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- Name: Selling HP MPS Subscription Services 2024
- Exam Code: HP2-I65
- Certification: HP2-I65
- Vendor: HP
- Total Question: 630
- Price: 49$
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NEW QUESTION: 1
A ____________________ is defined as a repetitive and systematic series of steps or activities where inputs are modified or assembled to achieve a customer desired result.
A. Program
B. Procedure
C. Population
D. Process
Answer: D
NEW QUESTION: 2
As an organization grows, exceptions to information security policies that were not originally specified may become necessary at a later date. In order to ensure effective management of business risks, exceptions to such policies should be:
A. considered at the discretion of the information owner.
B. approved by the next higher person in the organizational structure.
C. formally managed within the information security framework.
D. reviewed and approved by the security manager.
Answer: C
Explanation:
Explanation
A formal process for managing exceptions to information security policies and standards should be included as part of the information security framework. The other options may be contributors to the process but do not in themselves constitute a formal process.
NEW QUESTION: 3
Czech Ltd. shipped goods to a customer on December 30, 1998. Since Czech used the shipping company requested by the customer, the customer took the risk of the goods not being delivered by the shipping company. The customer received the goods on January 6, 1999. The selling price of the goods was $57,000. The sale was recorded by Czech on January 2, 1999. Czech had paid $42,000 for the goods and used the periodic method to account for its inventory. Which of the following statements with respect to this transaction is true?
A. Revenues for 1998 are understated by $57,000.
B. Income for 1999 is overstated by $15,000.
C. Income for 1998 is understated by $42,000.
Answer: A
Explanation:
The revenue should be recorded in 1998 since the goods were shipped before the year end.
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