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NEW QUESTION: 1
Click the exhibit button.
If router R2 redistributes the IS-IS route to 192.168.3.0/24 into OSPF, router R3 will receive two routes to 192.168.3.0/24. What will be the preference of these two routes? Assume that all IS-IS routers are L1/L2 capable and are in the same are a. Choose two answers.
A. The IS-IS Level 1 external preference
B. The IS-IS Level 2 internal preference
C. The OSPF internal preference
D. The OSPF external preference
E. The IS-IS Level 1 internal preference
F. The IS-IS Level 2 external preference
Answer: D,E
NEW QUESTION: 2
A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?
A. after 60 days
B. after 100 days
C. only after manual intervention
D. immediately
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Two time-based contingencies on the same invoice line
You enter or import an invoice for a creditworthy customer, and one of the invoice lines is associated with both a nonstandard refund policy (50 days) and an acceptance clause (120 days).
Receivables does not recognize revenue on this invoice line until the acceptance clause expires after 120 days. If, for example, you obtain written acceptance from the customer after 80 days, you can record early acceptance to allow revenue recognition.
References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAOFC/F1113011AN1CFB0.htm
NEW QUESTION: 3
What are the main value drivers of SAP S/4HANA Cloud? Note: There are 3 correct answers to this question.
A. Simplification of consumption
B. High degree of customization
C. Fast time to value
D. Rapid innovation cycles
E. Open to any database
Answer: A,C,D
NEW QUESTION: 4
Sara Robinson and Marvin Gardner are considering an opportunity to start their own money management firm. Their conversation leads them to a discussion on establishing a portfolio management process and investment policy statements. Robinson makes the following statements:
Statement 1;
Our only real objective as portfolio managers is to maximize the returns to our clients.
Statement 2:
If we are managing only a fraction of a client's total wealth, it is the client's responsibility, not ours, to determine how their investments are allocated among asset classes.
Statement 3: When developing a client's strategic asset allocation, portfolio managers have to consider capital market expectations. In response, Gardner makes the following statements:
Statement 4: While return maximization is important for a given level of risk, we also need to consider the client's tolerance for risk.
Statement 5: We'll let our clients worry about the tax implications of their investments; our time is better spent on finding undervalued assets.
Statement 6: Since we expect our investor's objectives to be constantly changing, we will need to evaluate their investment policy statements on an annual basis at a minimum.
Robinson wants to focus on younger clientele with the expectation that the new firm will be able to retain the clients for a long time and create long-term profitable relationships. While Gardner felt it was important to develop long-term relationships, he wants to go after older, high-net-worth clients.
Robinson is uncomfortable with Gardner's position on taxes but she can't specifically identify the source of the discomfort. Which of the following statements least accurately reflects proper consideration of tax effects on the investment process?
A. Investors should rely on accountants or other advisors for tax advice; portfolio managers should focus on finding undervalued investments and not be distracted by tax considerations.
B. Pensions and endowment funds are typically tax-exempt investors and therefore are less concerned with tax considerations.
C. Because investors are ultimately concerned with after-tax returns, it is important that investors consider their own marginal tax rates and the security's tax status when making any investment decision.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Responses A and B are appropriate considerations related to tax considerations. Although investors should rely on accountants and other advisors for tax advice, portfolio managers also need to pay attention to the tax consequences of their investment recommendations and relay those consequences to the investor so proper tax planning can occur. (Study Session 18, LOS 68.c)