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Vendor: ISACA

Exam Code: CISM Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which project process is not iterative?
A. Executing
B. Planning
C. None of the above
D. Monitoring and Controlling
Answer: C

NEW QUESTION: 2
Is the cumulative effect of an inventory pricing change on prior years earnings reported on the financial
statements for

A. Option A
B. Option B
C. Option C
D. Option D
Answer: B
Explanation:
Choice "b" is correct. The cumulative effect of a change in accounting principle is now reported as an
adjustment to beginning retained earnings when it is considered practicable to calculate the cumulative
effect. When making a change to LIFO, it is generally considered impracticable to calculate the
cumulative effect of the change (in most cases, data on the historical LIFO layers in not available). In a
change to LIFO, the beginning inventory dollar amount becomes the first LIFO layer. No cumulative effect
adjustment is made. The change is accounted for prospectively. A change from LIFO to weighted average,
there is no such impracticability. The cumulative effect is computed and the change is handled
retrospectively. Choices "a", "c", and "d" are incorrect, per the above Explanation: .

NEW QUESTION: 3
Egress PE NAT is being used via a single centralized router to provide Internet access to L3VPN customers.
Which description of the NAT operation is true?
A. Multiple address pools are needed for the same L3VPN because each site has a separate NAT
B. Users m different VRFs cannot share the same outside global IP address
C. The NAT table contains a field to identify the inside VRF of a translation
D. The different L3VPNs using the Internet access must not have IP overlaps internally
Answer: C

NEW QUESTION: 4
Which Cisco onePK service set provides access to syslog and AAA functions within the element?
A. Data Path
B. Policy
C. Utility
D. Element
E. Developer
Answer: C


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