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NEW QUESTION: 1
Goodwill is calculated as being:
A. The excess of the purchase price of an acquired business over the net book value of its separable net assets
B. The increase in the value of non-current assets as a result of revaluation
C. The excess of the purchase price of an acquired business over the fair value of its separable net assets
D. The excess of the true value of a business over the net book value of its separable net assets
Answer: C

NEW QUESTION: 2
William Michael, CFA, is the research analyst responsible for following Company X.
All the information he has accumulated and documented suggests the stock should be rated a weak 'hold,' because the outlook for the firm's new products is poor. During a recent luncheon, however, Michael overheard a financial analyst from another firm offer opinions that conflict with his own forecasts and expectations.
Upon returning to his office, Michael released a strong 'buy' recommendation to the public based on this new information. Michael:
A. violated CFA Institute's Standards of Professional Conduct by failing to distinguish between facts and opinions in his recommendation.
B. violated CFA Institute's Standards of Professional Conduct, because he did not seek approval of the change from his firm's compliance department.
C. violated CFA Institute's Standards of Professional Conduct, because he did not have a reasonable and adequate basis for his recommendation.
Answer: C

NEW QUESTION: 3
A system administrator has deployed an application. The development team has updated a new version of this application. The administrator needs to immediately deploy this updated application and guarantee that only this new edition is used by clients and that any service requests for the application are queued during the deployment of the new application.
How can the administrator achieve this task without any downtime to the application?
A. Perform a hard rollout.
B. Perform a concurrent activation rollout.
C. Perform a soft rollout.
D. Perform an atomic rollout.
Answer: D
Explanation:
Performing an atomic rollout activates the new edition on half of the cluster first, and then activates the edition on the remaining half of the cluster. While the first half of the cluster is taken offline and updated, application requests are routed to the second half of the cluster.
Verify that half the cluster can handle the entire load during the rollout period.

NEW QUESTION: 4
An administrator is performing maintenance on a storage array used by a ESXi host. The administrator wants to disable alarm actions for the host while the maintenance is taking place.
What procedure will accomplish this task?
A. Right-click the ESXi host and select Alarm and Disable Alarm Actions.
B. Go to the Alarms tab for the Datacenter containing the DRS cluster. Locate the storage-related alarms. Right-click and disable each alarm.
C. Right-click the DRS cluster and select Alarm and Disable Alarm Actions.
D. Go to the Alarms tab for each ESXi host in the DRS cluster. Locate storage-related alarms. Right-click and disable each alarm.
Answer: A