CIPS L4M3 Q&A - in .pdf

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  • Exam Code: L4M3
  • Exam Name: CIPS Commercial Contracting
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NEW QUESTION: 1



A. CREATE TRIGGER TrgVwEmployee
ON VwEmployee
INSTEAD OF INSERT
AS
BEGIN
INSERT INTO Person(Id, FirstName, LastName)
SELECT Id, FirstName, LastName FROM VwEmployee
INSERT INTO Employee(PersonID, EmployeeNumber)
SELECT Id, EmployeeNumber FROM VwEmployee
End
B. CREATE TRIGGER TrgVwEmployee
ON VwEmployee
INSTEAD OF INSERT
AS
BEGIN
DECLARE @ID INT, @FirstName NVARCHAR(25), @LastName NVARCHAR(25),
@PersonID
INT, @EmployeeNumber NVARCHAR(15)
SELECT @ID = ID, @FirstName = FirstName, @LastName = LastName,
@EmployeeNumber
= EmployeeNumber
FROM inserted
INSERT INTO Person(Id, FirstName, LastName)
VALUES(@ID, @FirstName, @LastName)
INSERT INTO Employee(PersonID, EmployeeNumber)
VALUES(@PersonID, @EmployeeNumber
End
C. CREATE TRIGGER TrgVwEmployee
ON VwEmployee
INSTEAD OF INSERT
AS
BEGIN
INSERT INTO Person(Id, FirstName, LastName)
SELECT Id, FirstName, LastName, FROM inserted
INSERT INTO Employee(PersonId, EmployeeNumber)
SELECT Id, EmployeeNumber FROM inserted
END
D. CREATE TRIGGER TrgVwEmployee
ON VwEmployee
FOR INSERT
AS
BEGIN
INSERT INTO Person(Id, FirstName, LastName)
SELECT Id, FirstName, LastName, FROM inserted
INSERT INTO Employee(PersonId, EmployeeNumber)
SELECT Id, EmployeeNumber FROM inserted
END
Answer: C

NEW QUESTION: 2
You create a table with the period for clause to enable the use of the Temporal Validity feature of Oracle
Database 12c.
Examine the table definition:
create table employees
( empno number, salary number,
deptid number, name varchar2(100),
period for employee_time);
Which three statements are true concerning the use of the Valid Time Temporal feature for the
EMPLOYEES table? (Choose three.)
A. The same statement may filter on both transaction time and valid temporal time by using the AS OF
TIMESTAMP and PERIOD FOR clauses.
B. Setting the session valid time using DBMS_FLASHBACK_ARCHIVE.ENABLE_AT_VALID_TIME sets
the visibility for data manipulation language (DML), data definition language (DDL), and queries
performed by the session.
C. The valid time columns are visible by default when the table is described.
D. The valid time columns are not populated by the Oracle Server automatically.
E. The valid time columns employee_time_start and employee_time_end are automatically created.
Answer: A,D,E
Explanation:
Explanation/Reference:
Explanation:
A: To implement Temporal Validity(TV), 12c offers the option to have two date columns in that table which
is having TV enabled using the new clause Period For in the Create Table for the newly created tables or
in the Alter Table for the existing ones. The columns that are used can be defined while creating the table
itself and will be used in the Period For clause or you can skip having them in the table's definition in the
case of which, the Period For clause would be creating them internally.

NEW QUESTION: 3
A project requires a capital investment of £2.7million. The project will save £450,000 each year after taxation.
Assume the savings are in perpetuity. The business risk of the venture requires a 15% discount rate. The company has to borrow £1million to finance the project at a rate of 9% and the net tax shield is 30%, the project supports debt which generates an interest tax shield of 0.30 x 0.09 x £1million, which is £27,000 per year in perpetuity.
Calculate the project's adjusted present value.
A. 0
B. £(30,000)
C. £570,000
D. £600,000
Answer: D

NEW QUESTION: 4

A. Option B
B. Option A
C. Option E
D. Option C
E. Option D
Answer: B,C,E

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