350-701 Practice Questions

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NEW QUESTION: 1
A customer requires a massscale-out storage solution to organize, store, manage and access unstructured data.
The system must be highly secure, with no single point of failure, and unlimited scalability. The data must be stored economically across 4 sites with continuous access todata, even if one site is offline.
Which product should the technical specialist recommend?
A. IBM Virtual Tape Server Grid
B. IBM Spectrum Scale
C. IBM High Performance Storage System
D. IBM Cloud Object Storage
Answer: B

NEW QUESTION: 2
If Projects A and B are mutually exclusive, which of the following statements is true?
A. The company should undertake Project only.
B. The company should undertake Project A only.
C. The company should not undertake either project
D. The company should undertake both projects.
Answer: A
Explanation:
For two mutually exclusive projects the company should undertake the project with the highest positive net present value Project B. has a higher NPV than Project A. The NPVs of both projects are calculated using the firm's 8% cost of capital as follows.

A company that annually reviews its investment opportunities and selects appropriate capital expenditures for the coming year is presented with two projects, called Project A and Project B. Best estimates indicate that the investment outlay for Project A is US $30,000 and for Project B. is US $1 million. The projects are considered to be equally risky. Project A is expected to generate cash inflows of US $40,000 at the end of each year for 2 years. Project B. is expected to generate cash inflows of US $700,000 at the end of the first year and US $500,000 at the end of the second year. The company has a cost of capital of 8%.

NEW QUESTION: 3
An organization is considering services it can successfully provide to its customers. One of the services, however, is deemed to be difficult to offer with a high degree of certainty of success. The organization has decided not to offer the service because of the risk in offering the service, and failing. What risk response is used in this scenario?
A. Avoidance
B. Transference
C. Sharing
D. Mitigation
Answer: A
Explanation:
Reference: PHR Exam prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter 8: Risk Management. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Risk Management
Objective: Risk Management