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ISTQB Certified Tester Advanced Level - Test Manager

  • Exam Number/Code : CTAL-TM-001
  • Exam Name : ISTQB Certified Tester Advanced Level - Test Manager
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
ユーザーがコンピューターをアップグレードするためにプロセッサーを購入しました。インストール後、コンピュータは起動しなくなりますが、すべてが正しくインストールされているように見えます。
新しいプロセッサをインストールする前に、ユーザーは次のうちどれを行うべきですか? (2つ選択してください。)
A. セキュアブートを無効にする
B. オペレーティングシステムを再インストールします
C. BIOSアップデートを確認します
D. 新しいCPUの電力要件を確認します
E. Windows Updateを実行します
F. 高効率の冷却システムを購入
Answer: A,D

NEW QUESTION: 2
Arnaud Aims is assisting with the analysis of several firms in the retail department store industry. Because one of the industry members, Flavia Stores, has negative earnings for the current year, Aims wishes to normalize earnings to establish more meaningful P/E ratios. For the current year (2008) and six previous years, selected financial data are given below. All data are in euros.

Aims wishes to estimate normalized EPS for 2008 using two different methods, the method of historical average EPS and the method of average rate of return on equity. He will leave 2008 EPS and ROI out of his estimates. Based on his normalized EPS estimates, he will compute a trailing P/E for 2008. The stock price for Flavia Stores is €26.50.
Aims is also looking at price-to-book ratios as an alternative to price-to-earnings ratios. Three of the advantages of P/B ratios that Aims recalls are:
Advantage 1: Because book value is a cumulative balance sheet account encompassing several years, book value is more likely to be positive than EPS.
Advantage 2: For many companies, especially service companies, human capital is more important than physical capital as an operating asset.
Advantage 3: Book value represents the historical purchase cost of assets, as well as accumulated accounting depreciation expenses. Inflation and technological changes can drive a wedge between the book value and market value of assets.
Aims used a constant growth DDM to establish a justified P/E ratio based on forecasted fundamentals.
One of his associates asked Aims if he could easily establish a justified price-to-sales (P/B) ratio and price- to-book (P/B) ratio from his justified P/E ratio. Aims replied, "I could do this fairly easily) If I multiply the P/E ratio times the net profit margin, the ratio of net income to sales, the result will be the P/ S ratio. If I multiply the P/E ratio times the return on equity, the ratio of net income to book value of equity, the result will be the P/B ratio." Aims's associate likes to use the price-earnings-to-growth (PEG) ratio because it appears to address the effect of growth on the P/E ratio. For example, if a firm's P/E ratio is 20 and its forecasted 5-year growth rate is 10%, the PEG ratio is 2.0. The associate likes to invest in firms that have an above-industry- average PEG ratio. The associate also says that he likes to invest in firms whose leading P/E is greater than its trailing P/E. Aims tells the associate that he would like to investigate these two investment criteria further.
Finally, Aims makes two comments to his associate about valuation ratios based on EBITDA and on dividends.
Comment 1: EBITDA is a pre-interest-expense figure, so I prefer a ratio of total equity value to EBITDA over a ratio of enterprise value to EBITDA.
Comment 2: Dividend yields are useful information because they are one component of total return.
However, they can be an incomplete measure of return, as investors trade off future earnings growth to receive higher current dividends.
Using the information in Exhibit 1, estimate the 2008 P/E ratio for Flavia Stores using the method of historical average EPS. The P/E ratio is closest to:
A. 18.4.
B. 27.9.
C. 20.6.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Normalizing EPS using the method of average EPS is accomplished by averaging the EPS over the six- year period from 2002-2007:
EPS(normalized) = (1.90 + 1.65 + 0-99 + 1.35 + 0.77 + 1.04) / 6 = 1.283. The P/E ratio based on this normalized EPS is 26.5 / 1.283 = 20.649. (Study Session 12, LOS 42.f,g)

NEW QUESTION: 3
Scenario:
Avaya is bidding for a telecommunications project with the Government of India ("GOI") through one of its Partners. The GOI official who is in charge of the tender requests that the Partner arrange a site visit to Avaya premises to check out our facilities. This is part of the bidding process which authorizes the concerned department to undertake a capability study of all the bidders. The Partner and Avaya take the three (3) member GOI team on a tour of Avaya facilities and conduct a demo of our core offerings. At the end of the demo. Partner and Avaya serve refreshments i.e. tea/coffee and biscuits for the GOI team.
Have the Partner and Avaya conducted themselves in compliance with Avaya policy?
A. Yes, because there was nothing wrong with facilitating the above since it was arranged pursuant to a legitimate government process (of reviewing bidder capabilities).
B. No. because by hosting government officials, both the Partner and Avaya attempted to influence the government to secure a favorable response bid response.
Answer: A

NEW QUESTION: 4
A Developer must deploy a new AWS Lambda function using an AWS CloudFormation template.
Which procedures will deploy a Lambda function? (Select TWO.)
A. Upload a .ZIP file containing the function code to Amazon S3, then add a reference to it in an resource in the template.
AWS::Lambda::Function
B. Upload the function code to a private Git repository, then add a reference to it in an resource in the template.
AWS::Lambda::Function
C. Create an AWS::Lambda::Function resource in the template, then write the code directly inside the CloudFormation template.
D. Upload a .ZIP file to AWS CloudFormation containing the function code, then add a reference to it in an AWS::Lambda::Function resource in the template.
E. Upload the code to an AWS CodeCommit repository, then add a reference to it in an resource in the template.
AWS::Lambda::Function
Answer: C,D