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Exam Code: Sustainable-Investing
Exam Name: Sustainable Investing Certificate(CFA-SIC) Exam
Vendor: CFA Institute

60 Questions & Answers
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NEW QUESTION: 1
TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:

The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and
$20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.
Discuss the usefulness of the planning and operational variances calculated for TP's management.
Select ALL the TRUE statements.
A. The use of planning and operational variances will enable TP's management to draw a distinction between variances caused by factors extraneous to the business and planning errors (planning variances) and variances caused by factors that are within the control of management (operational variances).
B. The purchasing manager's performance can't be compared with the adjusted standards that reflect the conditions the manager actually operated under during the reporting period.
C. If planning and operational variances are not distinguished, there is potential for dysfunctional behavior especially where the manager has been operating efficiently and performance is being judged by factors outside the manager's control. In the case of TP it became evident during the period that the prevailing market prices for materials were significantly less than those set during the budget process.
D. Where a revision of standards is required due to environmental changes that were not foreseeable at the time the budget was prepared, the planning variances are controllable.
E. Standards that failed to anticipate known market trends when they were set will reflect faulty standard setting.
Answer: A,C,E

NEW QUESTION: 2
Note: This question is part of a series of questions that use the same scenario. For your convenience, the scenario is repeated in each question. Each question presents a different goal and answer choices, but the text of the scenario is exactly the same in each question in this series.
Start of repeated scenario.
Your network contains an Active Directory domain named contoso.com. The domain contains a single site named Site1. All computers are in Site1.
The Group Policy objects (GPOs) for the domain are configured as shown in the exhibit. (Click the Exhibit button.)

The relevant users and client computer in the domain are configured as shown in the following table.

End of repeated scenario.
You are evaluating what will occur when you block inheritance on OU4.
Which GPO or GPOs will apply to User1 when the user signs in to Computer1 after block inheritance is configured?
A. A3, A1, A5, and A7
B. A3 and A7 only
C. A1, A5, and A6
D. A7 only
Answer: D
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Which two statements are true about an application that requires a JNDI lookup for a connection factory administered object and then issues a connection with a TIBCO EMS Server? (Choose two.)
A. EMS Server can be used as a JNDI server; the connection factory administered object can be defined in the factories.conf file.
B. You do not need to establish an initial context for that service in order to retrieve (look up) the administered object from a foreign naming/directory service.
C. Different JNDI providers have different initial context factories.
D. You cannot use EMS as a JNDI server; you must store the connection factory administered object in a third-party JNDI server.
Answer: A,C


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