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Exam Code: IAM-Certificate
Exam Name: The Institute of Asset Management Certificate
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
You need to display the date ll-oct-2007 in words as "Eleventh of October, Two Thousand Seven'.
Which SQL statement would give the required result?
A. SELECT TO_CHAR('ll-oct-2007'. 'miDdspth "of Month. Year') FROM DUAL:
B. SELECT TO_DATE(TO_CHAR('ll-oct-20077fiiiDdspth "of" Month. Year')) FROM DUAL:
C. SELECT TO_CHAR(TO_DATE('ll-oct-2007'), 'miDdthsp "of* Month. Year') FROM DUAL;
D. SELECT TO_CHAR(TO_DATE('ll-oct-2007'X 'miDdspth of month, year') FROM DUAL;
Answer: C
NEW QUESTION: 2
In a Summit 5i switch, a MAC address must be configured for each physical port before routing can be configured.
A. FALSE
B. TRUE
Answer: A
NEW QUESTION: 3
Lawson Inc. is expanding its manufacturing plant, which requires an investment of $4 million in new
equipment and plant modifications. Lawson's sales are expected to increase by $3 million per year as a
result of the expansion. Cash investment in current assets averages 30 percent of sales; accounts
payable and other current liabilities are 10 percent of sales. What is the estimated total investment for this
expansion?
A. $3.4 million.
B. $4.3 million.
C. $4.6 million.
D. $4.9 million.
Answer: C
Explanation:
Rule: The expansion of working capital (WC = CA-CL) is treated as an increase in investment. Choice "c"
is correct. $4.6 million estimated total investment for this expansion.
Choices "a", "b", and "d" are incorrect, per the above calculation.
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