Exam Code: ADX-201
Exam Name: Essentials for New Lightning Experience Administrators
Version: V13.25
Q & A: 72 Questions and Answers
ADX-201 Free Demo download
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NEW QUESTION: 1
What is the minimum cycle time that can be set for SRDF/A Multi-Session Consistency?
A. 1 seconds
B. 15 seconds
C. 3 seconds
D. 5 seconds
Answer: A
Explanation:
Reference https://www.slideshare.net/DanielGarfado/emc-srdf (33)
NEW QUESTION: 2
A storage administrator has created LUNs for FC access.
What must each LUN have configured to allow access?
A. LUN OS type set to default values, ALUA set on host using DSM, igroup with WWPNs from host HBAs
B. LUN OS type set host OS, igroup with all IQNs from host HBAs, igroup mapped to each FC port using port sets
C. LUN OS type set host OS, igroup with WWPNs from host HBAs, LUN mapped to an igroup
D. Igroup with WWPNs from host HBAs, ALUA set on host using host utility kit, LUN OS type set to default values
Answer: C
NEW QUESTION: 3
You plan to deploy a database to SQL Azure. You are designing two stored procedures named USP_1 and USP_2 that have the following requirements:
* Prevent data read by USP_1 from being modified by other active processes.
* Allow USP_2 to perform dirty reads.
You need to recommend the isolation level for the stored procedures.
The solution must maximize concurrency.
Which isolation levels should you recommend? To answer, drag the appropriate isolation level to the correct stored procedure in the answer area.
Answer:
Explanation:
Explanation
SP1 - repeatable read; SP2 - read uncommited
Note:
- SP1: repeatable read a repeatable read scan retains locks on every row it touches until the end of the transaction. Even rows that do not qualify for the query result remain locked. These locks ensure that the rows touched by the query cannot be updated or deleted by a concurrent session until the current transaction completes (whether it is committed or rolled back).
- SP2: read uncommitted permits repeatable reads
NEW QUESTION: 4
An auditor's inquiries of management disclosed that the entity recently invested in a series of energy
derivatives to hedge against the risks associated with fluctuating oil prices. Under these circumstances,
the auditor should:
A. Examine the contracts for possible risk exposure and the need to recognize losses.
B. Perform analytical procedures to determine if the derivatives are properly valued.
C. Confirm the marketability of the derivatives with a commodity specialist.
D. Document the derivatives in the auditor's communication with those charged with governance.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Generally accepted accounting principles specify that, in order to qualify for hedge
treatment, the entity must demonstrate and disclose a number of transaction features including risk
exposure. The auditor would therefore need to examine the contracts to evaluate the character of the
hedge and the degree to which losses should be recognized in the determination of income, as well as the
character of any disclosures.
Choice "A" is incorrect. Generally accepted accounting principles require this derivative to be valued at fair
value. While the auditor does need to test management's assertions about fair value, analytical procedures
are not the most likely way to do this. More likely, the auditor would obtain quoted market prices from
financial publications, the exchanges, the National Association of Securities Dealers Automated
Quotations System (NASDAQ), or pricing services. If quoted market prices were not available, estimates
based on valuation models would be used.
Choice "C" is incorrect. The auditor would not generally confirm marketability with a commodity specialist,
but rather would test the valuation of such securities by reference to quoted market prices, by using pricing
services, or based on a valuation model.
Choice "D" is incorrect. There is no requirement that investments in derivatives be communicated to those
charged with governance.
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