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Exam Code: GAFRB
Exam Name: Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)
Version: V22.75
Q & A: 580 Questions and Answers
GAFRB Free Demo download
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NEW QUESTION: 1
A. Option A
B. Option C
C. Option B
D. Option D
Answer: B
NEW QUESTION: 2
Firm A has just paid a cash dividend of $6.2 per share. If the growth rate is expected to be 6% and the price of the stock is $24.90, the expected return on the stock is:
A. 20.39%
B. 24.90%
C. 26.39%
D. 32.39%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Po = D1/(k-g). In this case, g = 6%, D1 = Do*(1+g) = 6.2*1.06 = $6.572 and Po = $24.90. Therefore, k
32.39%. Note that Brigham & Houston refer to k as the cost of retained earnings; this is the same as the expected rate of return demanded by shareholders, which is the same as the rate of return on common equity.
NEW QUESTION: 3
During the implementation planning process, a company decides to migrate various functional data from its legacy systems. These include accounting data, sales data, and purchasing data.
Some functional data elements reference data stored in other tables.
You need to ensure that data types and data elements are imported in the correct order.
In what order should you perform the data migration? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 4
FIRST의 액세스 제어 구현에는 다음이 필요합니다.
A. IS 자원의 분류.
B. IS 자원 목록.
C. IS 자원의 라벨.
D. 액세스 제어 목록 생성.
Answer: B
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