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  • Exam Code:ISO-27701-CLA
  • Exam Name:ISO/IEC 27701 - Certified Lead Auditor Exam
  • Total Questions:765 Questions and Answers
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NEW QUESTION: 1
Which type of connection or protocol does the Summarization and Pruning agent use to connect with the warehouse database?
A. HTTP
B. JDBC
C. IP.PIPE
D. SOAP
Answer: B
Explanation:
Reference: http://publib.boulder.ibm.com/infocenter/tivihelp/v61r1/index.jsp?topic=%2Fcom.ibm.itm.doc_6.3% 2Finstall%2Fonecomp_inst_pro.htm

NEW QUESTION: 2
What component of the strategic planning process is responsible for creating the company's vision statement?
A. Formulate strategy stage
B. Pre-planning stage
C. Implement strategy stage
D. Environmental scan stage
Answer: A
Explanation:
Explanation/Reference:
Answer option A is correct.
The formulate strategy stage creates several things for the organization: vision, mission, corporate values, and corporate goals. As strategic planning can happen many times in an organization's life cycle, it may also be a refinement of the goals, vision, and mission.
Answer option D is incorrect. The environmental scan stage identifies where the organization is now.
Answer option B is incorrect. The pre-planning stage defines the process, participants, time, and planning tools for the strategic planning.
Answer option C is incorrect. The implement strategy stage defines how the organization will achieve the vision, mission, and goals of the organization.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Strategy

NEW QUESTION: 3
The purpose of SAP Solution Manager is to smoothly integrate various SAP solutions to achieve which of the following:
There are 4 correct answers to this question.
Response:
A. Optimal support for operations
B. Faster implementation
C. Faster internet access
D. Faster issue resolution
E. Optimal access to support
Answer: A,B,D,E

NEW QUESTION: 4
Should CyberAge use trade credit and continue paying at the end of the credit period?
A. No, if the cost of alternative long-term financing is greater.
B. Yes, if the entity's weighted-average cost of capital is equal to its weighted-average cost of trade credit.
C. Yes, if the cost of alternative short-term financing is greater.
D. Yes, if the cost of alternative short-term financing is less.
Answer: C
Explanation:
The entity is currently paying an annual rate of 25.2% as determined below) to obtain trade credit and pay at the end of the credit period. This policy should be continued if trade credit is the only source of financing, or if other sources are available only at a higher rate. The annual rate is determined as follows If the entity pays Web Master within 10 days. it will US $500 2% X $25,000). Thus the entity is effectively paying US $500 to retain US $24,500 $25,000 - $500) for 20 days 30 - 10). The annualized interest rate on this borrowing is 36.7346% [(US $500 - $24,500) x 360 days - 20 days)]. The annualized rate on this borrowing is 36,7346% [(US $500 - $24,500) x 360 days - 20 days)]. Similarly the entity 90
- 10). The annualized rate on this borrowing is 23,6842% [(US $2,500 / $47,500 x 360 days / 80 days)]. The average amount borrowed from Web Master is US $16,333,33 [1 month x $24,500 x 20 days / 30 days)] and the average amount borrowed from Softidee is US $125,666,67 [3 months x $47,500 x 80 days / 90 days)]. Thus, the weighted average of these two rates based on average borrowings is 25.2% {(36.7346% x US $16,333,33) + 23,6842% x $126,666.67)]. / $16,333,33) + (23.6842% $126,666,66}] / $16,333,33 + $126,666,67)].

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