CIS-VRM Test Lab Questions | CIS-VRM Exam Quick Prep & CIS-VRM Valid Exam Duration - Cads-Group

  • Exam Number/Code : CIS-VRM
  • Exam Name : Certified Implementation Specialist - Vendor Risk Management
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Which three restrictions apply when you are paying invoices with a "quick" payment type? (Choose three.)
A. If you want to pay multiple invoices, none can be of an invoice type of prepayment.
B. You can select only those invoices that are due.
C. If you want to pay multiple invoices, none can be a pay-alone invoice.
D. You can select only those invoices that have the same supplier site as the payment supplier site you enter.
E. You can pay only as many invoices as you defined for the remittance advice of the payment document.
Answer: C,D,E

NEW QUESTION: 2
An administrator has created a whitelist entry for the website www.piratesmustdie.com.
This has been applied to the test group, which contains VLANs 10-20. VLANs 1 - 20 are configured on switches in the network. A time range has been applied to the whitelist for the time period 9:00am to 5:00pm.
Which users would be able to access the website?
A. Users in VLAN 10 will be able to access the website at 10:00am.
B. The website is blocked for all users because it has a reputation score of 80 in the RepDV database
C. Users in VLAN 5 will be able to access the website at 11:00pm.
D. All users will be able to access the website at 4:00pm.
Answer: A

NEW QUESTION: 3
At December 31, 1998, Off-Line Co. changed its method of accounting for demo costs from writing off the
costs over two years to expensing the costs immediately. Off-Line made the change in recognition of an
increasing number of demos placed with customers that did not result in sales. Off-Line had deferred
demo costs of $500,000 at December 31, 1997, $300,000 of which were to be written off in 1998 and the
remainder in 1999. Off-Line's income tax rate is 30%. In its 1998 financial statements, what amount
should Off-Line report as cumulative effect of change in accounting principle?
A. $500,000
B. $350,000
C. $200,000
D. $0
Answer: D
Explanation:
Choice "a" is correct. When a change in accounting principle is considered inseparable from a change in
estimate, the change is handled as a change in estimate - prospectively. No cumulative effect adjustment
is made.
Choices "b", "c", and "d" are incorrect since no cumulative effect adjustment is made.

 

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