CWAP-404 Practice Questions

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NEW QUESTION: 1
Which of the following would not be a limitation of the balance sheet?
A. Significant assets and liabilities may be omitted because GAAP does not require their inclusion.
B. GAAP permits companies to delay recognition of value changes, such as employee benefit plans.
C. Some assets and liabilities are carried at historical cost bearing little relationship to their real market value.
D. The firm's market value would not be able to be estimated due to historical costing.
E. Long-lived assets may not reflect their market value because they are stated at historical cost.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The balance sheet does not report the market value of a firm's assets, liabilities, or equity, although the information provided can be useful when estimating the market value of the firm or its securities.

NEW QUESTION: 2
A buyer receives an invoice from a supplier that offers discount terms of 3/10, net 60. What is the effective cost of discount?
A. 22.58%
B. 15.64%
C. 16.13%
D. 21.90%
Answer: A

NEW QUESTION: 3
You need to recommend a solution for configuring the Azure Multi-Factor Authentication (MFA) settings.
What should you include in the recommendation? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

References:
https://docs.microsoft.com/en-us/azure/active-directory/identity-protection/howto-sign-in-risk-policy
https://docs.microsoft.com/en-us/azure/active-directory/identity-protection/howto-mfa-policy

NEW QUESTION: 4
DRAG DROP
You are developing a SQL Server Integration Services (SSIS) package.
The package contains an ADO object source variable that holds a result set that was returned by a stored procedure
execution.
You need to add and configure a container that will execute several tasks for each row in the ADO object source
variable.
Which three actions should you perform in sequence? (To answer, move the appropriate actions from the list of
actions to the answer area and arrange them in the correct order,)

Answer:
Explanation:
Box 1: Open the Control Flow designer of the package.
Box 2: Add and edit a Foreach Loop container.
Box 3: Set the enumerator property to Foreach ADO Enumerator and select the variable that contains the ADO object
source.
Note:
Example: