Quiz CIPS - Professional L3M6 Actual Test Answers - Hospital

CIPS L3M6 exam
  • Exam Code: L3M6
  • Exam Name: Socially Responsible Warehousing and Distribution
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
A company requires up to 20 client IBM i partitions. Each must have redundant access to SAN storage and minimal hardware in the POWER7 system.
Which option will support this?
A. TwoVIOServers, each with one 8Gb dual-port Fibre Channel adapter
B. Two 8Gb dual-port Fibre Channel adapters for each IBM i client partition
C. VIOServerwith a4Gb dual-port Fibre Channel adapter Each IBM i client partition with a 4Gb dual-port Fibre Channel adapter and a virtual Fibre Channel adapter
D. VIOServerwith an 8Gb dual-port Fibre Channel adapter Each IBM i client partition with an 8Gb dual-port Fibre Channel and a virtual Fibre Channel adapter, 2 Fibre Channel switches
Answer: A

NEW QUESTION: 2
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer
A. Dr Unearned Revenue 40,000Cr Revenue 40,000
B. Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
C. Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
D. Dr Accounts Receivables 40,000Cr Revenue 40,000
Answer: B

NEW QUESTION: 3
If you need $25,000 in 10 years, how much must you deposit today, if your money will earn 6% per year, compounded annually?
A. $2,320.01
B. $44,771.19
C. $13,959.87
D. $25,000
E. $23,200.08
Answer: C
Explanation:
Explanation/Reference:
Explanation:
On the BAII Plus, press 10 N, 6 I/Y, 0 PMT, 25000 FV, CPT PV. On the HP12C, press 10 n, 6 i, 0 PMT,
25000 FV, PV. Note that the answer will be shown as a negative number.

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