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Vendor: CIPS

Exam Code: L6M7 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
An installment meets all of the selection criteria of a Payment Process Request but it still did not get selected for payment processing. Identify two reasons for this.
A. The invoices need re-validation.
B. The invoice has not been accounted.
C. The pay-through date is in a future period.
D. The pay-through date is in a closed Payables period.
E. The installment was manually removed.
Answer: A,E
Explanation:
Explanation
Reference https://docs.oracle.com/cd/E37017_01/doc.1115/e22897/F438410AN16238.htm

NEW QUESTION: 2
Refer to the exhibit. All of the routers in the network are configured with the ip subnet-zero command. Which network addresses should be used for Link A and Network A? (Choose two.)

A. Link A - 172.16.3.112/30
B. Network A - 172.16.3.48/26
C. Network A - 172.16.3.192/26
D. Link A - 172.16.3.40/30
E. Network A - 172.16.3.128/25
F. Link A - 172.16.3.0/30
Answer: E,F
Explanation:
Only a /30 is needed for the point to point link and sine the use of the ip subnet-zero was used,
172.16.3.0/30 is valid. Also, a /25 is required for 120 hosts and again 172.16.3.128/25 is the best, valid option.

NEW QUESTION: 3
With the objective of mitigating the risk and impact of a major business interruption, a disaster recovery plan should endeavor to reduce the length of recovery time necessary, as well as costs associated with recovery. Although DRP results in an increase of pre-and post-incident operational costs, the extra costs are more than offset by reduced recovery and business impact costs. True or false?
A. False
B. True
Answer: B
Explanation:
Explanation/Reference:
Explanation:
With the objective of mitigating the risk and impact of a major business interruption, a disaster- recovery plan should endeavor to reduce the length of recovery time necessary and the costs associated with recovery. Although DRP results in an increase of pre-and post-incident operational costs, the extra costs are more than offset by reduced recovery and business impact costs.

NEW QUESTION: 4
Which of the following is correct concerning financial statement disclosure of accounting policies?
A. The format and location of accounting policy disclosures are fixed by generally accepted accounting
principles.
B. Disclosure of accounting policies is an integral part of the financial statements.
C. Disclosures should be limited to principles and methods peculiar to the industry in which the company
operates.
D. Disclosures should duplicate details disclosed elsewhere in the financial statements.
Answer: B
Explanation:
Choice "b" is correct. Disclosure of accounting policies (and all other disclosure also) is an integral part of
the financial statements. Choice "a" is incorrect. For disclosure of accounting policies, disclosure should
not be limited to principles and methods peculiar to the industry in which the company operates. All
material accounting policies should be disclosed. Choice "c" is incorrect. For disclosure of accounting
policies, the format and location of accounting policies are not fixed by GAAP. Accounting policy
disclosures are normally Note 1, but that is a (reasonable and very general) practice and not a "rule." It
does make sense to disclose the "why" before the "what." Choice "d" is incorrect. Disclosure of
accounting policies should not duplicate details disclosed elsewhere in the financial statements.
Interim Financial Reporting


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