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BICSI Installer 1 Exam

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NEW QUESTION: 1
Which of the following statements best describes the theories of investors' preferences for dividends?
A. The clientele effect suggests that companies should follow a stable dividend policy.
B. The tax preference theory suggests that a company can increase its stock price by increasing its dividend payout ratio.
C. The bird-in-hand theory suggests that a company can reduce its cost of equity capital by reducing its dividend payout ratio.
D. Modigliani and Miller argue that investors prefer dividends to capital gains.
E. One key advantage of a residual dividend policy is that it enables a company to follow a stable dividend policy.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Different groups, or clientele, of stockholders prefer different dividend payout policies. Stockholders in a low or tax-free tax bracket generally prefer cash income, so a payout would be their preference. On the other hand, stockholders in a high tax bracket might prefer reinvestment of earnings because they have little need for current investment income. To the extent that stockholders can switch firms, a firm can change from one dividend payout policy to another to let stockholder who do not like the new policy sell to other investors who do. Yet this would be costly because of brokerage costs, the capital gains taxes that would have to be paid by the selling stockholders, and the chance that there will be a net loss of investors who like the firm's new dividend policy. Management should therefore, probably not change its policy.
Several studies show that there is a clientele effect, which is the tendency of a firm to attract a set of investors who like its dividend policy. The existence of the clientele effect does not necessarily imply that one dividend policy is better than another.

NEW QUESTION: 2
When assessing the fluid and electrolyte balance in an infant, which of the following would be important to
remember:
A. The metabolic rate of an infant is slower than in adults
B. Infant has greater body surface area than adults
C. Infants have more intracellular water that adult do
D. Infant can concentrate urine at an adult level
Answer: B
Explanation:
Infants have greater body surface area than adult, increasing their risk to F&E imbalances.
Also infants can't concentrate a urine at an adult level and their metabolic rate, also called water turnover,
is 2 to 3 times higher than adult. Also, more fluids of the infants are at the ECF spaces not in the ICF
spaces.

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DRAG DROP
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Answer:
Explanation:


NEW QUESTION: 4
What is the effect of the set gslb parameter - GSLBSvcStateDelayTime 10 command on the Global Server Load Balancing (GSLB) environment, when Metric Excnange Protocol
(MEP) is enabled?
A. The Metric Exchange Protocol (MEP) will be marked as DOWN if the GSLB vServer has been DOWN for 10 seconds.
B. The Metric Exchange Protocol (MEP) will be marked as DOWN if the GSLB service has been DOWN for 10 seconds.
C. The GSLB services will be marked as DOWN if the service has been DOWN for 10 seconds.
D. The GSLB services will be marked as DOWN, if the Metric Exchange Protocol (MEP) connection has been DOWN for 10 seconds.
Answer: D

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    BICSI IN101_V7 (BICSI Installer 1 Exam)

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