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Exam Code: 2016-FRR
Exam Name: Financial Risk and Regulation (FRR) Series
Vendor: GARP

60 Questions & Answers
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NEW QUESTION: 1
Your client's department administrative assistant (only) is allowed to self-approve the office supplies requisitions up to $5,000.00. For all other types of requisitions, there is no approval authority.
The company's location is Ann Arbor.
The purchasing category for office supplies is Office.Supplies.
The chart of accounts follows this format: Company.Business Group.Cost Center.Account.Future.
Your client's company account code is "01," business group is "100," cost center (or department) is "560," the account for office supplies is "67549," and the future segment is always "000000." Which approval group setup would enable this restrictive purchasing practice?
A. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From:
01.100.560. 67549.000000 To: 01.100.560. 67549.000000Category Range: Amount Limit =
$5,000Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup =
'Owner can Approve'
B. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From:
01.100.560. 00000.000000 To: 01.100.560. 99999.000000Location: Amount Limit = $5,000 and Location = Ann Arbor
C. Document Total: Amount Limit = $5,000.00Location: Amount Limit = $5,000 and Location = Ann ArborCategory Range: Amount Limit = $10,000Category Range: From x.Supplies To: Office.Supplies
D. Set the Document Total object to include an amount limit of $5,000.00Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to
01.100.560.99999.000000.Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to 01.100.560.99999.000000.Set the Requisition Document Type setup to 'Owner can Approve'.
E. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000.Account Range: From:
01.100.560. 67549.000000 To 01.100.560. 67549.000000Category Range: Amount Limit =
$5,000Category Range: From Office.Supplies To: Office.Supplies
Answer: A

NEW QUESTION: 2
Multiple selection Which of the following indicators can be used to evaluate the pros and cons of vehicle algorithms
A. License plate recognition rate
B. License plate false detection rate
C. Vehicle capture rate
D. Vehicle false detection rate
Answer: A,C

NEW QUESTION: 3
A VPN instance is a VPN routing and forwarding (VRF) table. A PE maintains multiple routing and forwarding tables, including a public routing and forwarding table, and one or more VRFs as well as VPNv4 routing and forwarding tables.
A. FALSE
B. TRUE
Answer: B


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