CSI AFP-Exam-1 Q&A - in .pdf

  • AFP-Exam-1 pdf
  • Exam Code: AFP-Exam-1
  • Exam Name: Applied Financial Planning Certification Exam 1 (AFP)
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  • Q & A: 365 Questions and Answers
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  • Exam Code: AFP-Exam-1
  • Exam Name: Applied Financial Planning Certification Exam 1 (AFP)
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NEW QUESTION: 1
How did the Fair and Accurate Credit Transactions Act (FACTA) amend the Fair Credit Reporting Act (FCRA)?
A. It required employers to get an employee's consent in advance of requesting a consumer report for internal investigation purposes Section: (none) Explanation
B. It expanded the definition of "consumer reports" to include communications relating to employee investigations
C. It increased the obligation of organizations to dispose of consumer data in ways that prevent unauthorized access
D. It stipulated the purpose of obtaining a consumer report can only be for a review of the employee's credit worthiness
Answer: C

NEW QUESTION: 2
A hospitalized client has just been informed that he has terminal cancer. He says to the nurse, "There must be some mistake in the diagnosis." The nurse determines that the client is demonstrating which of the following?
A. denial
B. acceptance
C. anger
D. bargaining
Answer: A
Explanation:
Denial (Kuebler-Ross's Stages of Grieving) is the refusal to believe that loss is happening.
Psychosocial Integrity

NEW QUESTION: 3
Petersen Co. has a capital budget of $1,200,000. The company wants to maintain a target capital structure, which is 60 percent debt and 40 percent equity. The company forecasts that its net income this year will be $600,000. If the company follows a residual dividend policy, what will be its payout ratio?
A. 60%
B. 20%
C. 0%
D. 80%
E. 40%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The amount of new investment, which must be financed with equity, is: $1,200,000 x 40% = $480,000.
Since the firm has $600,000 of net income only $120,000 will be left for dividends. This means the payout ratio is $120,000/$600,000 = 20%.

NEW QUESTION: 4
Which statement is true when migrating content from Oracle BI Enterprise Edition 12c to Oracle Analytics Cloud?
A. You can only migrate an Oracle BI Enterprise Edition 12c Data Model to Oracle Analytics Cloud.
Catalog migration is not allowed.
B. You can migrate a snapshot from Oracle BI Enterprise Edition 12c to Oracle Analytics Cloud.
C. Both the Oracle BI Enterprise Edition 12c Data Model and the Catalog must be migrated to Oracle Analytics Cloud. They cannot be migrated independently.
D. At this time there is no option to migrate Oracle BI Enterprise Edition 11g content to Oracle Analytics Cloud.
Answer: B
Explanation:
Explanation/Reference:
Reference: https://docs.oracle.com/en/cloud/paas/analytics-cloud/acabi/migrating-oracle-bi-enterprise- edition-12c.html

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