WGU Data-Driven-Decision-Making Q&A - in .pdf

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  • Exam Name: VPC2Data-Driven Decision MakingC207
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NEW QUESTION: 1
Which three statements are correct about SAN Copy? (Choose three.)
A. SAN Copy is a storage array-based Data Mover application.
B. SAN Copy transfers data over a Fibre Channel SAN, as opposed to an IP LAN.
C. SAN Copy can be installed on any model CX array.
D. SAN Copy sessions can be managed either by Navisphere Manager or by CLI.
Answer: A,B,D

NEW QUESTION: 2
According to the FASB conceptual framework, the objectives of financial reporting for business
enterprises are based on:
A. Generally accepted accounting principles.
B. Reporting on management's stewardship.
C. The need for conservatism.
D. The needs of the users of the information.
Answer: D
Explanation:
Choice "d" is correct. The FASB conceptual framework states that the objectives of financial reporting
stem from the informational needs of the external users of the information. SFAC 1 para.
Choice "a" is incorrect. Conservatism is an underlying concept for financial accounting but is not the basis
for the objectives. SFAC 2 para. 91-97 Choice "b" is incorrect. Information concerning management's
stewardship is only one aspect of the information financial statements are intended to provide. SFAC 1
para. 50 Choice "c" is incorrect. Generally accepted accounting principles (GAAP) are derived from and
based on the objectives of financial reporting, not the other way around.

NEW QUESTION: 3
Deduction under section 80QQB is allowed in respect of royalty income to:
A. an individual who is resident in India and who is an author of a book
B. an individual who is an author of a book
C. None of These
D. an individual who is resident in India who is either an author of a book or a joint author of the book
Answer: D

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