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Exam Code: CPCM
Exam Name: Certified Professional Contracts Manager
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
An entity often factors its accounts receivable. The finance company requires an 8% reserve and charges a 1.5% commission on the amount of the receivable. The remaining amount to be advanced is further reduced by an annual interest charge of 16%. What proceedsrounded to the nearest dollar) will the entity receive from the finance company at the time a US $110,000 account that is due in 60 days is turned over to the finance company?
A. US $83,630
B. US $99,550
C. US $96,895
D. US $81,950
Answer: C
Explanation:
The factor will hold out US $8,800$110,000 x 8%) as a reserve against returns and allowances and US $1,650$110,000 1.5%) as a commission. That leaves US 300,50111 to be advanced to the seller. However, interest at the rate of 16% annually is also to be withheld. For 60 days that interest would amount to approximately US $2,655assuming a 360-day year). The proceeds to be given to the seller equal US $96,895$99,550 - $2,655).
NEW QUESTION: 2
When a client computer requests an IP address from OS X Server, in what order do the primary entries in the DHCP log file on the server occur?
A. 1. DHCP REQUEST 2. ACK 3. DHCP DISCOVER 4. OFFER
B. 1. DHCP DISCOVER 2. OFFER 3. DHCP REQUEST 4. ACK
C. 1. DHCP REQUEST 2. DHCP DISCOVER 3. ACK 4. OFFER
D. 1. DHCP DISCOVER 2. DHCP REQUEST 3. OFFER 4. ACK
Answer: B
NEW QUESTION: 3
-- Exhibit-
-- Exhibit --
A. Option A
B. Option D
C. Option C
D. Option B
Answer: A
NEW QUESTION: 4
Which configuration on a switch would be unsuccessful in preventing a DHCP starvation attack?
A. DHCP snooping
B. Rate Limiting
C. Source Guard
D. Port security
Answer: C
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