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Vendor: CIPS

Exam Code: L6M7 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. Declare the collection type inside the function.
B. Declare the collection type at the schema level instead of the package.
C. Define the function as stand-alone instead of in a package body.
D. Change the INDEX BY clause from VARCHAR2 to PLS_INTEGER.
E. Modify the function return type to return a scalar, VARCHAR2.
F. Change RETURN p_tab.LAST to RETURN p_tab.COUNT.
Answer: C,D

NEW QUESTION: 2

A. Option C
B. Option A
C. Option B
D. Option D
Answer: A,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. 1.86 years
B. 1.67 years
C. 2.67 years
D. 2.11 years
E. 2.49 years
Answer: A
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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