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NEW QUESTION: 1
Tom Lee is an active user in a Cisco Unified CM deployment with fully functional LDAP synchronization and authentication to an Active Directory. Daily resynchronization is set at 11:00 pm. At 8:00 am on March 1st 2014, this user was deleted from the AD. What is the status of this user in the Unified CM database at 1:00 am on March 2nd 2014?
A. active
B. inactive
C. delete pending
D. permanently deleted
E. awaiting authorization
Answer: B
NEW QUESTION: 2
What would be the primary reason for a company to agree to a debt covenant limiting the percentage of
its long-term debt?
A. To lower the company's bond rating.
B. To cause the price of the company's stock to rise.
C. To reduce the interest rate on the bonds being sold.
D. To reduce the risk for existing bondholders.
Answer: C
Explanation:
Note: The material tested in this question does not appear specifically on-point in our textbook, as the
topic has rarely shown up on the CPA exam. The topics are covered in general in parts of our textbook, so
we believe that our students would have answered this question correctly given the information they had.
However, we have expanded our Explanation: of this question to provide you with more detailed
information.
Choice "d" is correct. The primary reason for a company to agree to a debt covenant limiting the
percentage of its long-term debt is to reduce the interest rate on NEW bonds being sold. A debt covenant
is a provision in a bond indenture (contract between the bond issuer and the bond holders) that the bond
issuer will either do (affirmative covenants) or not do (negative covenants) certain things. In this question,
the issuer would agree not to issue bonds in the future over a certain percentage of its long-term debt.
Such a provision would be good for the potential bondholders and would probably reduce the interest rate
on the bonds being sold.
Choice "a" is incorrect. The primary reason for a company to agree to a debt covenant limiting the
percentage of its long-term debt is not to cause the price of the company's stock to rise. Bond covenants
affect bonds, not equity (at least not directly).
Choice "b" is incorrect. The primary reason for a company to agree to a debt covenant limiting the
percentage of its long-term debt is not to lower the company's bond rating. Such a covenant might raise,
not lower, a company's bond rating because there would be less risk. Besides, why would a bond
covenant be signed if it would lower the company's bond rating?
Choice "c" is incorrect. The primary reason for a company to agree to a debt covenant limiting the
percentage of its long-term debt is not to reduce the risk of existing bondholders, although a reduction in
the risk of the existing bondholders certainly might result from such a covenant. As a general rule, more
debt means more risk, less debt means less risk. So less debt would reduce the risk of all bondholders.
This answer is a very close second.
NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com.
You plan to implement Network Load Balancing (NLB).
You need to identify which network services and applications can be load balanced by using NLB.
Which three services and applications should you identify?
A. file servers
B. Microsoft Exchange Server 2010 Client Access servers
C. Microsoft Exchange Server 2010 Mailbox server
D. Microsoft SharePoint Server 2010 front-end Web server
E. A DHCP server
F. Microsoft SQL Server 2012 Reporting Services
Answer: B,D,F
NEW QUESTION: 4
An organization decided to install a motion detection system in its warehouse to protect against after-hours theft. According to the COSO enterprise risk management framework, which of the following best describes this risk management strategy?
A. Sharing.
B. Reduction.
C. Avoidance.
D. Elimination.
Answer: B