PMI PMI-ACP Q&A - in .pdf

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NEW QUESTION: 1
When configuring an LDAP Group object, select the option ____________ if you want the gateway to reference all groups defined on the LDAP server for authentication purposes.
A. All Account-Unit's Users
B. Only Group in Branch
C. OU Accept and select appropriate domain
D. Only Sub Tree
Answer: A

NEW QUESTION: 2
You have made changes to the design-time files of several calculation views in your DEV environment. These calculation views belong to the same project. Before deploying your calculation views to a PROD environment, which sequence of steps is required in the DEV environment?
A. Activate the project -> Build the HDB module
B. Build the HDB module -> Build the project
C. Build the project -> Build the HDB module
D. Export the HDB module -> Export the project
Answer: C

NEW QUESTION: 3
Which tool can be used to provide TCO and ROl analysis of an HPE Synergy solution?
Solution: HPE infoSight
A. Yes
B. No
Answer: B

NEW QUESTION: 4
In single period statements, which of the following should not be reflected as an adjustment to the
opening balance of retained earnings?
A. Cumulative effect of a change from LIFO to FIFO in valuing merchandise inventory.
B. Effect of a decrease in the estimated useful life of depreciable equipment.
C. Cumulative effect of a change from the percentage of completion to the completed contract method of
accounting for long-term construction projects.
D. Effect of a failure to provide for uncollectible accounts in the previous period.
Answer: B
Explanation:
Choice "b" is correct. A change in the estimated useful life of a depreciable asset is a change in estimate
handled prospectively. No adjustment to retained earnings is necessary. Choice "a" is incorrect. The
correction of a failure to provide for uncollectible accounts is considered to be a correction of an error. The
opening balance of retained earnings would be adjusted to correct the error. Choice "c" is incorrect. This
change is a change in accounting principle and is handled retrospectively. With retrospective application,
the opening balance of retained earnings would be adjusted to reflect the cumulative effect of the changes.
Choice "d" is incorrect. This change is a change in accounting principle and is handled retrospectively.
With retrospective application, the opening balance of retained earnings would be adjusted to reflect the
cumulative effect of the changes.

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