IIBA ECBA Q&A - in .pdf

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  • Exam Code: ECBA
  • Exam Name: Entry Certificate in Business Analysis (ECBA)
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NEW QUESTION: 1
Sales force Territory Management...
A. Is based on the characteristics of opportunity records.
B. Can only be enabled if Customizable Forecasting is disabled.
C. Works in parallel with other sharing functionality.
D. Does not work when the Organization Wide Default for Accounts is set to Private.
Answer: C

NEW QUESTION: 2
During the maintenance window an administrator accidentally deleted the Telnet-related configuration that permits a Telnet connection from the inside network (Eth0/0) to the outside of the networking between Friday - Sunday night hours only. Which configuration resolves the issue?
A)

B)

C)

D)

A. Option A
B. Option B
C. Option D
D. Option C
Answer: B

NEW QUESTION: 3
Which of the following statements is (are) true with respect to the impact the choice between expensing and capitalizing will have on certain financial ratios?
I). Profit margins will be higher throughout the period for firms that capitalize certain expenditures as opposed to expensing them.
II). Reported income tends to be more stabilized throughout the period if the capitalization method is used.
III). Asset turnover ratios will be lower for firms that capitalize certain expenditures as opposed to expensing them.
IV). Debt-to-equity ratios will be lower for companies that expense costs as opposed to capitalizing them.
A. II and III.
B. III and IV.
C. I and II.
Answer: A
Explanation:
I is incorrect. It is true that in the early years, profits will be higher when certain expenses are capitalized. However, in the following years, a capitalized method would still report an annual expense; but had the items been fully expensed in the initial year, there would not have been any more recorded expenses.
IV is incorrect because firms that expense costs rather than capitalizing them, will report lower asset, and therefore, lower equity values. Consequently, the debt-to-equity ratio will be higher for a company that expenses the costs in question.

NEW QUESTION: 4
Why is it important to ask your customers about their future plans?
A. to help them understand what is likely to happen and which solution is needed now and in the future
B. to break the ice during the conversation
C. to uncover future projects to be involved in and then capitalize on making as much money from the customer as you can
D. to see if they have plans to move offices or open new ones
Answer: C

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