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NEW QUESTION: 1
Which function contains optional arguments that utilize the WordParm and LongParm properties of the message object to pass information?
A. ChooseColor()
B. TriggerEvent()
C. GetEnvironment()
D. Open()
Answer: B
NEW QUESTION: 2
As a company becomes more conservative with respect to working capital policy, it would tend to have a
(n):
A. Decrease in the operating cycle.
B. Increase in the ratio of current assets to noncurrent assets.
C. Decrease in the quick ratio.
D. Increase in the ratio of current liabilities to noncurrent liabilities.
Answer: B
Explanation:
RULE: Working capital policy is deemed to be more conservative as an increasing portion of an
organization's long-term assets, permanent current assets, and temporary current assets are funded by
long-term financing.
Choice "d" is correct. An increase in the ratio of current assets to non-current assets would be indicative
of an increasingly conservative working capital policy. With no other information, an increase in current
assets would indicate that a growing percentage of current assets are financed by non current liabilities
and that, nominally, the absolute amount of working capital and the current ratio is improving.
Choice "a" is incorrect. An increase in the ratio of current liabilities to noncurrent liabilities would indicate
that an increasing portion of our assets are funded by current liabilities, a more aggressive approach to
working capital management.
Choice "b" is incorrect. A decrease in the operating cycle implies that the time to convert inventory into
sales (receivables) and receivables into cash has decreased. Assuming no change in liabilities or sales, a
decreased operating cycle infers declining current asset balances, greater funding of assets by current
liabilities and a more aggressive rather than conservative working capital policy.
Choice "c" is incorrect. A decrease in the quick ratio would indicate that either temporary current assets
are decreasing (and are therefore increasingly funded by current liabilities, indicating a more aggressive
working capital policy) or that current liabilities are increasing, signaling a decrease in the amount of
noncurrent liabilities used to fund temporary current assets, a sign of an increasingly aggressive working
capital policy.
NEW QUESTION: 3
Which two statements about vCenter HA are correct? (Choose two.)
A. vCenter HA network latency between nodes must be less than 50 ms
B. It must be deployed on a 3 ESXi host cluster with DRS enabled.
C. ESXi 5.5 or later is required.
D. NFS datastore is supported.
Answer: C,D