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American Academy of Professional Coders: Certified Professional Coder
- Exam Number/Code : AAPC-CPC
- Exam Name : American Academy of Professional Coders: Certified Professional Coder
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
A company stores sales information in CSV files and uses SharePoint Online. Customer information is stored in many places. The company has an on-premises sales system.
The company does not want the sales system connected to any of their online systems.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
NEW QUESTION: 2
Stanley Bostwick, CFA, is a business services industry analyst with Mortonworld Financial. Currently, his attention is focused on the 2008 financial statements of Global Oilfield Supply, particularly the footnote disclosures related to the company's employee benefit plans. Bostwick would like to adjust the financial statements to reflect the actual economic status of the pension plans and analyze the effect on the reported results of changes in assumptions the company used to estimate the projected benefit obligation (PBO) and net pension cost. But first, Bostwick must familiarize himself with the differences in the accounting for defined contribution and defined benefit pension plans.
Global Oilfield's financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Excerpts from the company's annual report are shown in the following exhibits.
If Global Oilfield's retirement plan is a defined contribution arrangement, which of the following statements would be the most correct?
A. The firm would report the difference in the accumulated benefit obligation and the pension assets on the balance sheet.
B. The potential gains or losses from the assets contributed to the plan are borne by the firm.
C. Pension expense and the cash funding amount would be the same.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In a defined contribution plan, pension expense is equal to the amount contributed by the firm. The plan participants bear the shortfall risk. There is no ABO in a defined contribution plan. (Study Session 6, LOS
22.a)
NEW QUESTION: 3
A customer wants to leverage Amazon Simple Storage Service (S3) and Amazon Glacier as part of their backup and archive infrastructure. The customer plans to use third-party software to support this integration. Which approach will limit the access of the third party software to only the Amazon S3 bucket named "company-backup"?
A. A custom IAM user policy limited to the Amazon S3 API for the Amazon Glacier archive "company- backup".
B. A custom bucket policy limited to the Amazon S3 API in thee Amazon Glacier archive "company- backup"
C. A custom IAM user policy limited to the Amazon S3 API in "company-backup".
D. A custom bucket policy limited to the Amazon S3 API in "company-backup"
Answer: C
Explanation:
Explanation/Reference:
Explanation:
http://docs.aws.amazon.com/AmazonS3/latest/dev/example-policies-s3.html
NEW QUESTION: 4
Which two statements are true if a layout is configured with an OnRecordLoad script trigger enabled in both Browse and Find modes? (Choose two.)
A. It will be activated by entering Find mode.
B. It will be activated by creating a new window.
C. It will not be activated while switching records in Table view.
D. It will be activated when records are imported.
Answer: A,B