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Examination 3: Governmental Financial Management and Control (GFMC)

  • Exam Number/Code : GFMC
  • Exam Name : Examination 3: Governmental Financial Management and Control (GFMC)
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
Refer to the exhibit.

Which feature is shown in this configuration?
A. quality of service
B. policy-based routing
C. Optimized Edge Routing
D. performance routing
Answer: B

NEW QUESTION: 2
A client is looking for a high availability solution for their existing Power environment. They have two locations, each with an E870 and DS8800.
What solution provides the best TCO?
A. IBM PowerVP
B. IBM Tivoli Manager for HA
C. Vision Solutions MIMIX
D. IBM PowerHA
Answer: D
Explanation:
Reference: http://www.rocketsoftware.com/sites/default/files/resource_files/IBM%20Systems%20iClust
er%20Solution%20Brief.pdf?flag=meta&product=rocket-icluster-business-continuitysoftware&family=rocket-icluster&solution=archive-and-backupmanagement&resourcetype=datasheet&resourcebn=rocket-software-and-ibm-i-solutioneditions-protect-data-and-complementpowerha&resourcefbn=IBM%20Systems%20iCluster%20Solution%20Brief.pdf (see highlights, second last bullet)

NEW QUESTION: 3
Which of the following ratios would an engagement partner most likely calculate when reviewing the
balance sheet in the overall review stage of an audit?
A. Total debt/total assets.
B. Interest payable/interest receivable.
C. Quick assets/current assets.
D. Accounts receivable/inventory.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. During the final review stage of an audit, the auditor focuses on the overall
presentation of the financial statements. Total debt/total assets indicate the portion of assets financed by
creditors, which is a meaningful ratio to calculate during the final audit review.
Choice "A" is incorrect. Quick assets/current assets simply indicate the percentage of current assets that
are also "quick" assets. It is not a particularly meaningful ratio.
Choice "B" is incorrect. Accounts receivable/inventory is not a meaningful ratio because it compares a
figure based on retail dollars with a cost-based figure.
Choice "C" is incorrect. Interest payable/interest receivable is not a meaningful ratio because these two
amounts are not related.

NEW QUESTION: 4
Which routing protocols are compatible with stubs. (Choose two)
A. OSPF
B. EIGRP
C. RIP
D. BGP
E. IS_IS
F. EGP
Answer: A,B