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Will you feel nervous for the exam?
NEW QUESTION: 1
Norine Benson is studying for the Level 1 CFA examination and is having difficulty with the broader concepts of capital budgeting. Her study partner, Henri Manz, tests her understanding by asking her to identify which of the following statements is TRUE?
A. An analyst can ignore inflation since price level expectations are built into the weighted average cost of capital (WACC).
B. Replacement decisions involve mutually exclusive projects.
C. For mutually exclusive projects, the decision rule is to pick the project that has the highest net present value (NPV).
D. If the change in current liabilities is greater than the change in current assets, it means that additional financing was needed and there is a cash outflow.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Because replacement decisions involve either keeping the old asset or replacing the old asset, the projects are mutually exclusive.
The decision rule for NPV is to pick the project with the highest positive NPV. Only projects with positive NPV add to the company's value. If a neither project has a positive NPV, neither project should be chosen.
The statement about net working capital (NWC) is stated in the reverse of how we usually think of it:ꢀin NWC =ꢀCurrent Assets -ꢀCurrent Liabilities. Here, the change in current liabilities exceeds the change in current assets and the result is negative, meaning the project frees up cash, creating a cash inflow.
Because the WACC is adjusted for inflation, the analyst must adjust project cash flows upward to reflect inflation. If the cash flows are not adjusted for inflation, the NPV will be biased downward. (Reverse the preceding logic for deflation.)
NEW QUESTION: 2
Which is the correct description of playing a movie using the VideoView class?
A. You need to define the video in an XML file.
B. You can specify a URI to the source.
C. A MediaPlayer instance is required.
D. A MediaController instance is required.
Answer: B
NEW QUESTION: 3
CORRECT TEXT
Install a FTP server, and request to anonymous download from /var/ftp/pub catalog. (it needs you to configure yum direct to the already existing file server. )
Answer:
Explanation:
# cd /etc/yum.repos.d
# vim local.repo
[local]
name=local.repo
baseurl=file:///mnt
enabled=1
gpgcheck=0
# yum makecache
# yum install -y vsftpd
# service vsftpd restart
# chkconfig vsftpd on
# chkconfig --list vsftpd
# vim /etc/vsftpd/vsftpd.conf
anonymous_enable=YES
NEW QUESTION: 4
カスタムオーディエンスを使用する場合、「識別子」とは何を指しますか？
A. 顧客とFacebookの人々を一致させるために使用されるデータ
B. すべての顧客の個人データを匿名に保つ一意のハッシュ
C. カスタムオーディエンスに付けられた名前
D. オーディエンスグループの一部である個人に付与されるFacebookの一意のID
Answer: A
Explanation:
Explanation:識別子は、Facebookユーザーで顧客を識別する変数の1つを指します。これらには以下が含まれます。メールアドレス、電話番号、名前、生年月日、性別、場所。
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