CIPS L4M2 Q&A - in .pdf

  • L4M2 pdf
  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
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NEW QUESTION: 1
Which two processes are implemented within the Application Platform model of the Microsoft Dynamics 365 for Finance and Operations application stack? Each correct answer presents a complete solution.
A. Integrate workflow processes with external applications.
B. Define the legal entity of your organization.
C. Create SSRS-based business documents.
D. Create an address book for each company business unit.
Answer: A,C
Explanation:
Explanation: References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/dev-itpro/dev-tools/application-stack-serverarchitecture

NEW QUESTION: 2
Which statement about roll back operations is correct?
A. When a ROLLBACK TO SAVEPOINT statement is executed, all locks acquired after the savepoint are released.
B. When a ROLLBACK statement is executed, all locks held by the terminating transaction are released.
C. When a ROLLBACK TO SAVEPOINT statement is executed, all locks acquired up to the savepoint are released.
D. When a ROLLBACK statement is executed, all locks acquired for open cursors that were declared WITH HOLD, are held.
Answer: B
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
DRAG DROP
On the left are various network protocols. On the right are the layers of the TCP/IP model. Assuming a reliable connection is required, move the protocols on the left to the TCP/IP layers on the right to show the proper encapsulation for an email message sent by a host on a LAN. (Not all options are used.) Select and Place:

Answer:
Explanation:


NEW QUESTION: 4
Comfort letters ordinarily are addressed to:
A. The client's audit committee.
B. Creditor financial institutions.
C. The Securities and Exchange Commission.
D. Underwriters of securities.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Comfort letters (containing comments on data that have not been audited) ordinarily
are addressed to underwriters of securities, and most likely convey negative assurance on financial
information.
Choice "A" is incorrect. The SEC is not the addressee.
Choice "C" is incorrect. Creditor financial institutions are not the addressees.
Choice "D" is incorrect. While the client (or its audit committee) may receive a copy, ordinarily comfort
letters are addressed to the underwriters.

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