ASHRM CPHRM Q&A - in .pdf

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  • Exam Code: CPHRM
  • Exam Name: Certified Professional in Health Care Risk Management (CPHRM)
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NEW QUESTION: 1
CyberAge outlet, a relatively new store, is a cafe that offers customers the opportunity to browse the
Internet or play computer games at their tables while they drink coffee. The customer pays a fee based on
the amount of time spent signed on to the computer. The store also sells books, tee shirts, and computer
accessories. CyberAge has been paying all of its bills on the last day of the payment period, thus forfeiting
all supplier discounts. Shown below are data on CyberAge's two major vendors, including average
monthly purchases and credit terms.

Assuming a 360-day year and that CyberAge continues paying on the last day of the credit period, the
company's weighted annual interest rate for trade credit (ignoring the effects of compounding) for these
two vendors is:
A. 30.2 percent.
B. 27.0 percent.
C. 29.3 percent.
D. 28.0 percent.
Answer: D
Explanation:
Choice "b" is correct. 28% weighted annual interest rate.
This question pertains to a complex computation of effective rates on lost discounts for multiple terms and
multiple balances. The computation of the annual percentage cost of the lost discount is equal to the
effective rate of interest for the period (for example 2/10, net 30 is 2% interest charge/ 98% proceeds)
times the number of times this period occurs in a year (for example 2/10, net 20 is 360 days per year
divided by 20 day period during which the lost discount is used or 18 times).
Extension of this logic to the referenced question involves allocating the computed annual rates to the
relative balances of the outstanding payables as follows:


NEW QUESTION: 2
If you plan to startup a suspect's computer, you must modify the ___________ to ensure that you do not contaminate or alter data on the suspect's hard drive by booting to the hard drive.
A. CMOS
B. Scandisk utility
C. Boot.sys
D. deltree command
E. boot.ini
Answer: E
Explanation:
The OS isn't specified, but if this was a Windows OS, then this would be boot.ini
The answer is CMOS. The startup of a computer is the boot sequence, and the boot sequence is defined in the CMOS. The common occurrence is to boot off a floppy, and you need to see that the floppy (usually the A drive) is first in the sequence. If you don't, and the hard drive is first, then booting the system wil boot the hard drive and alter the evidence.

NEW QUESTION: 3
Select three features that the Shared Service model provides to satisfy business needs.
A. Ability to submit and view data across different ledgers
B. Secures user access to business units data
C. Ability to view consolidated requisitions across business units
D. Supports access of asset Information across multiple asset books
E. Different business units can take orders; however, orders can be managed by a shared service desk having multiple business unit access.
Answer: B,C,E
Explanation:
Note: Business Units and Shared Service model in Fusion Procurement
Business Units (BU) definition: A business unit is a unit of an enterprise that performs one or many business functions that can be rolled up in a management hierarchy. A business unit can process transactions on behalf of many legal entities. Normally, it will have a manager, strategic objectives, a level of autonomy, and responsibility for its profit and loss.
(1)
Prior to Oracle Fusion Applications, operating units in Oracle E-Business Suite were assumed to perform all business functions, while in PeopleSoft, each business unit had one specific business function. Oracle Fusion Applications blends these two models and allows defining business units with one or many business functions. (2)

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