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CIS-RCI real exams

Exam Code: CIS-RCI

Exam Name: Certified Implementation Specialist - Risk and Compliance

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
Which of the following projects would likely result in multiple Internal Rates of Return?
Project A
Initial investment outlay: ($450,000)
t1: $400,000
t2: ($40,000)
t3: $190,000
Project B
Initial investment outlay: ($50,000)
t1: $0.00
t2: $0.00
t3: $75,000
Project C
Initial investment outlay: ($300,000)
t1: $15,000
t2: ($34,000)
t3: $0.00
t4: $400,000
Project D
Initial investment outlay: ($100,000)
t1: $150,000
t2: $380,000
t3: $45,000
t4: $45,000
Project E
Initial investment outlay: ($1,000,000)
t1: $1,500,000
t2: $1,300
t3: $0.00
t4: $60,000
A. None of these choices
B. The answer cannot be determined from the information provided
C. Project A, Project C,
D. Project D, Project E
E. Project C, Project E
F. Project B, Project D
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In evaluating projects with "non-normal cash flows" the Internal Rate of Return method will often produce multiple IRRs which leads to an incorrect accept/reject decision. Non-normal cash flows are defined as cash flows in which the sign changes more than once. Projects A, and C involve cash outflows superimposed within their cash inflows, resulting in a sign change from positive to negative and negative to positive. In examining projects such as these, it is advisable to use either the NPV or MIRR methods, which are not subject to the problem of multiple IRRs. From observation alone, we can determine that project A and C are non-normal projects, and are thus likely to result in multiple IRR calculations. While project B, D, and E have periods of zero cash flow, they have only one change of sign in the overall cash flow process, and therefore should be characterized as "normal." While the cost of capital has been provided, it is not necessary for the determination of the correct answer in this case. What you should look for are projects with non-normal cash flows, and this should not involve any computational analysis.
Besides, the cost of capital is not incorporated into the Internal Rate of Return calculation, rather is a component of the NPV and MIRR.

NEW QUESTION: 2
The JHG Company has used discriminatory hiring practices in the past but they adjusted their practices and are following federal laws now to ensure that fair hiring practices are met. However, the JHG Company has an employee referral program as a primary source to recruit new employees. What danger may the JHG Company be exposed to in this scenario?
A. Not finding qualified racially diverse candidates
B. Succumbing to an adverse impact
C. Perpetuating past unintentional practices
D. Perpetuating past discrimination practices
Answer: D

NEW QUESTION: 3
What is the default calculation order for ASO database?
A. Accounts, Time, all remaining dimensions in ascending order of member count
B. Time, Accounts, all remaining dimensions in ascending order of member count
C. Accounts, Time, all remaining dimensions in descending order of member count
D. Dynamic hierarchies, Stored hierarchies
E. Stored hierarchies, Dynamic hierarchies
F. Time, Accounts, all remaining dimensions in descending order of member count
Answer: E
Explanation:
Explanation: Aggregate storage calculation order and block storage calculation order differ. For aggregate storage databases, Essbase calculates data in the following order:1.Aggregates members of stored hierarchies and attribute dimensions. The order in which members and dimensions are aggregated is optimized internally and changes according to the nature of the database outline and the existing aggregations...2.Calculates dynamic hierarchy dimension members and formulas...
Note: BSO calculations order:
First, Accounts
Second, Time
Third, remaining dense dimensions
Fourth, remaining sparse dimensions
Two Pass Calculation

NEW QUESTION: 4
You are developing a customer web form that includes the following HTML.
<label id="txtValue"X/label>
Information from the web form is submitted to a web service. The web service returns the following JSON object.
{
"Confirmation": "1234",
"FirstName": "John"
}
You need to display the Confirmation number from the JSON response in the txtValue label field.
Which JavaScript code segment should you use?
A. $("#txtValue").val (JSONObject.Confirmation);
B. $("#txtValue").text = (JSONObject.Confirmation);
C. $("#txtValue").val = (JSONObject.Confirmation);
D. $("#txtValue").text (JSONObject.Confirmation);
Answer: D
Explanation:
Explanation
Incorrect:
not A, not B: A label object has no value attribute.
Reference:
http://api.jquery.com/text/

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