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CIPS L4M4 Verified Answers - Test L4M4 Dates, L4M4 New Study Guide - FreeTorrent

L4M4

Exam Code: L4M4

Exam Name: Ethical and Responsible Sourcing

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Universal Containers has a batch integration that runs every five minutes to load Shipment records related to existing orders that have been updated in the previous five minutes. the integration is not reporting any errors, but some Shipment records are not being loaded.
What could be the problem?
A. The integration is causing UC to exceedits API limits
B. The Integration cannot find the parent orders for some Shipments.
C. Error reporting is not enabled in Salesforce.
D. The integration takes more than five minutes to run.
Answer: D

NEW QUESTION: 2
You have three computers that run Windows 10 as shown in the following table.

All the computers have C and D volumes. The Require additional authentication at startup Group Policy settings is disabled on all the computers.
Which volumes can you encrypt by using BitLocker Drive Encryption (BitLocker)? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation
Volume C on = Computer 2 and 3 only
Volume D on = C1, C2, C3
The "Require additional authentication at startup" setting is located in the Computer Configuration\ Administrative Templates\ Windows Components\ BitLocker Drive Encryption\ Operating System Drives path. If the policy is disabled and there is no TPM chip installed, operating system drives can not be encrypted using BitLocker. Additional data volumes can be protected using a password as a key protector for example.
References:
https://www.windowscentral.com/how-use-bitlocker-encryption-windows-10

NEW QUESTION: 3
Dewpoint Systems is a renowned firm, with a total asset turnover of 1.3. A conservative firm, it has a low debt-to-equity ratio of 0.2. It manages to keep 15% of its sales as net profit and pays out 63% of the earnings as dividends. It has a beta of 0.79, at a time when the market risk premium is 6.3%. Assuming a risk-free investment rate of 6.4%, Dewpoint's price-to-earnings multiple equals ________.
A. 13.62
B. 11.59
C. 18.22
D. 23.16
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The Dividend Discount Model implies that the firm's price-to-earnings ratio is given by Po/E1 = (D1/E1)/(k- g) = (dividend payout ratio)/(k-g), using standard notation.
The dividend growth rate is given by g = ROE*(1-dividend payout ratio).
ROE = net income/common equity = (net income/sales)*(sales/assets)*(assets/equity) = profit margin * asset turnover*(1 + debt / equity) = 0.15 * 1.3*(1+0.2) = 23.4%.
Therefore, g = 23.4%*(1-63%) = 8.66%.
The CAPM expected rate of return on the stock is equal to the risk-free rate plus beta times the market premium. So the expected return on the stock is 6.4% + 0.79 * 6.3% = 11.38%. Therefore, the price-to- earnings ratio equals 0.63/(11.38 - 8.66)% = 23.16.

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