JN0-105 (5).pdf.pdf
Document Details
Uploaded by NoteworthyLobster
Tags
Full Transcript
-XQLSHU -1 -XQRV$VVRFLDWH -1&,$-XQRV 48(67,21 $16:(56 KWWSVZZZFHUWVH[SHUWFRP 48(67,21 HGLW@ URRWVHWV\VWHPURRWDXWKHQWLFDWLRQSODLQWH[WSDVVZRUG 1HZSDVVZRUG 5HW\SHQHZSDVVZRUG ^KROGQRGH`>HGLW@ URRWFRPPLWDQGTXLW >HGLWLQWHUIDFHV@ JH +$PDQDJHPHQWSRUWFDQQRW...
-XQLSHU -1 -XQRV$VVRFLDWH -1&,$-XQRV 48(67,21 $16:(56 KWWSVZZZFHUWVH[SHUWFRP 48(67,21 HGLW@ URRWVHWV\VWHPURRWDXWKHQWLFDWLRQSODLQWH[WSDVVZRUG 1HZSDVVZRUG 5HW\SHQHZSDVVZRUG ^KROGQRGH`>HGLW@ URRWFRPPLWDQGTXLW >HGLWLQWHUIDFHV@ JH +$PDQDJHPHQWSRUWFDQQRWEHFRQILJXUHG HUURUFRQILJXUDWLRQFKHFNRXWIDLOHG ^KROGQRGH`>HGLW@ URRW HGLW@XVHU#URXWHUUROOEDFN 2SWLRQ&>HGLW@XVHU2URXWHUUROOEDFN 2SWLRQ'>HGLW@XVHU#URXWHULUROOEDFNUHVFXH &RUUHFW$QVZHU$ ([SODQDWLRQ5HIHUHQFH ,I\RX YHFRPPLWWHGDFRQILJXUDWLRQDQGWKHQQHHGWRUHYHUWWRWKHSUHYLRXVFRQILJXUDWLRQWKHUROOEDFNFRPPDQGLVXVHG6LQFH WKHLQFRUUHFW,3DGGUHVVKDVQRWEHHQFRPPLWWHGDVLQGLFDWHGE\WKHFRPPLWFKHFNFRPPDQGEHLQJVXFFHVVIXOLVVXLQJUROOEDFN ZLOOXQGRWKHFKDQJHVPDGHLQWKHFXUUHQWVHVVLRQZKLFKLQFOXGHVWKHDFFLGHQWDOHQWU\RIWKH,3DGGUHVV 48(67,21 HGLW@ URRWFRPPLW >HGLW@ V\VWHPc 0LVVLQJPDQGDWRU\VWDWHPHQWcURRWDXWKHQWLFDWLRQc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