ServiceNow CIS-TPRM Q&A - in .pdf

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  • Exam Code: CIS-TPRM
  • Exam Name: Certified Implementation Specialist - Third-party Risk Management
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NEW QUESTION: 1
Assume that your network operates in a regulatory domain that allows use of UNII-1, UNII2, UNII-2e, UNII-3, and the 5.8 GHz ISM band for indoor Wi-Fi. In your upcoming 802.11n deployment, you would like to take advantage of the performance improvements that result from channel bonding. However, after extensive testing, you have determined that your mission-critical WLAN should not use channels requiring DFS support.
Given those two criteria (enable channel bonding and disable DFS channels), in the 5 GHz spectrum, how many non-overlapping channels will your system be able to use?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C

NEW QUESTION: 2
Which of the following is used, if a reference to an object is required to be made when it is passed from one application to another?
A. Marshal By Reference object
B. SingleCall object
C. Singleton object
D. Marshal By Value object
Answer: A

NEW QUESTION: 3
Viper Motor Company, a publicly traded automobile manufacturer located in Detroit, Michigan, periodically invests its excess cash in low-risk fixed income securities. At the end of 2009, Viper's investment portfolio consisted of two separate bond investments: Pinto Corporation and Vega Incorporated.
On January 2, 2009, Viper purchased $10 million of Pinto's 4% annual coupon bonds at 92% of par. The bonds were priced to yield 5%. Viper intends to hold the bonds to maturity. At the end of 2009, the bonds had a fair value of $9.6 million.
On July I, 2009, Viper purchased $7 million of Vega's 5% semi-annual coupon mortgage bonds at par. The bonds mature in 20 years. At the end of 2009, the market rate of interest for similar bonds was 4%. Viper intends to sell the securities in the near term in order to profit from expected interest rate declines.
Neither of the bond investments was sold by Viper in 2009.
On January 1,2010, Viper purchased a 60% controlling interest in Gremlin Corporation for $900 million.
Viper paid for the acquisition with shares of its common stock.
Exhibit 1 contains Viper's and Gremlin's pre-acquisition balance sheet data.

Exhibit 2 contains selected information from Viper's financial statement footnotes.

The amount of goodwill Viper should report in its consolidated balance sheet immediately after the acquisition of Gremlin is closest to:
A. $400 million under the full goodwill method.
B. $250 million under the partial goodwill method.
C. $350 million under the pooling method.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Full goodwill method (in millions)
Fair value of Gremlin $1,500 (900 purchase price / 60% ownership interest) Less: Fair value of Gremlins identifiable net assets 1.100 (700 CA + 950 NCA - 250 CL - 300 LTD) Goodwill $400 Partial goodwill method (in millions) Purchase price $900 Less: Pro-rata share of Gremlin's
identifiable net assets at FV 660 (700 CA + 950 NCA - 250 CL - 300 LTD) x 60% Goodwill $240 Goodwill is not created under the pooling method. (Study Session 5. LOS 21.b)

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