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Exam Name:Genesys Cloud Certified Professional - Reporting and Analytics
529 Questions and Answers

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NEW QUESTION: 1
Ocean Corp.'s comprehensive insurance policy allows its assets to be replaced at current value. The policy has a $50,000 deductible clause. One of Ocean's waterfront warehouses was destroyed in a winter storm. Such storms occur approximately every four years. Ocean incurred $20,000 of costs in dismantling the warehouse and plans to replace it. The tax rate is 30%. The following data relate to the warehouse:
Current carrying amount $ 300,000
Replacement cost 1,100,000
What amount of gain should Ocean report as a separate component of income before extraordinary items?
A. $1,030,000
B. $780,000
C. $0
D. $730,000
Answer: D

NEW QUESTION: 2
Which security concept, if implemented correctly, will protect the data on a system, even if a malicious actor gains access to the actual system?
A. Sandboxing
B. Access control
C. Encryption
D. Firewalls
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In any environment, data encryption is incredibly important to prevent unauthorized exposure of data either internally or externally. If a system is compromised by an attack, having the data encrypted on the system will prevent its unauthorized exposure or export, even with the system itself being exposed.

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