Scrum PSM-III Q&A - in .pdf

  • PSM-III pdf
  • Exam Code: PSM-III
  • Exam Name: Professional Scrum Master level III (PSM III)
  • PDF Version: V13.25
  • Q & A: 85 Questions and Answers
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  • Exam Code: PSM-III
  • Exam Name: Professional Scrum Master level III (PSM III)
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  • Q & A: 85 Questions and Answers
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  • PSM-III Testing Engine
  • Exam Code: PSM-III
  • Exam Name: Professional Scrum Master level III (PSM III)
  • PC Software Version: V13.25
  • Q & A: 85 Questions and Answers
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NEW QUESTION: 1
A network engineer is planning to deploy a network management system (NMS) to monitor a large campus network. What is the most secure way to isolate the NMS network traffic to all monitored routers and switches?
A. create a management VLAN for the NMS
B. add the NMS IP address to the permissions for each device
C. open onlythe appropriate ports on the routers and firewalls
D. enable SNMPv3 on the switches
Answer: A

NEW QUESTION: 2
Which Unisphere Analyzer metric is most useful when determining whether an application's read IO access pattern is random or sequential?
A. Prefetch Bandwidth
B. Average Busy Queue Length
C. Read Cache Hits/s
D. Response Time
Answer: C

NEW QUESTION: 3
What step activates the Warranty subscreen as part of the equipment master data record?
A. Adding the Warranty subscreen in the Object Information view of the equipment master data record
B. Adding the Warranty subscreen in View Profiles for Technical Objects
C. Setting the Master Warranty indicator in the equipment master data
D. Setting the Use-in-Equipment indicator in the Master Warranty transaction
Answer: B

NEW QUESTION: 4
Delicious Candy Company (Delicious) is a leading manufacturer and distributor of quality confectionery products throughout Europe and Mexico. Delicious is a publicly-traded firm located in Italy and has been in business over 60 years.
Caleb Scott, an equity analyst with a large pension fund, has been asked to complete a comprehensive analysis of Delicious in order to evaluate the possibility of a future investment.
Scott compiles the selected financial data found in Exhibit 1 and learns that Delicious owns a 30% equity interest in a supplier located in the United States. Delicious uses the equity method to account for its investment in the U.S. associate.

Scott reads the Delicious's revenue recognition footnote found in Exhibit 2.
Exhibit 2: Revenue Recognition Footnote
__________________________________________________________________________________ in millions__________________________________________________________________________ Revenue is recognized, net of returns and allowances, when the goods are shipped to customers and collectability is assured. Several customers remit payment before delivery in order to receive additional discounts. Delicious reports these amounts as unearned revenue until the goods are shipped. Unearned revenue was €7,201 at the end of 2009 and €5,514 at the end of 2008.
Delicious operates two geographic segments: Europe and Mexico. Selected financial information for each segment is found in Exhibit 3.

At the beginning of 2009, Delicious entered into an operating lease for manufacturing equipment. At inception, the present value of the lease payments, discounted at an interest rate of 10%, was 6300 million. The lease term is six years and the annual payment is 669 million. Similar equipment owned by Delicious is depreciated using the straight-line method and no residual values are assumed.
Scott gathers the information in Exhibit 4 to determine the implied "stand-alone" value of Delicious without regard to the value of its U.S. associate.

Using the data found in Exhibit 1 and Exhibit 4, Delicious's implied P/E multiple without regard to its U.S.
associate is closest to:
A. 14.0.
B. 14.8.
C. 15.1.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Delicious's implied value without its U.S. associate is €90,736 [€97,525 Delicious market cap - €6,739 pro- rata share of associates market cap ($32,330 x 30% x €0.70 current exchange rate)].
Delicious's net income without associate is €6,147 (€6,501 net income - €354 pro-rata share of income from associate).
Implied P/E = 14.8 (€90,736 Delicious implied value without associate / €6,147 Delicious net income without associate). (Study Session 7, LOS 26.e)

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