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Exam Code: QREP2021

Exam Name: Qlik Replicate Certification Exam - February 2021 Release

Certification Provider: Qlik

Related Certification: Qlik Replicate Certification Exam - February 2021 Release

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NEW QUESTION: 1
Return on assets:
A. Is a measure of profitability and indicates how much is left of each sales dollar to cover operating
expenses and profit.
B. Measures asset activity and the ability of the firm to generate sales through the use of assets.
Generally, the more sales dollars generated per dollar of assets used, the better the net income of an
entity.
C. Is a profitability measure and can be used to evaluate the efficiency of asset usage and management,
and the effectiveness of business strategies to create profits.
D. Measures the amount of operating income earned above the imputed cost of capital for the operating
unit. If the measure is positive, returns exceed the cost of financing the operating unit.
Answer: C
Explanation:
Choice "b" is correct. Return on assets is a profitability measure and can be used to evaluate the
efficiency of asset usage and management, and the effectiveness of business strategies to create profits.
Choice "a" is incorrect. This option defines gross profit margin.
Choice "c" is incorrect. This option defines residual income.
Choice "d" is incorrect. This option defines total asset turnover.

NEW QUESTION: 2
If, in addition to the estimated profits, management of the bank assesses the probabilities of high, medium, and low demands to be 0.3, 0.4 and 0.3, respectively, what is the expected opportunity loss from selecting location L4?
A. US$5.00
B. US$7.90
C. US$7.50
D. US$5.50
Answer: D
Explanation:
First, the opportunity loss matrix must be prepared:

The expected opportunity loss from selecting location L4 is thus US $5.50 [($3 x 0.3) + ($4 x 0.4) + ($10 x)

NEW QUESTION: 3
You model invoices and invoice items with a UML class diagram.
Explanation:
The total amount of an invoice is calculated by summing up all individual invoice items. This means that an invoice showing 5 article prices contains 5 invoice items. What model element most accurately describes the relationship between invoice and invoice items? (1 Point)
A. Aggregation
B. Association
C. Generalisation
D. Composition
Answer: D


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