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Latest FPA_I Test Voucher - AFP Valid FPA_I Study Guide, FPA_I Actualtest - Dungseafood

FPA_I

Exam Code: FPA_I

Exam Name: Certified Corporate Financial Planning & Analysis Professional Part ICertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Which two locations are available to store the user credentials? (Select two.)
A. /etc/shadow
B. database
C. local Windows user
D. active directory
E. local users and groups
Answer: B,D

NEW QUESTION: 2
Jeb, a member in J & S LLC, sold his interest in the LLC to Chris without obtaining the other members'
consent. Absent an agreement to the contrary, Chris:
I. May participate in the management of J & S.
II. May receive Jeb's share of J & S's profits.
III. Is not entitled to anything since Jeb did not obtain the other members' consent.
A. I only.
B. II only.
C. I and II only.
D. III only.
Answer: B
Explanation:
Choice "c" is correct. Absent an agreement to the contrary, if a member in the LLC sells his interest in an
LLC without obtaining the other members' consent, the assignee is only entitled to receive the assignor's
share of profits. Choices "a", "b", and "d" are incorrect, because, absent an agreement to the contrary,
although a member of an LLC is allowed to assign his interest in profits and losses, an assignee of a
membership interest may not participate in the management of the LLC.

FPA_I Related Exams
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