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Vendor: IAPP

Exam Code: CIPM Dumps

Questions and Answers: 104

Product Price: $69.00

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NEW QUESTION: 1
Using the following Refund case life cycle, how do you design this case to skip the Item Return stage if the item will not be returned?

A. Add a decision in the Item Return process to change the stage when a return is not necessary.
B. Add an Item Retention alternate stage and define a process for retention of item.
C. Replace the Wait step in the Item Return stage with a Change Stage step.
D. Add a condition to skip the Item Return stage when a return is not necessary.
Answer: D

NEW QUESTION: 2
On January 2, 20X5, to better reflect the variable use of its only machine, Holly, Inc. elected to change its method of depreciation from the straight-line method to the units of production method. The original cost of the machine on January 2, 20X3, was $50,000, and its estimated life was 10 years. Holly estimates that the machine's total life is 50,000 machine hours. Machine hours usage was 8,500 during 20X4 and 3,500 during 20X3.
Holly's income tax rate is 30%. Holly should report the accounting change in its 20X5 financial statements as a(n):
A. Adjustment to beginning retained earnings of $2,000.
B. None of the above.
C. Cumulative effect of a change in accounting principle of $1,400 in its income statement.
D. Cumulative effect of a change in accounting principle of $2,000 in its income statement.
Answer: B

NEW QUESTION: 3

A. Option B
B. Option E
C. Option A
D. Option D
E. Option C
Answer: A

NEW QUESTION: 4
A customer purchases a Volume license of Microsoft Office 2010.
The customer loses the Volume License Key.
You need to recommend which method or methods the customer can use to retrieve the key.
Which method or methods should you recommend? (Choose all that apply.)
A. Call the Microsoft Activation Center.
B. Access the Volume Licensing Service Center (VLSC) portal.
C. Access the TechNet Subscriber Downloads site.
D. Access the MSDN Subscriber Downloads site.
E. Call the Microsoft Regional Service Center.
Answer: A,B


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