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Vendor: AGA

Exam Code: GAFRB Dumps

Questions and Answers: 104

Product Price: $69.00

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Pass4sure Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) certification - AGA GAFRB sure exam practice

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NEW QUESTION: 1
According to the FASB conceptual framework, which of the following situations violates the concept of reliability?
A. Financial statements include property with a carrying amount increased to management's estimate of market value.
B. Data on segments having the same expected risks and growth rates are reported to analysts estimating future profits.
C. Financial statements are issued 9 months late.
D. None of these answers.
E. Management reports to stockholders regularly refer to new projects undertaken, but that financial statements never report project results.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Reliability has 3 primary qualities: verifiability, neutrality and representational faithfulness. Neutrality is violated here as information should not be prepared or reported to obtain a predetermined result, and should be free from bias.

NEW QUESTION: 2
Refer to the Exhibit.

An administrator is migrating a powered-on virtual machine, as shown in the exhibit.
Which option should be selected to perform a Storage vMotion of the VM?
A. Change VM compute resource only
B. Change storage only
C. Change both compute resource and storage, changing the storage resource first.
D. Change both compute resource and storage, changing the compute resource first.
Answer: B

NEW QUESTION: 3
Which item represents the process that allows FCoE multihop using T11 standard FC-BB-
5?
A. distributed FCF
B. FIP proxy
C. N Port proxy
D. FIP snooping
Answer: D
Explanation:
FIP snooping is used in multi-hop FCoE environments. FIP snooping is a frame inspection method that can be used by FIP snooping capable DCB devices to monitor FIP frames and apply policies based on the information in those frames. This allows for:
* Enhanced FCoE security (Prevents FCoE MAC spoofing.)
* Creates FC point-to-point links within the Ethernet LAN
* Allows auto-configuration of ACLs based on name server information read in the FIP frames Reference: http://www.definethecloud.net/fcoe-initialization-protocol-fip-deep-dive/

NEW QUESTION: 4
An attacker gains access to a Web server's database and displays the contents of the table that holds all of the names, passwords, and other user information. The attacker did this by entering information into the Web site's user login page that the software's designers did not expect to be entered. This is an example of what kind of software design problem?
A. Insufficient input validation
B. Insufficient security management
C. Insufficient exception handling
D. Insufficient database hardening
Answer: A


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