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Vendor: ACAMS

Exam Code: CAMS7 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. As there are cancellations for $400 USD, the system will partially reserve the funds in November 2015 and fully reserve it in December 2015.
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. 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.
D. Purchase order encumbrance will be released for $2100 USD.
E. Encumbrance entries are created only for nonmatched Invoices, so the system will not create any encumbrance accounting entries.
Answer: B,C

NEW QUESTION: 2
You have a Microsoft 365 subscription that uses a default domain name of contoso.com.
Microsoft Azure Active Directory (Azure AD) contains the users shown in the following table.

Microsoft Intune has two devices enrolled as shown in the following table:

Both devices have three apps named App1, App2, and App3 installed.
You create an app protection policy named ProtectionPolicy1 that has the following settings:
* Protected apps: App1
* Exempt apps: App2
* Windows Information Protection mode: Block
You apply ProtectionPolicy1 to Group1 and Group3. You exclude Group2 from ProtectionPolicy1.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation


NEW QUESTION: 3
Which of the following Linux file systems is a journaled file system?
A. ext
B. ext3
C. ext4
D. ext2
Answer: C

NEW QUESTION: 4
Various tools are employed to control large scale projects. They include all of the following except:
A. CPM.
B. PERT.
C. Gantt charts.
D. Statistical process control.
Answer: D
Explanation:
Statistical process (quality) control is not used to control large scale projects. Statistical quality control is a method of determining whether the shipment or production run of units lies within acceptable limits. It is also used to determine whether production processes are out of control.


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