ACMP Global CCMP Q&A - in .pdf

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  • Exam Code: CCMP
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NEW QUESTION: 1
Ann, a local librarian, has had a previously used wireless access point donated to her. She has instructed you to configure this new wireless access point for her public library. Ann plans to allow anyone to connect to the access point without having to ask her configuration information. Additionally, Ann knows that her neighbors have wireless networks and wants to ensure that her network does not interfered with the other networks. Ann has provided you with the following information.
Wireless Name: Library
New Router Password: Secure$1
Instructions: Select the Public Library in the diagram to configure the wireless network. Once the wireless network tabs are configured, select the save button. When you have completed simulation, please select the Done button to submit.

Answer:
Explanation:
Check the explanation below.
Explanation:
Make the changes as shown below:

Turn off MAC filtering:

Change the router password:


NEW QUESTION: 2
A network technician is setting up a secure WAP for a small office. The owner insists on using the best security available. Which of the following techniques would BEST protect this WiFi setup?
A. WPS
B. WPA2 AES
C. WEP
D. WPA2 TKIP
Answer: B

NEW QUESTION: 3
De Jong continues her analysis of O'Connor. She is concerned that along with a dividend discount model approach she would also like to get a measure of the contribution that the key managers, Melanie and Arthur O'Connor, have made to the company's apparent ongoing success.
She considers using NOPAT and EVA to assess management performance. She believes that increasing invested capital to take advantage of projects with positive net present values increases both NOPAT and EVA.
However, De Jong decides to use residual income analysis instead. She provides the following justification for using the residual income model:
* The calculation of residual income depends primarily on readily available accounting data.
* The residual income model can be used even when cash flow is difficult to forecast.
* The residual income model does not depend on dividend payments or on positive free cash flows in the near future.
* The residual income model depends on the validity of the clean surplus relation.
She also considers the following assumptions about continuing residual income:
Assumption 1: Residual income is positive and continues at the same level year after year.
Assumption 2: As return on equity approaches the cost of equity, residual income tends to zero.
Assumption 3: Residual income growth declines overtime and eventually reaches zero.
De Jong gathers recent financial information data on O'Connor, as shown in Exhibit I.

De Jong has also determined that at the beginning of 2008, O'Connor had total capital of $324,000,000, of which $251,000,000 was debt and $73,000,000 was equity. The company's cost of debt before taxes is 7%
,and the cost of equity capital is 8%. The company has a tax rate of approximately 34%. Weighted average cost of capital is 5.4%. Net operating profit after tax (before any adjustments) is $28,517,640.
De Jong is interested in obtaining the market's assessment of the implied growth rate in residual income and notes that the book value per share for O'Connor at the beginning of 2009 was $4.29, and the current market price is $70. She forecasts the return on equity (ROE) for 2009 to be 11.84%.
De Jong discusses her analyses with a colleague, who makes the following general statements:
Statement 1: It is usually the case that value is recognized later in the residual income model than in the dividend discount model.
Statement 2: When the present value of expected future residual income is negative, the justified P/B based on fundamentals is less than one.
Is De Jong correct about the likely effects on NOPAT and EVA from increasing invested capital to take advantage of projects with positive net present values?
A. Yes in both cases.
B. Yes in one case, and no in the other.
C. No in both cases.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Increasing invested capital to take advantage of positive NPV projects will increase NOPAT and the dollar cost of capital ($WACC). The increase in NOPAT will be larger rhan the increase in $WACC, so EVA will increase. (Study Session 8, LOS 28.i and Study Session 12, LOS 43.a)

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