companies that have developed sustainable profits through wise acquisitions, cost containment, and the ability to secure long-term government contracts.
Sampson Aerospace recently announced that it is reducing its investment return assumption on its pension assets from 6% to 5%, and that it has entered negotiations to possibly acquire controlling equity interests in communications software firms, NavTech and Aerospace Communications. NavTech recently has decided to capitalize a significant portion of its research and development expense, and Aerospace Communications has restructured and reclassified many of its leases from operating to financial leases.
Sampson CEO Drew Smith recently announced that Sampson had dropped out of negotiations with Knowledge Technologies, claiming it was likely not a sustainable business model.
Consensus forecasts for NavTech and Aerospace Communications are presented in Exhibit 1.
Regarding the financial statement information provided in the analyst's report, the quality of financial statements has improved least for:
A. NavTcch.
B. Sampson.
C. Aerospace Communications.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NavTech recently has decided to capitalize much of its research and development expense, thereby deferring much of its R&D expense (rather than immediately recognizing R&D as expense on the income statement). This is an example of aggressive accounting, especially if revenues cannot be matched directly with R&D expense. By reducing the investment return assumption on its pension investments, Sampson is moving to a more conservative approach. By capitalizing its leases (treating as finance leases rather than operating leases), Aerospace Communications more clearly reports its liabilities and assets. (Study Session 10, LOS 33-d)
NEW QUESTION: 4
After making an IP address change on the VCS system, an admin is finding that the system is not behaving correctly after the change. Which type of VCS log provides more information on this issue?
A. event log
B. configuration log
C. network log
D. syslog
Answer: B
Explanation:
Explanation
https://www.cisco.com/c/dam/en/us/td/docs/telepresence/infrastructure/vcs/troubleshooting/ Cisco-VCS-Troubleshooting-Procedures-X8-2.p
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