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NEW QUESTION: 1
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
Your network contains an Active Directory forest named contoso.com. The forest contains a member server named Server1 that runs Windows Server 2016. All domain controllers run Windows Server 2012 R2.
Contoso.com has the following configuration.
PS C:\> (Get-ADForest).ForestMode
Windows2008R2Forest
PS C:\> (Get-ADDomain).DomainMode
Windows2008R2Domain
PS C:\>
You plan to deploy an Active Directory Federation Services (AD FS) farm on Server1 and to configure device registration.
You need to configure Active Directory to support the planned deployment.
Solution: You upgrade a domain controller to Windows Server 2016.
Does this meet the goal?
A. No
B. Yes
Answer: A
Explanation:
Explanation
Device Registration requires Windows Server 2012 R2 forest schema.

NEW QUESTION: 2
When completing a new rule for, the "Apply To" field represents what?
A. The rules context, or scope, for the purpose of inheritance
B. The other rules the new rule will apply to
C. The ruleset the rule applies to
D. The version of the rule
Answer: A

NEW QUESTION: 3
An international services company is implementing Dynamics 365 Finance. You need to help the implementation team set up the app.
What must be created and configured first?
A. Legal entity
B. Chart of accounts
C. Project
D. Business unit
Answer: B

NEW QUESTION: 4
Jason Bennett is an analyst for Valley Airlines (Valley), a U.S. firm. Valley owns a stake in Southwest Air Cargo (Southwest), also a U.S. firm. The two firms have had a long-standing relationship. The relationship has become even closer because several of Valley's top executives hold seats on Southwest's Board of Directors.
Valley acquired a 45% ownership stake in Southwest on December 31, 2007. Acquisition of the ownership stake cost $9 million and was paid in cash. Valley's stake in Southwest is such that management can account for the investment using either the equity method or the acquisition method. While Valley's management desires to fairly represent the firm's operating results, they have assigned Bennett to assess the impact of each method on reported financial statements.
Immediately prior to the acquisition. Valley's current asset balance and total equity were $96 million and
$80 million, respectively. Southwest's current assets and total equity were $32 million and $16 million, respectively.
While analyzing the use of the equity method versus the acquisition method, Bennett calculates the return on assets (ROA) ratio. He arrives at two conclusions:
Statement 1: Compared to the acquisition method, the equity method results in a higher ROA because of the higher net income under the equity method.
Statement 2: Compared to the acquisition method, the equity method results in a higher ROA because of the smaller level of total assets under the equity method.
In order to get a better picture of Valley's operating condition, Bennett is also considering the use of proportionate consolidation to account for Southwest. He makes the following statements regarding the acquisition method and a proportionate consolidation:
Statement 3: Both methods are widely accepted under the provisions of U.S. GAAP and International Financial Reporting Standards (IFRS).
Statement 4: Both methods report the same level of assets on the parent's balance sheet.
Statement 5: Both methods report all of Southwest's liabilities on the parent's balance sheet.
In addition. Valley has always wanted to pursue its goal of vertical integration by expanding its scope of operations to include the manufacturing of airline parts for its own airplanes. Therefore, it established a subsidiary, Mountain Air Parts (Mountain), in Switzerland on January 1,2008. Switzerland was chosen as the location for economic and geographical diversification reasons. Mountain will operate as a self- contained, independent subsidiary. Local management in Switzerland will make the majority of operating, financing, and investing decisions.
The Swiss franc (CHF) is the official currency in Switzerland. On January 1, 2008, the USD/CHF exchange rate was 0.77. At December 31, 2008, the exchange rate had changed to 0.85 USD/CHF. The average exchange rate in 2008 was 0.80 USD/CHF. In its first year of operations. Mountain paid no dividends and no taxes. Mountain uses the FIFO assumption for its flow of inventory.

Using the appropriate method of translation, the translation gain (loss) for the year ended 2008 is closest to:
A. $109.
B. $99.
C. $104.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
(Siudy Session 6, LOS 23-c,d)
The following financial starements reflect the use of the all-current method (functional currency is the CHF) since Mountain is a self-contained company and is less dependent on Valley. The solutions to Questions
100 and 101 pertain to the all-current method.