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NEW QUESTION: 1
A customer is presuming manager to get things done on time. Which of the following has the project failed to do this case?
A. Communicate with the customer clearly
B. Follow up with the customer after project completion
C. Mention a positive attitude during the project
D. Disclose project expenses on social media
Answer: A
NEW QUESTION: 2
참 또는 거짓 : CloudFormation 템플릿에서 동일한 논리 ID를 여러 번 재사용하여 템플릿의 다른 부분에있는 리소스를 참조 할 수 있습니다.
A. 거짓, 논리적 ID는 템플릿 내에서 고유해야합니다.
B. 거짓, 템플릿의 다른 부분을 참조 할 수 없습니다.
C. 논리 ID를 여러 번 사용하여 템플릿의 다른 부분에있는 리소스를 참조 할 수 있습니다.
D. 거짓이면 리소스를 한 번만 언급 할 수 있으며 템플릿의 다른 부분에서 리소스를 참조 할 수 없습니다.
Answer: A
Explanation:
설명:
AWS CloudFormation에서 논리적 ID는 영숫자 (A-Za-z0-9)로 템플릿 내에서 고유해야 합니다. 논리 이름을 사용하여 템플리트의 다른 부분에서 자원을 참조합니다.
http://docs.aws.amazon.com/AWSCloudFormation/latest/UserGuide/concept-resources.html
NEW QUESTION: 3
Tom Vadney, CFA, is president and CEO of Vadney Research and Advisors (VRA), a large equity research firm that specializes in providing international investment and advisory services to global portfolio managers. He has a staff of five junior analysts and three senior analysts covering industries and firms across the Americas, Europe, and Asia-Pacific regions.
In a recent meeting with an institutional portfolio manager, Vadney is asked to review the differences between U.S. GAAP and International Financial Reporting Standards (IFRS) as well as provide a comprehensive industry analysis for the telecommunications sector in Europe and the Asia-Pacific region.
Vadney asks Maria Mnoyan, a senior analyst covering the sector, to research the requested information for the client meeting.
Prior to the meeting, Vadney and Mnoyan meet to prepare for the client presentation. They first discuss differences between U.S. GAAP and IFRS. Mnoyan states that although there will be increasing convergence between the two accounting standards, one major difference currently is that IFRS permits either the "partial goodwill" or "full goodwill" method to value the goodwill and the noncontrolling interest under the acquisition method. U.S. GAAP requires the full goodwill method. Vadney adds that U.S. GAAP requires equity method accounting for joint ventures, while under IFRS, proportionate consolidation is preferred, but the equity method is permitted.
Vadney then asks Mnoyan to share her findings on the telecommunications sector. Mnoyan first presents an overview of the competitive forces that characterize the sector in the two regions. In particular, she notes that the sector in both regions is characterized by high switching costs. Vadney asks how high switching costs would affect the bargaining power of buyers and suppliers.
Mnoyan firmly believes that investing in companies located in developing countries provides strong growth potential through technological change and increases in capital, labor, and savings that contribute to higher dividend levels, even if the dividend growth rate is unaffected.
In her research report Mnoyan identifies several countries and industries with attractive investment potential. She notices that the telecommunications sector in one of the countries is characterized by a duopoly. The $50 billion telecom industry in another country in her analysis is dominated by h\e firms with market shares of $10 billion each.
Finally, Vadney and Mnoyan discuss investment opportunities in specific firms. Mnoyan values firms using both the discounted cash flow model and the franchise value method. She makes the following statements on the franchise value method:
Statement 1: A higher asset turnover ratio increases the franchise P/E ratio, one of the components of the intrinsic P/E value.
Statement 2: When firms pay out profits as dividends at a higher rate, a firm's intrinsic P/E value decreases.
The three-firm concentration ratio of the $50 billion telecom sector, and the level of the industry's concentration, respectively, is:
A. 1.00 for the three firms in a very highly concentrated industry.
B. 0.12 for the three firms in a moderately concentrated industry.
C. 0.60 for the three firms in a highly concentrated industry.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The three-firm concentration ratio is simply the aggregate of the market share of the three largest firms in the industry. Since each firm represents a market share of $10 / $50 = 0.20, the concentration ratio is 3 x
0.20 = 0.60, or 60%. This characterizes a relatively highly concentrated industry with little competition from each firm. (Study Session 11, LOS 36.c,d)
