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Exam Code: CT-AI

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Total Practice Questions : 60

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NEW QUESTION: 1
Refer to the exhibit.

If Cisco WCS version 7.0 needs to have APs added, relocated, or removed on a respective map, which menu leads to the correct location to make that adjustment?
A. Configure
B. Monitor
C. Tools
D. Services
E. Security
F. Administration
Answer: B
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
How do you identify if a result in a decision rule cannot be returned?
A. Test for missing conditions
B. Test the rule using a unit test
C. Test for completeness
D. Test for conflicts
Answer: B
Explanation:
Reference: https://community.pega.com/sites/default/files/help_v55/rule-/rule-declare-/rule-declare-decisiontable/testing.htm

NEW QUESTION: 3
Your customer has three business units. The customer wants to share customer account addresses across these business units.
Which reference data set can be used to achieve this?
A. Assign an enterprise reference data set to the business units, which share the account addresses.
B. Create a new reference data set for account addresses and assign it to the business units.
C. Assign a COMMON reference data set to the business units, which share the account addresses.
D. Create a separate reference data set for each business unit and assign it to each unit.
Answer: C
Explanation:
Explanation/Reference:
Reference: https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAIGL/F1493157AN1182C.htm

NEW QUESTION: 4
Yummy Doughnuts (YD) sells a variety of doughnuts and other related items through both company-owned locations and franchise locations. YD has experienced significant growth over the past five years.
However, barriers to entry are low and competition is increasing.
Linda Haas, CFA, follows YD for Gibraltar Capital. Gibraltar Capital prides itself on its thorough fundamental analysis of investment opportunities. The company uses a bottom-up approach to the investment process. Haas's security selection process utilizes residual income models to determine a stock's intrinsic value. Haas obtains YD's 2008 financial statements shown in Exhibit 1. In addition, Haas provides supporting information about YD's financials and other related material found in Exhibit 2.

Haas makes the following statements during her YD presentation to the investment committee.
Statement 1: Based on ROE mean reversion, YD's continuing residual income is assumed to decline to zero over time.
Statement 2: The residual income model states that if YD's ROE equals its equity cost of capital, then YD's intrinsic value will equal its book value per share.
Based on Exhibit 1, Exhibit 2, and the single-stage residual income model, YD's intrinsic value is closest to:
A. $11.00 per share.
B. $13.00 per share.
C. $9.00 per share.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
V0=B0 + [(ROE-r) x B0] / (r-g).
adjusted book value = (adjusted assets - adjusted liabilities) / total shares adjusted book value = [(total assets + op lease + capitalized R&D expense) - (current liabs + total debt + op lease)] / total shares adjusted book value = [(181 + 57 + (20 - 4)) - (38 + 12 + 57)] / 18.6 = 147 / 18.6 = 7.90 r = cost of equity = 0.15 (given in Exhibit 2) ROE = 0.17 (given in Exhibit 2) g = 0.10 (given in Exhibit 2) V0 = 7.90 + [(0.17 - 0.15) x 7.90] / (0.15 - 0.10) = 11.06 (Stud/ Session 13, LOS 43.f)


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