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Exam Code: CIMAPRA19-F03-1
Exam Name: F3 Financial Strategy
Vendor: CIMA

60 Questions & Answers
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NEW QUESTION: 1


Answer:
Explanation:

Explanation


NEW QUESTION: 2
The following information is available for an entity for the quarter ended March 31 of the current year:

The gross profit margin is normally 200 of sales. What is the estimated cost of the merchandise inventory at March 31 of the current year?
A. US $60.000
B. US $40,000
C. US $20,000
D. US $180,000
Answer: A
Explanation:
The gross profit margin percentage is given as 20% of sales. Hence, cost of goods sold must have been US $160,000 [$:4110,000 sales x1_0 - 2)]. The estimated cost of the inventory at March 31 is computed as follows:

C:\Documents and Settings\usernwz1\Desktop\1.PNG An entity had the following opening and closing inventory balances during the current

The following transactions and events occurred during the current year:
US $300,000 of raw materials were purchased, of which US $20,000 were returned
because of defects. US $600,000 of direct labor costs were incurred.
US $750,000 of production overhead costs were incurred.

NEW QUESTION: 3
A security administrator implements a web server that utilizes an algorithm that requires other hashing standards to provide data integrity. Which of the following algorithms would meet the requirement?
A. HMAC
B. RIPEMD
C. SHA
D. MD5
Answer: C

NEW QUESTION: 4
Refer to the exhibit.

An engineer is required to verify that the network parameters are valid for the users wireless LAN connectivity on a /24 subnet. Drag and drop the values from the left onto the network parameters on the right. Not all values are used.

Answer:
Explanation:



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