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NEW QUESTION: 1


Answer:
Explanation:

Explanation


NEW QUESTION: 2
A company has 50,000 stock options outstanding at year-end each convertible into a share of common stock. The exercise price is $30 and the average price of the stock for the year has been $40.
The effect on the calculation of diluted earnings per share would be
A. add $1,500,000 to the numerator and add 50,000 shares to the denominator.
B. leave the numerator unchanged and add 37,500 shares to the denominator.
C. leave the numerator unchanged and add 12,500 shares to the denominator.
Answer: C
Explanation:
There is no effect on the numerator since the cash received from the exercise of the options is not income. The denominator increases by 12,500 based on the treasury method. The method assumes the company would repurchase as many shares as possible with the proceeds from the exercise.
Therefore, 50,000 X $30 = $1,500,000/40 = 37,500. Since they could repurchase 37,500 at the average stock price, there would be 12,500 shares still outstanding.

NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com. Your company has a Microsoft Exchange Server 2007 organization. All client computers have Office 2007 installed. You plan to migrate all users to Office 365. Coexistence between the Exchange on-premises environment and Microsoft Exchange Online is not required. You Migrate a test user named User1 to Exchange Online. After migration, User1 cannot access his email by using Microsoft Office Outlook. User1 can access his email by using Exchange Online Outlook Web Access. You need to ensure that User 1 can access his mailbox by using Outlook. The solution must ensure that other users can continue to access their mailbox. What should you do?
A. On the client computer of User1, modify the Outlook profile.
B. Modify the Autodiscover records in DNS.
C. Modify the mail exchange (MX) records in DNS.
D. On the client computer of User1, upgrade from Outlook 2007 to Outlook 2010.
Answer: A
Explanation:
The user's outlook profile is configured to point to the on-premises server. It needs to be reconfigured to point to the Exchange Online server.

NEW QUESTION: 4
When a computer accesses an HTTPS website, which of the following describes how the browser determines the authenticity of the remote site?
A. Firewall
B. Certificates
C. Software tokens
D. Port security
Answer: B


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CFPS-KR Exam Info

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CFPS-KR Exam Topics

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CFPS-KR Offcial Page

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