Salesforce Process-Automation Q&A - in .pdf

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NEW QUESTION: 1
Galena Petrovich, CFA, is an analyst in the New York office of TRS Investment Management, Inc.
Petrovich is an expert in the industrial electrical equipment sector and is analyzing Fisher Global. Fisher is a global market leader in designing, manufacturing, marketing, and servicing electrical systems and components, including fluid power systems and automotive engine air management systems.
Fisher has generated double-digit growth over the past ten years, primarily as the result of acquisitions, and has reported positive net income in each year. Fisher reports its financial results using International Financial Reporting Standards (IFRS).
Petrovich is particularly interested in a transaction that occurred seven years ago, before the change in accounting standards, in which Fisher used the pooling method to account for a large acquisition of Dartmouth Industries, an industry competitor. She would like to determine the effect of using the purchase method instead of the pooling method on the financial statements of Fisher. Fisher exchanged common stock for all of the outstanding shares of Dartmouth.
Fisher also has a 50% ownership interest in a joint venture with its major distributor, a U.S. company called Hydro Distribution. She determines that Fisher has reported its ownership interest under the proportioned consolidation method, and that the joint venture has been profitable since it was established three years ago. She decides to adjust the financial statements to show how the financial statements would be affected if Fisher had reported its ownership under the equity method. Fisher is also considering acquiring 80% to
100% of Brown and Sons Company. Petrovich must consider the effect of such an acquisition on Fisher's financial statements.
Petrovich determines from the financial statement footnotes that Fisher reported an unrealized gain in its most recent income statement related to debt securities that are designated at fair value. Competitor firms following U.S. GAAP classify similar debt securities as available-for-sale.
Finally, Petrovich finds a reference in Fisher's footnotes regarding a special purpose entity (SPE). Fisher has reported its investment in the SPE using the equity method, but Petrovich believes that the consolidation method more accurately reflects Fisher's true financial position, so she makes the appropriate adjustments to the financial statements.
If Fisher Global decides to purchase only 80% of Brown and Sons, under 1FRS they will have the option to:
A. report the acquisition as either a business combination or as an acquisition.
B. report more or less goodwill depending on the accounting method they choose.
C. value the identifiable assets and liabilities of Brown and Sons at their current book values or at fair market value.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
All business combinations (e.g., merger, purchase, or consolidation) are reported under the acquisition method. Identifiable assets and liabilities must be reported at fair value at the time of the acquisition. Under IFRS, Fisher has the option of calculating the goodwill for the acquisition under either the full goodwill or partial goodwill methods. Goodwill is less under the partial goodwill method. (Study Session 5, LOS 21.b)

NEW QUESTION: 2
Your network contains a System Center 2012 Configuration Manager environment.
Your company deploys a custom Application to 2,000 client computers by using
Configuration Manager.
The Application is not listed in Add Remove Programs.
You discover that information about the Application fails to appear in the inventory queries and inventory reports.
You verify that information about other Applications appear in the inventory reports.
You need to ensure that Configuration Manager data includes installation information about the custom Application.
What should you do?
A. Add a WMI class to the Sms_def.mof file.
B. SelectCollect NOIDMIF filesin Hardware Inventory.
C. Add a file name to the Software Inventory configuration.
D. Enable a default WMI Cass in the Hardware Inventory Classes list.
E. Add a WMI class to the Hardware Inventory Classes file.
F. Add a file name to Software Metering.
G. Add a file name to the Hardware Inventory configuration.
H. Modify the Enablehardware inventory on Cents setting.
Answer: C
Explanation:
Introduction to Software Inventory in Configuration Manager
Use software inventory inSystem Center 2012 Configuration Manager to collect information about files that are contained on client devices in your organization. Additionally, software inventory can collect files from client devices and store these on the site server. Software inventory is collected when the Enable software inventory on clients setting is enabled in client settings.
Note:

References: Introduction to Software Inventory in Configuration Manager
http://technet.microsoft.com/en-us/library/gg682049.aspx

NEW QUESTION: 3
Which of the following would be considered the lack of involvement by management to promote quality concepts?
A. Lack of a quality vocabulary
B. Lack of knowledge of the principles of quality
C. Failure to enforce standards
D. Unknown software defects in the production system
Answer: C

NEW QUESTION: 4
During a routine health screening, the nurse should talk to the parents of a 1-year-old child
about which of the following?
A. toilet training
B. appropriate nutrition now that the child has been weaned from breast-feeding
C. the potential hazards of accidents
D. how to purchase appropriate shoes now that the child is walking
Answer: C
Explanation:
Accidents are the primary source of injury in children and can be life threatening. Appropriate nutrition should have been discussed during the weaning process and while the purchase of appropriate shoes is important, it is not life threatening. One year of age is too early to discuss toilet training.Health Promotion and Maintenance

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