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  • Exam Code: C_TFG61_2405
  • Exam Name: SAP Certified Associate - Administrator - SAP Fieldglass Services Procurement
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NEW QUESTION: 1
Which of the following are ordered correctly in the order of debt seniority in a bankruptcy situation?
I. Equity, Subordinate debt, Senior debt
II. Senior debt, Preferred stock, Equity
III. Secured debt, Accounts payable, Preferred stock
IV. Secured debt, DIP financing, Equity
A. I
B. I and IV
C. II, III and IV
D. II and III
Answer: D
Explanation:
Explanation
In a bankruptcy, equity ranks last. Preferred equity is one level above equity. Senior debt gets paid out first compared to junior debt, and secured debt is paid out first to the extent of the asset securing it (after which it counts as unsecured debt). Accounts payable and other short term liabilities are treated like unsecured creditors. Debtor-in-possession (DIP) financing ranks higher than any other asset as it is financing secured after the bankruptcy to continue the business.
Based on the above, statement I does not represent a correct ordering of seniority as equity is paid last.
Similarly, DIP financing receives higher priority than even secured debt, and therefore statement IV is incorrect. Therefore the only correct statements are II and III and Choice 'a' is the correct answer.

NEW QUESTION: 2

A. Option B
B. Option C
C. Option E
D. Option A
E. Option D
Answer: B,C
Explanation:
References:
http://msdn.microsoft.com/en-us/library/ms187861.aspx
http://msdn.microsoft.com/en-us/library/ms191291.aspx

NEW QUESTION: 3
ルータのPIDとシリアル番号を表示するには、どちらのコマンドを入力する必要がありますか? (2つ選択)
A. ライセンス機能を表示
B. バージョンを表示
C. ライセンスudiを表示
D. ライセンスステータスを表示
E. ライセンスを表示
Answer: B,E

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