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Vendor: CIPS

Exam Code: L5M1 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Examine this code:

Which two corrections must be applied for this anonymous block to execute successfully?
A. Change RETURN p_tab.LAST to RETURN p_tab.COUNT.
B. Declare the collection type inside the function.
C. Change the INDEX BY clause from VARCHAR2 to PLS_INTEGER.
D. Define the function as stand-alone instead of in a package body.
E. Declare the collection type at the schema level instead of the package.
F. Modify the function return type to return a scalar, VARCHAR2.
Answer: C,D

NEW QUESTION: 2

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

NEW QUESTION: 3
To complete the sentence, select the appropriate option in the answer area.

Answer:
Explanation:


NEW QUESTION: 4
Polk Products is considering an investment project with the following cash flows:
tCash Flow
0-100,000
140,000
290,000
330,000
460,000
The company has a 10 percent cost of capital. What is the project's discounted payback?
A. 2.67 years
B. 1.86 years
C. 1.67 years
D. 2.49 years
E. 2.11 years
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The PV of t = 1 CF is found as follows: N = 1, I = 10, PMT = 0, FV = 40,000, and, thus PV = - $36,363.64.
Similarly, find the PV of t = 2 CF which is $74,380.17. Since the sum of these PVs is greater than the t = 0 CF of $100,000, we know the discounted payback is less than two years. We can now solve for the discounted payback period as follows: DP = 1 + ($100,000 - $36,363.64)/$74,380.17 = 1.86.


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