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NEW QUESTION: 1
A board of directors can have an inside director and an outside director. What is an inside director?
A. It is an employee that also serves as the director for the corporation's board.
B. It is an employee that has been hired by the company to be the director of the board.
C. It is an employee that serves as the director for the corporation's board, but also has operational responsibilities, such as the CEO or CFO.
D. It is the director of the corporation's board that also started the corporation.
Answer: C
Explanation:
Explanation/Reference:
Answer option A is correct.
Of all the choices, A is the best answer. An inside director of the board also serves as an operation lead in the corporation, such as the CEO or CFO. An outside director is someone who is not employed by the corporation and does not have operation responsibilities.
Answer option C is incorrect. This answer is technically correct, but it is not the best choice for the question.
Answer options B and D are incorrect. These aren't valid definitions of an inside director.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Corporate Governanc
NEW QUESTION: 2
The cloud network uses OVS as a software switch to connect to the Leaf.Which of the following OVS bridges in FusionSphere OpenStack completes the encapsulation of tenant traffic VLANs?
A. br-cps
B. br-1
C. br-tun
D. ply-br
Answer: A
NEW QUESTION: 3
Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is
$5,000 USD. You have an approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the General Ledger for the obligation type for $1,600 USD. You then cancelled the approved PO line of $400 USD. For November 2015, you created a new invoice by matching to the PO for $2,100 USD.
Which two statements are true?
A. Encumbrance entries are created only for nonmatched Invoices, so the system will not create any encumbrance accounting entries.
B. Purchase order encumbrance will be released for $2100 USD.
C. As there are cancellations for $400 USD, the system will partially reserve the funds in November 2015 and fully reserve it in December 2015.
D. As you are matching to a purchase order, the system will allow the user to create an invoice with the reservation status of Reserved.
E. The system always consumes budget of future periods if the limit for the current period is expired, so December 2015 budget will be considered for reservation.
Answer: D,E
