Guidewire InsuranceSuite-Analyst Q&A - in .pdf

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  • Exam Name: Associate Certification - InsuranceSuite Analyst - Mammoth Proctored Exam
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NEW QUESTION: 1
CORRECT TEXT
A record type for opportunity can be created before creating any Sales Process for opportunity.
Answer:
Explanation:
At least 1 Sales Process has to exist for being able to createa record type on opportunity.
Same applies for Lead Process of Leads & Lead Record Type, Support Process of Cases & Case
Record Type, Solution Process of Solution & Solution Record Type.

NEW QUESTION: 2
Statements of financial position as at 31 December 20X8 for JK, LM and PQ are as follows:

[1] JK purchased 80% of LM's $1 equity shares on 1 January 20X8 for $260,000 when the retained earnings of JK were $110,000. At that date the non-controlling interest had a fair value of $63,000.
[2] JK purchased 25% of PQ's $1 equity shares on 1 January 20X8 for $90,000 when the retained earnings of PQ were $96,000.
[3] During the year JK sold goods to LM for $32,000 at a mark up of 33.33% on cost. Half of the goods were still in LM's inventory at 31 December 20X8.
[4] LM transferred $32,000 to JK on 30 December 20X8 in settlement of the inter-group trade. JK did not record the cash in its financial records until 2 January 20X9.
Calculate the value of inventory that would be included in JK's consolidated statement of financial position at 31 December 20X8.
Give your answer to the nearest $.
Answer:
Explanation:
$224000

NEW QUESTION: 3
ACME corporation is implementing dynamic routing on the LAN at its corporate headquarters. The interior gateway protocol that they select must support these requirements: multivendor environment, efficient subnetting, high scalability, and fast convergence.
Which interior gateway protocol should they implement?
A. EIGRP
B. OSPF
C. RIPng
D. BGP
Answer: B

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