CIPS L4M2 Q&A - in .pdf

  • L4M2 pdf
  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Your network contains a Windows Server 2003 server cluster named Cluster1. Cluster1 hosts a print server instance named Print1.
You deploy a Windows Server 2008 R2 failover cluster named Cluster2. You configure Cluster2 to use the physical disk resource used by Print1. From Cluster2, you run the Migrate a Cluster Wizard to migrate Print1 to Cluster2.
You need to ensure that Print1 runs on Cluster2.
What should you do first?
A. On Cluster1, modify the failover settings of Print1.
B. On Cluster2, modify the failover settings of Print1.
C. On Cluster2, modify the preferred owner settings of Print1.
D. On Cluster1, take Print1 offline.
Answer: D

NEW QUESTION: 2
Greg is creating rules and objects to control VoIP traffic in his organization, through a VPN-
1 NGX Security Gateway. Greg creates VoIP Domain SIP objects to represent each of his organization's three SIP gateways. Greg then creates a simple group to contain the VoIP Domain SIP objects. When Greg attempts to add the VoIP Domain SIP objects to the group, they are not listed. What is the problem?
A. VoIP Domain SIP objects cannot be placed in simple groups.
B. The related end points domain specifies an address range.
C. The installed VoIP gateways specify host objects.
D. The VoIP gateway object must be added to the group, before the VoIP Domain SIP object is eligible to be added to the group.
E. The VoIP Domain SIP object's name contains restricted characters.
Answer: A

NEW QUESTION: 3
An entity is subject to warranty claims. A reliable estimate is that between US $1 million and US $3 million will probably be paid out. No estimate of loss within this range is more likely than any other. The entity should:
A. Recognize a provision of US $1 million to US $3 million depending on the applicable national accounting standards.
B. Disclose only a possible loss.
C. Make no journal entry at this time.
D. Defer a provision of US $1 million to US $3 million depending on the applicable national accounting standards.
Answer: A
Explanation:
A provision is a liability of uncertain timing or amount. Recognition of provisions is appropriate when the entity has a legal or constructive present obligation results from a past event called an obligating event), it is probable that an outflow of economic benefits will be necessary to settle the obligation, and its amount can be reliably estimated. Thus, a provision should be recognized. Moreover, the amount recognized should be the best estimate of the expenditure required to settle the obligation. However, the amount within the reliable estimate of the range of the obligation that will be recognized will vary from country to country.

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