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ISO 27001 ISMS - Certified Internal Auditor

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NEW QUESTION: 1
A father and son have been farming land owned by the father for the past 12 years. Just prior to his death, the father was offered $900,000 for his farm because of its possible use as a shopping center. The son would like to continue to farm the land if it can be included in his father's estate at its current use value. Additional facts are:
1.Average annual gross rentals from nearby farms of similar acreage are $36,000.
2.Average annual state and local real estate taxes on the farm are $4,000.
3.The interest rate for loans from the Federal Land Bank is 8 percent.
For federal estate tax purposes, the farm method valuation formula would result in a current use value for the farm of
A. $300,000
B. $500,000
C. $600,000
D. $400,000
Answer: D

NEW QUESTION: 2
The HR Administrator is unable to enter the details of an intern due to the unavailability of the right choice of values. The HR Administrator is unaware that the Worker Type 'Intern' has not been set up in the application.
Which are the four valid System person types (which are part of the person model in Fusion HCM) that the HR Administrator should be aware of?
A. Contract Worker
B. Contingent Worker
C. Employee
D. Non-Worker
E. Pending Worker
F. Person of Interest
Answer: B,C,D,E
Explanation:
Note:
*System Person Types These are predefined person types that the application uses to identify a group of people. You cannot change, delete, or create additional system person types.
*Person types other than employee and contingent worker are not supported in the HCM coexistence environment.
*Human Resource Specialists for a Legal Employer, Example(see A) below):
Human resource (HR) specialists for the ABC legal employer need access to the person and
assignment records of anyone who has a work relationship with the legal employer. You create a
person security profile named All ABC Workers. In the security profile, you:
A)Secure by person type and select the system person types employee, contingent worker, nonworker, and pending worker.
B)Set the access level to restricted for the selected person types.
C)Secure by legal employer, and select an existing organization security profile that identifies legal employer ABC and any subordinate organizations. The person security profile All ABC Workers inherits the organization security profile's data instance set.
Reference: Oracle Fusion Applications Workforce Deployment Implementation Guide 11g, Human Resource Specialists for a Legal Employer

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