AFP CTP Q&A - in .pdf

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  • Exam Code: CTP
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AFP CTP Q&A - Testing Engine

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NEW QUESTION: 1
Based on a comparison of RST's quick ratios in Year 5 and Year 6, what is a likely conclusion?
A. RST has written off obsolete inventory in Year 6.
B. RST has improved its management of long-term investments in Year 6.
C. RST's ability to meet short-term financing needs has declined since Year 5.
D. RST's ability to meet short-term financing needs has improved since Year 5.
Answer: C
Explanation:
RST's quick ratio decreased from 2.5 in Year 5 [(US $4,000 cash + $2,000 financial assets held for trading + $14,000 net AIR] + $8,000] to 2.0 in Year 6 [(US $5,000 + $3,000 + $16,000) $12,000]. RST has fewer assets that are easily convertible to cash available to meet current liabilities. Thus, its ability to meet short-term financing needs has declined. RST Corporation's Income Statement for Year 5 and Year 6



NEW QUESTION: 2
Refer to the exhibit.

In a Cisco Unified CM environment with default QoS configuration in the cluster, IP phone users report voice quality issues when they are downloading large files to their PC. Which two configuration charges solve this problem? (Choose two)
A. The global configuration of threshold 3 of queue 4 must be changed to mls qos srrqueue cos-map queue 4 threshold 3 0 5.
B. The srr-queue bandwidth shape command must be removed from the interface configuration.
C. The priority-queue out command is missing from the interface configuration.
D. The srr-queue bandwidth share command must be changed to increase the weight of queue 1.
E. The srr-queue bandwidth shape command must be changed to increase the weight of queue 1.
Answer: C,E

NEW QUESTION: 3
Which are the four types of requirements for aligning outcomes to business needs?
A. Business, Technical, Functional, Transitional
B. Strategic, Tactical, Operational, Procedural
C. Functional, Operational, Administrative, Strategic
D. Business, Functional, Strategic,Tactical
Answer: A

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