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Vendor: AACE International

Exam Code: AACE-PSP Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is $5,000 USD. You have an approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the General Ledger for the obligation type for $1,600 USD. You then cancelled the approved PO line of $400 USD. For November 201b, you created a new invoice by matching to the PO for $2,100 USD.
Which two statements are true?
A. Purchase order encumbrance will be released for $2100 USD.
B. As you are matching to a purchase order, the system will allow the user to create an invoice with the reservation status of Reserved.
C. As there are cancellations for $400 USD, the system will partially reserve the funds in November 2015 and fully reserve it in December 2015.
D. The system always consumes budget of future periods if the limit for the current period is expired, so December 2015 budget will be considered for reservation.
E. Encumbrance entries are created only for nonmatched Invoices, so the system will not create any encumbrance accounting entries.
Answer: B,D

NEW QUESTION: 2
A security engineer is faced with competing requirements from the networking group and database administrators. The database administrators would like ten application servers on the same subnet for ease of administration, whereas the networking group would like to segment all applications from one another. Which of the following should the security administrator do to rectify this issue?
A. Recommend that only applications with minimal security features should be segmented to protect them
B. Recommend segmenting each application, as it is the most secure approach
C. Recommend performing a security assessment on each application, and only segment the applications with the most vulnerability
D. Recommend classifying each application into like security groups and segmenting the groups from one another
Answer: D

NEW QUESTION: 3
Which organizational construct within vRealize Operations has a user-configured dynamic membership criteria?
A. Tags
B. Resource Pool
C. Custom Datacenter
D. Custom group
Answer: D


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