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CIPS L4M1 Test Dumps Free | New L4M1 Dumps Pdf & L4M1 Reliable Test Cost - FreeTorrent

L4M1

Exam Code: L4M1

Exam Name: Scope and Influence of Procurement and Supply

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1

A. Mail server
B. File server
C. Print server
D. Web server
Answer: A

NEW QUESTION: 2
Simple Simon owns 1,000 shares in the Pasty Pie Corporation, which has just declared a stock dividend of
5%. Just prior to this announcement, Pasty Pie was selling for $10 a share. This announcement will:
A. increase Pasty's shares outstanding and reduce Simple's proportionate ownership in the firm.
B. increase the number of shares that Simple owns to 1,050, but this will not affect the market value of Simple's holdings.
C. increase Simple's cash by the amount of the dividend paid: 0.05 x $10 = $0.50 x 1,000 shares = $500.
D. increase the number of shares that Simple owns to 1,050, which will increase the market value of the shares that he owns from $10,000 to $10,500.
Answer: B
Explanation:
Explanation/Reference:
Explanation: If Simple Simon owns 1,000 shares of Pasty Pie Corporation when Pasty declares a 5% stock dividend, the stock dividend will increase his number of shares to 1,050, but it will not affect the market value of Simple's holdings since the market price per share will also decrease proportionately. The aggregate market value of the firm stays the same, but the number of shares outstanding increases, resulting in a lower market value per share. Simple's proportionate ownership remains the same because his shares increased in the same percentage as the shares outstanding of the firm did. A stock dividend does not result in any cash payments to the shareholders.

NEW QUESTION: 3
View the Exhibit and examine the structure of the CUSTOMERS table. Evaluate the query statement:

What would be the outcome of the above statement?

A. It executes successfully.
B. It executes successfully only if the CUST_CREDIT_LIMIT column does not contain any null values.
C. It produces an error because the condition on CUST_LAST_NAME is invalid.
D. It produces an error because the AND operator cannot be used to combine multiple BETWEEN clauses.
Answer: A

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