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NEW QUESTION: 1
True or false. Firms with higher proportions of fixed costs will have an EBIT figure that is more sensitive to changes in sales, all else equal. Additionally, companies that have low Degree of Financial Leverage figures will have more aggressive depreciation and amortization schedules.
A. True, false
B. The answer cannot completely be determined from the information provided.
C. False, true
D. True, true
E. False, false
Answer: B
Explanation:
Explanation/Reference:
Explanation:
A somewhat tricky question as the answer cannot be fully determined from the information provided. While it is true that firms whose cost structure is weighted heavily toward fixed costs, i.e. have high relative DOL figures, will be more sensitive to changes in sales, the second question cannot be answered from the information provided. The Degree of Financial Leverage is defined as the percentage change in EPS that results from a given percentage change in EBIT. For purposes of general discussion, and the Level 1 CFA exam, the DFL calculation does not have an explicit bearing on the depreciation and amortization schedules used by companies. Had the second question asked "...companies that have low Degree of Financial Leverage figures will have EPS figures which are LESS sensitive to changes in EBIT," then both answers would be true.
NEW QUESTION: 2
_____________ loans allow the consumer to repay a loan over a set period. They require periodic principal and interest payments The loan is generally secured by the item being purchased. Automobile loans or real estate mortgage loans are common types of such types of loans.
A. Installment loans
B. Asset-based loans
C. Consumer loans
D. Residential loans
Answer: A
NEW QUESTION: 3
Which protocol is used by Dell EMC Data Domain Replicator to send encrypted data being replicated between systems?
A. FTP
B. SSL
C. IPsec
D. HTTPS
Answer: B
Explanation:
DD Replication supports encryption of data-in-flight by using standard Secure Socket Layer (SSL) protocol version 3.
References:
https://www.emc.com/collateral/software/white-papers/h7082-data-domain-replicator- wp.pdf, page 11
NEW QUESTION: 4
Refer to the exhibit.
A Cisco collaboration engineer is writing a report to summarize the call distribution characteristics in a Cisco Unified Contact Center Express queue. Which three
characteristics can be reported about the call distribution? (Choose three.)
A. Agents that are answering calls for this queue can answer calls to other queues if available.
B. Calls to this queue are handled in the order they were received unless prioritized by the script.
C. This queue will not work because no prompt has been selected.
D. Changing the queue name from SupportQueue to Support01 requires updates to the script.
E. Agents logged in to this queue automatically receive calls without the need to do anything else (automatic work).
F. Calls to this queue can be distributed in a round-robin manner between agents.
G. Agents in this queue are expected to finish (wrap-up) a call within 60 seconds.
Answer: A,B,D