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Exam Code: CTPRP
Exam Name: Certified Third-Party Risk Professional (CTPRP)
Vendor: Shared Assessments

60 Questions & Answers
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NEW QUESTION: 1
HOTSPOT
You have the following code:

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

Answer:
Explanation:

Explanation:

Note:
* The System.Runtime.Serialization namespace contains classes that can be used for serializing and deserializing objects. Serialization is the process of converting an object or a graph of objects into a linear sequence of bytes for either storage or transmission to another location. Deserialization is the process of taking in stored information and recreating objects from it.
* EmitDefaultValue
DataMemberAttribute.EmitDefaultValue Property
Gets or sets a value that specifies whether to serialize the default value for a field or property being serialized.
true if the default value for a member should be generated in the serialization stream; otherwise, false.

NEW QUESTION: 2
EF obtained a government licence, free of charge, to operate a silver mine in 20X7 and $5 million was spent on preparing the site. The mine commenced operation on 1 January 20X8. The licence requires that at the end of the mine's useful life of 20 years, the site above ground must be reinstated to its original position.
EF estimated that the cost in 20 years' time of this reinstatement will be $3 million, which has a present value of $1 million at 1 January 20X8.
Which THREE of the following describe how the cost of the reinstatement of the site should be treated in the financial statements of EF in the year ended 31 December 20X8?
A. Depreciation will be charged over 20 years on the full cost of the mine including the reinstatement cost.
B. There will be a credit to finance costs for the unwinding of the discount on the reinstatement provision.
C. Only the cost of the site preparation will be depreciated over the mine's useful economic life.
D. There will be a debit to finance costs for the unwinding of the discount on the reinstatement provision.
E. The cost of the mine will be increased by $1 million on 1 January 20X8.
F. The cost of the mine will be increased by $3 million on 1 January 20X8.
Answer: A,D,E

NEW QUESTION: 3
Which of the following BEST describes an IBM SPSS Statistics Standard opportunity?
A. A Researcher who is using spreadsheets today, but needs a more robust analytic tool.
B. A Researcher who is looking to build and optimize models to predict response rates to a marketing campaign.
C. A Researcher who is using an on-line survey tool, but needs a more customizable authoring tool.
D. A Researcher who is interested in coding open-ended survey responses.
Answer: A


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