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Vendor: ACRP

Exam Code: ACRP-CP Dumps

Questions and Answers: 104

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NEW QUESTION: 1
In Web Tools, which is a valid switch state?
A. down
B. marginal
C. segmented
D. reconfiguring
Answer: B

NEW QUESTION: 2
Under an initial federal requirement of 70% equity, Bubba purchases 100 shares of XYZ at $40 per share and wishes to satisfy the margin call by delivering another listed security into his account.
He may do so by depositing stocks with a market value of:
A. $9,333
B. $2,800
C. 4,000
D. $5,714
Answer: A
Explanation:
Explanation/Reference:
Explanation: $9,333. If Bubba were depositing cash, he would need $2,800 (70% x $4,000). Since he is depositing stock, he would have to deposit enough with loan value of $2,800. To arrive at this, divide
$2,800 by the 30% loan value to obtain $9,333.

NEW QUESTION: 3
Which of the following factors determines whether an identified segment of an enterprise should be reported in the enterprise's financial statements under SFAS No. 131, Disclosures about Segments of an Enterprise and Related Information?
I. The segment's assets constitute more than 10% of the combined assets of all operating segments.
II. The segment's liabilities constitute more than 10% of the combined liabilities of all operating segments.
A. Both I and II.
B. Neither I nor II.
C. II only.
D. I only.
Answer: D

NEW QUESTION: 4

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


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