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Exam Code: SPLK-3001 (Updated 60 Q&As)
Exam Name: Splunk Enterprise Security Certified Admin Exam
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NEW QUESTION: 1
Irwin Inc. has a self-insurance plan. Each year, retained earnings is appropriated for contingencies in an amount equal to insurance premiums saved minus recognized losses from lawsuits and other claims. As a result of a 1996 accident, Irwin is a defendant in a lawsuit in which it will probably have to pay damages of
$190,000. What are the effects of this lawsuit's probable outcome on Irwin's 1996 financial statements?
A. An increase in expenses and no effect on liabilities.
B. None of these answers.
C. An increase in both expenses and liabilities.
D. No effect on either expenses nor liabilities.
E. No effect on expenses and an increase in liabilities.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Since the outcome of the lawsuit is probable and estimable, the amount of $190,000 will be recorded in the financial statements as a contingent liability and an expense.

NEW QUESTION: 2
When producing an Exception Plan for a stage, why would the Quality Register be updated?
A. To add details of any new quality management activities planned
B. To close all quality checks from the Stage Plan that's about to be replaced
C. To record any corrective actions required when the quality checks of products in the current Stage Plan were completed
D. The Quality Register is NOT updated when creating an Exception Plan
Answer: A

NEW QUESTION: 3
Refer to the exhibit.

Which two configurations must you perform to enable the device to use this class map?
(Choose two)
A. Configure the ip nbar protocol discovery command
B. Configure the DSCP value
C. Configure the transport hierarchy
D. Configure the ip nbar custom command
E. Configure PDLM
Answer: A,D


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