
CTS Real Exam Questions - CTS Reliable Exam Braindumps, Certified Technology Specialist Free Sample Questions - FreeTorrent

Exam Code: CTS
Exam Name: Certified Technology Specialist
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Which two services do you need to configure before you provision CIFS access in Cloud Volumes ONTAP?
(Choose two.)
A. Active Directory
B. FPolicy
C. NIS
D. ONS
Answer: B,D
NEW QUESTION: 2
Jenna Stuart is a financial analyst for Deuce Hardware Company, a U.S. company that reports its results in
U.S. dollars. Wayward Distributing, Inc., is a foreign subsidiary of Deuce Hardware, which began operations on January 1,2007. Wayward is located in a foreign country and reports its results in the local currency called the Rho. Selected balance sheet information for Wayward is shown in the following table.
Stuart has been asked to analyze how the reported financial results of Wayward will be affected by the choice of the all-current or temporal methods of accounting for foreign operations. She has gathered the following exchange rate information on the $/Rho exchange rate:
* Spot rate on 1/01/08: $0.35 per Rho
* Spot rate on 12/31/08: $0.45 per Rho
* Average spot rate during 2008: $0.42 per Rho
Suppose for this question only that Stuart has determined that (1) the operating, financing, and investing decisions related to Wayward's operations are typically made by Wayward's local management located in the foreign country; and (2) some of Wayward's accounts receivable are denominated in a different foreign currency called the Del (DI). Which method is the best to use to translate the Del receivables into Rho, according to U.S. GAAP?
A. The temporal method.
B. The all-current method.
C. The method will depend on inflation.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In this example, the Del is the local currency, the Rho is the functional currency (because Wayward is an independent subsidiary), and the U.S. dollar is the reporting currency. The appropriate application of U.S.
GAAP is to first remeasure the Del receivables from Del to Rho using the temporal method. (Study Session
6, LOS 23.c)
NEW QUESTION: 3
Which property is required to enable Google Drive that will show up in the upload widget?
A. googledrive.web.disabled=false
B. google.drive=enabled
C. google.drive=false
D. googledrive.web.disabled=true
Answer: D
NEW QUESTION: 4
According to the Standards, the internal audit activity must evaluate risk exposures relating
to which of the following when examining an organization's risk management process?
1.Organizational governance.
2.Organizational operations.
3.Organizational information systems.
4.Organizational structure.
A. 1 and 3 only
B. 1, 2, and 3 only
C. 2 and 4 only
D. 1, 2, and 4 only
Answer: B
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