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  • Exam Number/Code : AAPC-CPC
  • Exam Name : American Academy of Professional Coders: Certified Professional Coder
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which two statements are true about Data Manipulation Language (DML) statements?
A. An INSERT INTO... VALUES..... statement can add a single row based on multiple conditions on a table.
B. An UPDATE... SET...statement can modify multiple rows based on multiple conditions on a table.
C. An UPDATE....SET....statement can modify multiple rows based on only a single condition on a table.
D. A DELETE FROM.....statement can remove multiple rows based on multiple conditions on a table.
E. A DELETE FROM.....statement can remove rows based on only a single condition on a table.
F. An INSERTINTO...VALUES..statement can add multiple rows per execution to a table.
Answer: B,D
Explanation:
Explanation/Reference:
References:
http://www.techonthenet.com/sql/and_or.php

NEW QUESTION: 2

A. Set-CsUser
B. New-RetentionPolicyTag
C. Start-ManagedFolderAssistant
D. Enable-JournalRule
E. Set-MailboxJunkEmailConfiguration
F. Set-CsPrivacyConfiguration
G. Set-MalwareFilterPolicy
H. Set-HostedContentFilterPolicy
Answer: E
Explanation:
Use the Set-MailboxJunkEmailConfiguration cmdlet to configure the junk email rule for specific mailboxes.
The junk email rule helps Microsoft Outlook and Outlook Web App users to automatically remove any spam that gets past anti-spam filters and reaches the users' mailboxes. With this cmdlet, users and administrators can make changes to the junk email rule that's configured for a specific mailbox.
Example: This example disables the junk email rule configuration for the user named David Pelton.
Set-MailboxJunkEmailConfiguration "David Pelton" -Enabled $false

NEW QUESTION: 3
Clay Industries, a large industrial firm, is examining its capital structure. The firm is financed according to the following schedule based on market values:
50% debt
40% common stock
10% perpetual preferred stock
Additionally, consider the following information:
Yield on outstanding debt: 8.50%
Tax rate: 35%
Annual preferred dividend: $2.55
Preferred stock price: $25.97
Return on equity: 16.75%
Dividend payout ratio: 50%
Cost of common stock: 14.25%
Using this information, what is the Weighted Average Cost of Capital for Clay Industries?
A. None of these answers
B. 9.25%
C. 8.97%
D. 9.37%
E. 9.45%
F. 9.37%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
In order to calculate the WACC, it is necessary to first calculate the component after-tax cost of debt, common equity, and preferred equity. Once the cost of these components is determined, they are imputed into the WACC equation, which is as follows:
{WACC = [(% weight of debt securities * cost of debt) + (% weight of common stock * cost of common stock) + (% weight of preferred stock * cost of preferred stock)]} To calculate the component cost of debt, use the following equation:
{After-tax cost of debt = [yield on outstanding debt securities * (1 - tax rate)} Factoring in the given information into this equation would yield the following:
{After-tax cost of debt = [8.50% * (1 - 0.35%)]} = 5.525%
To calculate the component cost of outstanding preferred stock, the following equation must be used:
{Cost of preferred stock = [annual dividend / preferred stock price]}
{Cost of preferred stock - = [$2.55 / $25.97]} = 9.82%.
The final component of the WACC calculation, the cost of common equity, has been provided as 14.25%.
Now that the after-tax cost of debt, preferred stock, and common stock have been determined, the WACC calculation can be found. The calculation of the WACC is as follows:
{[0.50 * 0.05525] + [0.40 * 0.1425] + [0.10 * 0.0982]} = 9.445%

 

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