NCARB Project-Management Q&A - in .pdf

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  • Exam Name: ARE 5.0 Project Management (PjM) Exam
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NEW QUESTION: 1
Which of these is not defined as a SharedPreferences access mode constant?
A. MODE_PUBLIC
B. MODE_WORLD_WRITEABLE
C. MODE_PRIVATE
D. MODE_WORLD_READABLE
Answer: A

NEW QUESTION: 2
General Investments is considering the purchase of a significant stake in Pacific Computer Components (PCC). Although PCC has stable production output, the company is located in a developing country with an uncertain economic environment. Since the monetary environment is particularly worrisome. General has decided to approach the valuation of PCC from a free cash flow model using real growth rates. In real rate analysis, General uses a modified build-up method for calculating the required real return, specifically:
required real return = country real rate + industry adjustment +
company adjustment
Elias Sando, CFA, an analyst with General, estimates the following information for PCC:
Domestic inflation rate = 8.738%
Nominal growth rate = 12.000%
Real country return = 3.000%
Industry adjustmen = 3.000%
Company adjustment = 2.000%
Additionally, Exhibit 1 reports information from PCC's financial statements for the year just ended (stated in LC).

PCC generally maintains relatively constant proportions of equity and debt financing and is expected to do so going forward.
Sando has gathered information on earnings before interest, taxes, depreciation, and amortization (EBITDA) and is contemplating its direct use in another cash flow approach aimed at valuing PCC.
Consider the following two statements regarding EBITDA:
Statement 1: EBITDA is not a good proxy for free cash flow to the firm (FCFF) because it does not incorporate the importance of the depreciation tax shield nor does it reflect the investment in working capital or in fixed capital.
Statement 2: EBITDA is also a poor proxy for FCFE.
Free cash flow to equity (FCFE) is closest to:
A. LC7,300,000.
B. LCI0,200,000.
C. LC8,400,000.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
FCFE = NI + depreciation - FCInv - WCInv + net borrowing
= 7.0 + 3.5 -3.2 -0.4 + (2.4 -2.0)
= LC7.3 million, or LC7.300.000
(Study Session 12, LOS 41.c)

NEW QUESTION: 3
AWSの責任分担モデルによると、バックアップのスケジュールと実行を担当するAmazon RDSを使用する場合はどうなりますか?
A. お客様は両方のタスクに責任があります
B. AWSは両方のタスクを担当します
C. AWSはスケジューリングを担当し、ユーザーはバックアップを実行する責任があります
D. お客様はスケジューリングを担当し、AWSはバックアップを実行する責任があります
Answer: B

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