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CFA-001 Exam Simulator
  • Exam Code: CFA-001
  • Exam Name: Certified Forensic Analyst (CFA)
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NEW QUESTION: 1
Ocean Corp.'s comprehensive insurance policy allows its assets to be replaced at current value. The
policy has a $50,000 deductible clause. One of Ocean's waterfront warehouses was destroyed in a winter
storm. Such storms occur approximately every four years. Ocean incurred $20,000 of costs in dismantling
the warehouse and plans to replace it. The tax rate is 30%. The following data relate to the warehouse:
Current carrying amount $ 300,000
Replacement cost 1,100,000
What amount of gain should Ocean report as a separate component of income before extraordinary
items?
A. $730,000
B. $780,000
C. $1,030,000
D. $0
Answer: A
Explanation:
Choice "c" is correct. $730,000 gain reported as a separate component of income before extraordinary
items.


NEW QUESTION: 2
The Manufacturing plant has two 8-hour shifts for the work center WC1: Day Shift and Night Shift. You
associate four units each for resources R1, R2, R3, and R4 to the work center WC1. The customer wants to
assign all units of resource R2 available for Day and Night Shift.
Identify the correct sequence of steps to achieve this requirement.
A. Associate Resource R2 with Work Center WC1> Deselect the Available 24 Hours check box> Resource
Availability region> Enter 2 in Day Shift Column> Enter 2 in Night Shift Column
B. Associate Resource R2 with Work Center WC1> Select the Available 24 Hours check box> Resource
Availability region> Enter 2 in Day Shift Column > Enter 2 in Night Shift Column.
C. Associate Resource R2 with Work Center WC1> Select Available 24 Hours check box> Resource
Availability region> Enter 4 in Day Shift Column> Enter 4 in Night Shift Column.
D. Associate Resource R2 with Work Center WC1> Deselect the Available 24 Hours check box> Resource
Availability region> Enter 4 in Day Shift Column> Enter 4 in Night Shift Column.
Answer: B

NEW QUESTION: 3
内部品質評価を実行する従業員を選択するときに、内部監査活動で最も重要な考慮事項は次のうちどれですか。
A. 彼らの通常の義務と責任の性質。
B. 組織内のレポートライン。
C. 監査基準に対する彼らの理解。
D. 内部監査活動での以前の経験。
Answer: C

NEW QUESTION: 4
What separates areas in IS-IS?
A. pseudo nodes
B. routers
C. DIS
D. links
Answer: B
Explanation:
IS-IS differs from OSPF in the way that "areas" are defined and routed between. IS-IS routers are designated as being: Level 1 (intra-area); Level 2 (inter area); or Level 1-2
(both). Routing information is exchanged between Level 1 routers and other Level 1 routers of the same area, and Level 2 routers can only form relationships and exchange information with other Level 2 routers. Level 1-2 routers exchange information with both levels and are used to connect the inter area routers with the intra area routers.
References: https://en.wikipedia.org/wiki/IS-IS

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