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Pass Guaranteed 2022 Updated ADVRE: BCS Professional Certificate in Advanced Requirements Engineering Valid Test Format - Rayong

Vendor: BCS

Exam Code: ADVRE

Exam Name: BCS Professional Certificate in Advanced Requirements Engineering

Certification: BCS Other Certification

Total Questions: 132 Q&A

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What is the maximum number of recipients per hour that the Cisco Email Security Appliance will accept
from the green. public domain?
Instant ADVRE Download
A. 0
B. 1
C. Unlimited
D. 2
E. 3
F. 4
G. 5
Answer: E

Residco, Inc. expects net income of $800,000 for the next fiscal year. Its targeted and current capital
structure is 40 percent debt and 60 percent common equity. The director of capital budgeting has
determined that the optimal capital spending for next year is $1.2 million. Residco does not plan to issue
any new common equity next year. If Residco follows a strict residual dividend policy, what is the
expected dividend payout ratio for next year?
A. 40.0 percent.
B. 66.7 percent.
C. 90.0 percent.
D. 10.0 percent.
Answer: D
Choice "d" is correct. A strict dividend policy guides a company's management to pay no more (and no
less) in dividends from net income to generate a change in equity that produces or maintains a targeted
capital structure. The dividend pay out ratio is the ratio of dividends to income. The call of the question
requires the calculation of the ratio of dividends to income assuming income, capital projects and capital
structure amounts as follows:
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Assuming the company is in compliance with the 40/60 Debt/Equity capital structure to begin with, 60% of
the $1,200,000 in capital projects will be financed by additions to equity the come from new earnings of
$ 800,000. The equity funded portion of capital projects is $720,000 ($1,200,000 x 60%).
Following a strict residual dividend policy, the company will pay out the difference between is additions to
equity ($800,000 in income) and the amounts reinvested in the business ($720,000).
The dividend will be $80,000. ($800,000 - $720,000).
The dividend payout ratio is, therefore, 10% ($80,000 in dividends/ $800,000 in income).
Choices "a", "b", and "c" are incorrect, per the above calculation.

As a Senior HR Professional, you must be aware of contracts, laws, and commitments made to employees. A manager has promised Ted that if he resigns from his position, the manager will hire Ted in a new, more lucrative position. Ted agrees and resigns, but the manager doesn't follow through with his promise. Ted is now out of work. This scenario is an example of which of the following?
A. Respondeat superior
B. Constructive discharge
C. Promissory estoppel
D. Express contract
Answer: C
Answer option D is correct.
When an employer makes a conditional promise of employment but doesn't follow through on the promise, it's considered promissory estoppels.
Answer option B is incorrect. The Latin phrase respondeat superior means "let the master answer." It means the employer can be held liable for the actions of the employee.
Answer option A is incorrect. A constructive discharge is a workplace environment that's so hostile the employee feels obligated to quit.
Answer option C is incorrect. An express contract is a verbal contract, such as, "You'll have a job as long as we're in business" that may negate the employment at will relationship.
Reference: Professional in Human Resources Certification Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter 7: Employee and Labor Relations. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Employee and Labor Relations
Objective: Federal Employment Legislation

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