ASHRM CPHRM Q&A - in .pdf

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NEW QUESTION: 1

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

NEW QUESTION: 2

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

NEW QUESTION: 3
Which three protocols are required when considering firewall rules for email services using a Cisco Email Security Appliance? (Choose three.)
A. SNMP
B. TFTP
C. SMTP
D. FTP
E. HTTP
F. DNS
Answer: C,E,F

NEW QUESTION: 4
Assume that the enterprise reports cost of goods sold of US $200,000 and interest expense of US $10,000 for the current period. Also assume a 50% tax rate on corporate earnings. The final closing entry required to ensure that current earnings are incorporated into year-end retained earnings is:
A. Retained earnings US $240,000 Income summary US $240.000
B. Income summary US $240,000 Retained earnings US $240.000
C. Income summary US $140,000 Retained earnings US $140.000
D. Retained earnings US $280,000 Income summary US $280.000
Answer: C
Explanation:
Current period pretax net income equals US $280,000$750,000 sales - $200,000 CGS $60,000 depreciation - $10,000 interest - $200,000 administrative expenses. Thus, after tax net income credited to retained earnings equals US $140.000 [(10 - .5) x $280,000.

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