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NEW QUESTION: 1
You need to create a custom calculated numeric field that has five digits after the decimal point.
Which field type should you use?
A. Currency
B. Decimal number
C. Whole number
D. Floating point number
Answer: B
Explanation:
Ref:https://technet.microsoft.com/en-us/library/dn832103.aspx https://technet.microsoft.com/enus/library/dn531187.aspx#BKMK_UsingTheRightTypeOfNumber
NEW QUESTION: 2
The ruleset list for an application consists of the following rulesets, ordered from highest to lowest:
* SelfService:01-01
* TGB-HR:01-01
* TGB:01-01
A rule with an Apply to: class of TGB-HR-SelfService-Work-TimeOff references a rule named ConfirmationRequest. The four instances of ConfirmationRequest in the rules cache are shown in the following table.
Which is chosen during rule resolution?
A. TGB-HR-SelfService-Work .ConfirmationRequest (SelfService:01-01-01)
B. TGB-HR-SelfService-Work-TimeOff .ConfirmationRequest (SelfService:01-01-02)
C. TGB-HR-SelfService-Work-TimeOff .ConfirmationRequest (SelfService:01-01-01)
D. TGB .ConfirmationRequest (TGB:01-01-02)
Answer: D
NEW QUESTION: 3
Which three are logistical issues that need to be taken into consideration prior to performing a site survey?
(Choose three.)
A. How much time will be required to survey each potential AP location?
B. What level of client density and throughput is expected for each WLAN cell?
C. Will any facility orientation be required prior to performing the site survey?
D. Will contractor badges and employee or union escorts be required while performing the site survey?
E. Is access available to customer employees so initial interviews can be performed?
F. Will security clearances be required to perform the site survey?
Answer: C,D,F
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 4
An auditor's inquiries of management disclosed that the entity recently invested in a series of energy
derivatives to hedge against the risks associated with fluctuating oil prices. Under these circumstances,
the auditor should:
A. Perform analytical procedures to determine if the derivatives are properly valued.
B. Examine the contracts for possible risk exposure and the need to recognize losses.
C. Document the derivatives in the auditor's communication with those charged with governance.
D. Confirm the marketability of the derivatives with a commodity specialist.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Generally accepted accounting principles specify that, in order to qualify for hedge
treatment, the entity must demonstrate and disclose a number of transaction features including risk
exposure. The auditor would therefore need to examine the contracts to evaluate the character of the
hedge and the degree to which losses should be recognized in the determination of income, as well as the
character of any disclosures.
Choice "A" is incorrect. Generally accepted accounting principles require this derivative to be valued at fair
value. While the auditor does need to test management's assertions about fair value, analytical procedures
are not the most likely way to do this. More likely, the auditor would obtain quoted market prices from
financial publications, the exchanges, the National Association of Securities Dealers Automated
Quotations System (NASDAQ), or pricing services. If quoted market prices were not available, estimates
based on valuation models would be used.
Choice "C" is incorrect. The auditor would not generally confirm marketability with a commodity specialist,
but rather would test the valuation of such securities by reference to quoted market prices, by using pricing
services, or based on a valuation model.
Choice "D" is incorrect. There is no requirement that investments in derivatives be communicated to those
charged with governance.
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