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NEW QUESTION: 1
What does the document splitting do?
Please choose the correct answer.
Response:
A. It enriches all profit and loss account lines with the defined splitting characteristics.
B. It enriches all revenue account lines with the defined splitting characteristics.
C. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
D. It enriches all secondary cost element account lines with the defined splitting characteristics.
Answer: C
NEW QUESTION: 2
Which standard REST API method allows you to create a managed object?
A. POST
B. SET
C. GET
D. PATCH
Answer: A
NEW QUESTION: 3
Tom Vadney, CFA, is president and CEO of Vadney Research and Advisors (VRA), a large equity research firm that specializes in providing international investment and advisory services to global portfolio managers. He has a staff of five junior analysts and three senior analysts covering industries and firms across the Americas, Europe, and Asia-Pacific regions.
In a recent meeting with an institutional portfolio manager, Vadney is asked to review the differences between U.S. GAAP and International Financial Reporting Standards (IFRS) as well as provide a comprehensive industry analysis for the telecommunications sector in Europe and the Asia-Pacific region.
Vadney asks Maria Mnoyan, a senior analyst covering the sector, to research the requested information for the client meeting.
Prior to the meeting, Vadney and Mnoyan meet to prepare for the client presentation. They first discuss differences between U.S. GAAP and IFRS. Mnoyan states that although there will be increasing convergence between the two accounting standards, one major difference currently is that IFRS permits either the "partial goodwill" or "full goodwill" method to value the goodwill and the noncontrolling interest under the acquisition method. U.S. GAAP requires the full goodwill method. Vadney adds that U.S. GAAP requires equity method accounting for joint ventures, while under IFRS, proportionate consolidation is preferred, but the equity method is permitted.
Vadney then asks Mnoyan to share her findings on the telecommunications sector. Mnoyan first presents an overview of the competitive forces that characterize the sector in the two regions. In particular, she notes that the sector in both regions is characterized by high switching costs. Vadney asks how high switching costs would affect the bargaining power of buyers and suppliers.
Mnoyan firmly believes that investing in companies located in developing countries provides strong growth potential through technological change and increases in capital, labor, and savings that contribute to higher dividend levels, even if the dividend growth rate is unaffected.
In her research report Mnoyan identifies several countries and industries with attractive investment potential. She notices that the telecommunications sector in one of the countries is characterized by a duopoly. The $50 billion telecom industry in another country in her analysis is dominated by h\e firms with market shares of $10 billion each.
Finally, Vadney and Mnoyan discuss investment opportunities in specific firms. Mnoyan values firms using both the discounted cash flow model and the franchise value method. She makes the following statements on the franchise value method:
Statement 1: A higher asset turnover ratio increases the franchise P/E ratio, one of the components of the intrinsic P/E value.
Statement 2: When firms pay out profits as dividends at a higher rate, a firm's intrinsic P/E value decreases.
Mnoyan's best response to Vadney on how high switching costs affect the bargaining power of buyers and suppliers, respectively, should be:
A. the bargaining power of buyers and supplies will decrease.
B. only the bargaining power of supplies will decrease.
C. only the bargaining power of buyers will decrease.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Switching costs are costs incurred by the buyer in switching from one supplier to another. High switching costs act as a disincentive for buyers to switch products and decrease the bargaining power of buyers.
From the supplier's perspective, the higher the switching costs, the greater the bargaining power of suppliers. (Study Session 11, LOS 36.c,d and LOS 37.a,b)
NEW QUESTION: 4
A. Option E
B. Option D
C. Option B
D. Option C
E. Option A
Answer: C
Explanation:
VTP version 3 supports these features that are not supported in version 1 or version 2:
Enhanced authentication-You can configure the authentication as hidden or secret. When hidden, the secret key from the password string is saved in the VLAN database file, but it does not appear in plain text in the configuration. Instead, the key associated with the password is saved in hexadecimal format in the running configuration. You must reenter the password if you enter a takeover command in the domain. When you enter the secret keyword, you can directly configure the password secret key.
Support for extended range VLAN (VLANs 1006 to 4094) database propagation. VTP versions 1 and 2 propagate only VLANs 1 to 1005. If extended VLANs are configured, you cannot convert from VTP version 3 to version 1 or 2.
Reference:http://www.cisco.com/en/US/docs/switches/lan/catalyst3560/software/release/12 .2_52_se/configuration/guide/swvtp.html#wp1316856
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