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NEW QUESTION: 1


Answer:
Explanation:

Explanation

References:
https://docs.microsoft.com/en-us/azure/azure-resource-manager/resource-group-authenticate-service-principal-cl

NEW QUESTION: 2
If you were to argue that the firm's cost of equity increases as the dividend payout decreases, you would be making an argument ________ with MM's dividend irrelevance theory, and ________ with Gordon and Lintner's "bird-in-the-hand" theory.
A. inconsistent; consistent
B. the argument does not make sense; neither theory involves the cost of equity capital
C. inconsistent; inconsistent
D. consistent; inconsistent
E. consistent; consistent
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The main conclusion of MM's irrelevance theory is that dividend policy does not affect the required rate of return on equity. Gordon-Lintner disagreed stating that k(s) decreases as the dividend payout is increased because investors are less certain of receiving the capital gains which should result from retaining earnings than they are of receiving dividends. They said that investors value expected dividends more highly than expected capital gains because the dividend yield is less risky than the growth component in the total expected return equation, k(s) = D1/Po + g. MM disagreed and theorized that k(s) is independent of dividend policy, implying that investors are indifferent between dividends and capital gains. MM called the Gordon-Lintner's study the bird-in-the- hand fallacy, because MM thought the riskiness of the firm's cash flows to investors in the long run is determined by the riskiness of the operating cash flows, not by dividend policy.

NEW QUESTION: 3
Given the code fragment:

What is the result?
A. Compilation fails at line n1.
B. Word: why Word: what Word: when
C. Word: why what when
D. Word: why Word: why what Word: why what when
Answer: C

NEW QUESTION: 4
Which of the following characteristics distinguishes computer processing from manual processing?
A. The potential for systematic error is ordinarily greater in manual processing than in computerized
processing.
B. Errors or irregularities in computer processing will be detected soon after their occurrences.
C. Computer processing virtually eliminates the occurrence of computational error normally associated
with manual processing.
D. Most computer systems are designed so that transaction trails useful for audit purposes do not exist.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Computer processing virtually eliminates the occurrence of (random) computational
errors normally associated with manual processing. This is a major benefit of computer processing over
manual processing.
Choice "B" is incorrect. Depending on human involvement and review, errors or irregularities in computer
processing may not be detected quickly.
Choice "C" is incorrect. The potential for systematic errors (e.g., incorrect programming, incorrect data
entry) is greater in a computerized system due to reduced human involvement in processing.
Choice "D" is incorrect. Only poorly designed computerized systems provide no audit trail capabilities.