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Exam Code: L3M3
Exam Name: Contract Administration
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
ユーザーが1000IOPSのEBSボリュームを作成しました。インスタンスがEBS最適化インスタンスに接続されている場合、EC2 SLAに従ってユーザーが1年のほとんどで取得する平均IOPSはどれくらいですか?
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
As per AWS SLA if the instance is attached to an EBS-Optimized instance, then the Provisioned IOPS volumes are designed to deliver within 10% of the provisioned IOPS performance 99.9% of the time in a given year. Thus, if the user has created a volume of 1000 IOPS, the user will get a minimum 900 IOPS 99.9% time of the year.
Reference: http://aws.amazon.com/ec2/faqs/

NEW QUESTION: 2


Answer:
Explanation:

Explanation

* (box 1) Set-SyncShare
The Set-SyncShare cmdlet modifies the settings for a sync share.
/ parameter: -RequireEncryption<Boolean>
Indicates whether the sync server requests that the contents of Work Folders be encrypted on each PC and device that accesses the sync share.
* (box 2) Set-SyncServerSettings
Parameter: -MinimumChangeDetectionMins<UInt32>
Specifies the time, in minutes, before the Sync Share server detects changes on devices and syncs the client and server.
* (box 3): Example: Modify a sync share to enable inherited permissions This command modifies settings on the share named Share01, and sets KeepParentFolderPermission to enable the share to inherit permissions from the parent folder.
Windows PowerShell
PS C:\> Set-SyncShare Share01 -KeepParentFolderPermission
Reference: Set-SyncShare; Set-SyncServerSettings

NEW QUESTION: 3
Which HP business notebook would you recommend for an executive who needs constant connectivity and enterprise features?
A. HP EliteBook 1000
B. HP ElitePad 900
C. HP 200 Notebook
D. HP Z1 Workstation
Answer: A
Explanation:
The EliteBook 1000 is a cutting edge UltrabookTM design, with constant connectivity, and enterprise featuresfor highly mobile executive and knowledge workers.

NEW QUESTION: 4
Ivan Johnson is reviewing the investment merits of BioTLab, a fast-growing biotechnology company.
BioTLab has developed several drugs, which arc being licensed to major drug companies. BioTLab also has several drugs in phase III trials (phase III trials are the last testing stage before FDA approval).
Johnson notes that two drugs recently received approval which should provide BioTLab solid revenue growth and generate predictable cash flow well into the future. Based on the potential for the two drugs, BioTLab's estimated annual cash flow growth rate for the next two years is 25%, and long-term growth is expected to be 12%. Because of BioTLab's attractive investment opportunities, the company does not pay a dividend. BioTLab's current weighted average cost of capital is 15% and its stock is currently trading at
$50 per share. Financial information for BioTLab for the most recent 12 months is provided below:
* Net working capita! excluding cash increased from $7,460,000 to $9,985,000;
* Book value increased from $81,250,000 to $101,250,000.
* BioTLab currently has no debt.
* Research facilities and production equipment were purchased for $8,450,000.
* BioTLab held non-operating assets in the amount of $875,000.
* Net income for the 12 months was $20,000,000.
* BioTLab has a marginal tax rate of 40%.
* Noncash charges for depreciation and restructuring for the 12 months were $1,250,000.
BioTLab's management has indicated an interest in establishing a dividend and will fund new drug research by issuing additional debt.
Johnson also reviews a competitor to BioTLab, Groh Group, which has a larger segment operating in a highly cyclical business. The Groh Group has a debt to equity ratio of 1.0 and pays no dividends. In addition, Groh Group plans to issue bonds in the coming year.
Johnson prefers to use free cash flow analysis to value investments. Which of the statements below is least accurate in describing the advantages of free cash flow valuation models?
A. A company must generate free cash flow to grow in the long run.
B. Accounting issues limit the usefulness of reported earnings, while free cash flow is adjusted for these issues.
C. Determining free cash flow is easier than dividends.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
An analyst must review the cash flows from a company's operating, investing and financing activities to generate a useful free cash flow, while dividends are simply set by the Board of Directors. Analysts use free cash flow whenever an investor takes a control perspective, such as in the event of an acquisition.
The P/E model is considered weak because accounting issues can impact earnings. Companies that do not generate free cash flow in the long run are in financial trouble. (Study Session 12, LOS41.b,n)


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