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Exam Code: L4M2
Exam Name: Defining Business NeedsCertification
Version: V16.75
Q & A: 400 Questions and Answers
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About CIPS L4M2 Exam
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NEW QUESTION: 1
An important distinction between the direct method and the indirect method of preparing a statement of cash flows is that:
A. The format of the section computing net cash flow from operating activities is different under the two methods.
B. Both methods result in the same dollar amount of net cash flows from operating activities.
C. The direct method reconciles accrual-based net income with net cash flow from operations; the indirect method shows the specific cash inflows and outflows constituting the operating activities.
Answer: A
NEW QUESTION: 2
What must you remember when you define a purchasing organization in SAP Materials Management? There are 2 correct answers to this question.
A. The purchasing organization is a selection criterion for lists of all purchasing documents.
B. All purchasing groups are assigned to specific purchasing organizations
C. Each purchasing organization has its own info records and conditions for price determination
D. The purchasing organization is the highest summation level for purchasing
Answer: A,C
NEW QUESTION: 3
A. Option D
B. Option A
C. Option B
D. Option C
E. Option E
Answer: B,C,E
NEW QUESTION: 4
Your company has an EC2 Instance that is hosted in an AWS VPC. There is a requirement to ensure that logs files from the EC2 Instance are stored accordingly. The access should also be limited for the destination of the log files. How can this be accomplished? Choose 2 answers from the options given below. Each answer forms part of the solution Please select:
A. Stream the log files to a separate Cloudwatch Log group
B. Create an IAM policy that gives the desired level of access to the Cloudtrail trail
C. Stream the log files to a separate Cloudtrail trail
D. Create an IAM policy that gives the desired level of access to the Cloudwatch Log group
Answer: A,D
Explanation:
You can create a Log group and send all logs from the EC2 Instance to that group. You can then limit the access to the Log groups via an IAM policy.
Option A is invalid because Cloudtrail is used to record API activity and not for storing log files Option C is invalid because Cloudtrail is the wrong service to be used for this requirement For more information on Log Groups and Log Streams, please visit the following URL:
* https://docs.aws.amazon.com/AmazonCloudWatch/latest/logs/Workinj
For more information on Access to Cloudwatch logs, please visit the following URL:
* https://docs.aws.amazon.com/AmazonCloudWatch/latest/logs/auth-and-access-control-cwl.html The correct answers are: Stream the log files to a separate Cloudwatch Log group. Create an IAM policy that gives the desired level of access to the Cloudwatch Log group Submit your Feedback/Queries to our Experts
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