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ISTQB-Level-1 - American Software Testing Qualifications Board Level 1 - Dump Information

Vendor : ASTQB
Exam Code : ISTQB-Level-1
Exam Name : American Software Testing Qualifications Board Level 1
Questions and Answers : 827 Q & A
Updated On : December 14, 2018
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ISTQB-Level-1 Questions and Answers

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ISTQB-Level-1 American Software Testing Qualifications Board Level 1

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ISTQB-Level-1 exam Dumps Source : American Software Testing Qualifications Board Level 1

Test Code : ISTQB-Level-1
Test Name : American Software Testing Qualifications Board Level 1
Vendor Name : ASTQB
Q&A : 827 Real Questions

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ASTQB ASTQB American Software Testing

spoil Into software testing with ASTQB (and ISTQB) Certification | killexams.com Real Questions and Pass4sure dumps

Written by Tim Warner published: 18 April 2016

page 1 of 2

if you're detail-oriented, pharm have a logical intellect and revel in solving puzzles, see you then just could be excellent to a profession in software checking out. And ASTQB certification is a fine way to enter the field.

Software bug tester at work at deskIn my journey, any software seller that doesn't have a committed testing workforce does so at their peril. Even the smallest of outlets has their palms full aiding essentially the most "simple" line-of-enterprise functions.

The application testing situation grows more and more advanced when a business wants to branch their application throughout systems, such as the following:

● windows 10/commonplace● OS X● iOS● Android● home windows mobile

How on this planet can you ensure application steadiness across OS models, hardware systems, and variable cyber web/community connection speeds? when you are considering to your self, "Wow, I on no account idea of that. utility testing is a full-time job!," then you definately're exactly on point.

With all that complexity, utility testing is each an art and a science in itself, and requires testers with keen analytical competencies.

What Do utility Testers Do?

these days utility customers are expecting to attain new utility on their telephones or computer systems very nearly directly, and leave remarks just as directly. when you are not taking pains to make sure your code is as free from bugs (defects) as viable, then you definately're on the quick tune to losing client trust and profits in equal measure.

If I haven't been clear sufficient so far, utility trying out is an critical part of the software building lifecycle.

In a nutshell, a application tester is an IT expert who makes it his or her occupation to design and run assessments to determine that software functions:

Meet the application writer's practical necessities respond accurately to all typical consumer use circumstances

an outstanding application tester is someone who is extremely-methodical, thinks logically, and enjoys fixing puzzles. So much of assistance know-how is set solving puzzles, is rarely it? present day proliferation of project management frameworks can each simplify and complicate the life of the utility tester.

in spite of everything, the software tester spends a big quantity of his or her time speaking with the business's building group of workers. This workforce may additionally subscribe to any or all the following methodologies:

● traditional/waterfall● Agile/Scrum● PMI

nevertheless, the application tester doubtless works and communicates closely with the other corporate stakeholders, together with application help team of workers, field count consultants, and choice-makers. These americans might also use a unique PM framework, or none in any respect.

it would go devoid of saying that you deserve to have carried out "vigor user" repute on all modern internet browsers, computer operating techniques, and cell operating techniques. Most organizations this present day respect that state-of-the-art expectation is that their application should still run on pretty much any gadget, whether computer or cell.

Introducing ASTQB and ISTQB

The respectable information is that there exists a world requirements body that developed (a) a standardized most advantageous-practices framework for software trying out; and (b) a certification software to validate that ability set. The overseas application checking out skills Board (ISTQB) is a non-income corporation primarily based in Belgium that became headquartered in late 2002.

in accordance with ISTQB reference substances, the neighborhood has issued greater than 350,000 certifications considering 2002. The "I" in IST QB stands for "international"; as of June 2014, 49 member boards exist, unfold throughout 72 international locations.

right here within the united states, we use the American application checking out skills Board (ASTQB). don't be troubled, even though — the certification application and its underlying syllabi is the same, despite the nation.

Of route, any prospective utility tester value his or her salt wonders if discovering the ISTQB materials and incomes their certifications will offer return on funding (ROI) in the industry.

In my journey, having an ISTQB certification in your resume actually makes you a greater aggressive candidate. as an instance, talk over with cube or an additional IT-connected job search board and you will see job titles like here that both require or strongly suggest the ISTQB certs:

● Product aid Analyst● QA Analyst● QA undertaking Lead● QA Tester● quality Assurance Engineer● software software Tester● utility QA Tester● check Automation Engineer


How advantageous is QA certification for career advancement? | killexams.com Real Questions and Pass4sure dumps

For a substantial charge, numerous companies supply satisfactory assurance (QA) certifications. if you do a web search, you'll find a few in roughly three distinct flavors: QA businesses, practicing centers and college classes. There are a number of QA organizations, together with the American utility checking out skills Board (ASTQB), and its foreign software testing skills Board (ISTQB) certificate and nice Assurance Institute (QAI) that have been round for a long time. The subsequent group, practicing centers, present software trying out practicing or their own QA certifications in mixture with one of the crucial QA corporations. college certificate classes are more recent, but encouraging for the future of the career.

I have a certification -- certified Tester groundwork level (CTFL) from ASTQB. The handiest purpose I even have it's since the company I worked for on the time paid for it. We used it as a crew building activity for those that desired to take the exam. however the exam become free, only about half of a 40-member QA community took the exam. We used it as a practicing pastime and it helped the group take note ordinary phrases, tactics and strategies. it is helpful suggestions, however we never used any of it in our company past a few checking out kinds. again, I stress it's beneficial assistance to have, but it surely doubtless doesn't translate at once into precise QA job experiences. Would I pay the $200 to $500 price myself?  No, i'd no longer.  

Has the QA certification helped me find and at ease a job?  it be feasible. Having the CTFL certainly did not damage. organizations reviewing résumés like to see a certification. When i used to be let go in 2013, I suppose it helped me get more contacts for job openings and interviews.

Why? I haven't any theory, except that having a certification helps employers think assured you understand the job. i am excited to see a number of universities providing certificates courses in application checking out. I agree with this is a favorable step. And for inexperienced persons graduating from college, or not it's a very first rate concept to add to education. however for those of us that have been round a long time, there is probably no longer as an awful lot price.

My guidance is to get the QA certification if you plan to seek a job in the future and you'll find the money for the charge. otherwise, for my part, event is of higher cost. a wide variety of software construction QA experience is probably going extra helpful than any variety of certifications. besides the fact that children, the americans reviewing résumés aren't going to peer your event; they see the QA certification. despite the fact QA certification gives employers more confidence in your competencies, having a couple of certification may also be a mask for a low-performing employee. adding a lot of certifications for a similar job feature should be a warning sign.

Do your research and select the most desirable QA certification for an affordable payment. personally, I pick the ASTQB or ISTQB. The practicing is neatly-defined and the examinations are hard, but via no means not possible. A QA with three to five years of experience may still pass the CTFL by means of studying source materials and quite a lot of books on QA and utility checking out.

next Steps

Readers talk out about certification

Making experience of Agile certifications

connected elements View MoreRelated Q&A from Amy Reichert What are the top application trying out strategies?

i'm a newbie in need of some information to opt for a software testing methodology. What testing techniques do you accept as true with a success? can you share ...  proceed studying

How can you increase or expand the ROI in application testing?

QA should hold reminding company of its value. knowledgeable Amy Reichert presents tried-and-true assistance on how to leverage documentation and automation to...  proceed analyzing

What are the pros and cons of contract QA jobs?

Contract QA jobs can pay greater than team of workers positions, but only if you are an outstanding negotiator. skilled Amy Reichert helps explain the transformations between ...  continue reading

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utility testing practicing classes and career schooling Overview | killexams.com Real Questions and Pass4sure dumps

Voluntary certification in utility checking out is offered by means of three businesses. Some employers require certification. In some instances, certification can help utility testers advance in the field. The foreign Institute for software testing (IIST) presents the certified application verify expert (CSTP) certification. applicants should have achieved certain academic courses and have 12 months of event in the box to be eligible for CSTP certification. The quality Assurance Institute (QAI) provides three software checking out certifications. Certification possibilities have to possess a degree and have three-6 years event to acquire the certified associate in application checking out (cast) or licensed utility Tester (CSTE) certifications. these with a CSTE certification who meet further requirements can pursue a certified supervisor of utility checking out (CMST) credential.

The American software checking out Qualification Board (ASTQB) offers foreign software checking out Qualification Board (ISTQB) certification in the U.S. The fundamental certification is the certified Tester, groundwork level (CTFL). certified Tester superior degree certifications encompass Full (CTAL), test Analyst (CTAL-TA), Technical verify Analyst (CTAL-TTA), and look at various supervisor (CTAL-TM).

reside and on-line conferences and seminars are carried out on an everyday basis by means of software testing organizations that deliver certification or certification working towards programs. Seminars usually cover improvements and updates in software testing areas comparable to procedure growth, excellent management, and product strains. training manuals, analyze publications, and other books for utility testers can be found at many bookstores and on-line booklet sellers. many of these publications are counseled for certification examination preparation by organizations such as the IIST. Some consulting organisations that deliver onsite working towards classes additionally give on-line training for certain utility testing equipment.

To summarize, application checking out working towards classes include bachelor's and master's degree programs in software engineering in addition to online and on-website classes designed to put together individuals for application trying out certification.


ISTQB-Level-1 American Software Testing Qualifications Board Level 1

Study Guide Prepared by Killexams.com ASTQB Dumps Experts


Killexams.com ISTQB-Level-1 Dumps and Real Questions

100% Real Questions - Exam Pass Guarantee with High Marks - Just Memorize the Answers



ISTQB-Level-1 exam Dumps Source : American Software Testing Qualifications Board Level 1

Test Code : ISTQB-Level-1
Test Name : American Software Testing Qualifications Board Level 1
Vendor Name : ASTQB
Q&A : 827 Real Questions

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American Vanguard Corp (AVD) Q3 2018 Earnings Conference Call Transcript | killexams.com real questions and Pass4sure dumps

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

American Vanguard Corp  (NYSE:AVD)Q3 2018 Earnings Conference CallNov. 05, 2018, 4:30 p.m. ET

Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Greetings, and welcome to American Vanguard Corporation Third Quarter 2018 Conference Call and Webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

    I would now like to turn the conference over to your host, Bill Kuser, Director of Investor Relations. Thank you. You may begin.

    William Kuser -- Director of Investor Relations

    Well, thank you very much, Sherry, and welcome, everyone to American Vanguard's third quarter and 9 months year-to-date earnings review. Our speakers today will be Mr. Eric Wintemute, Chairman and CEO of American Vanguard; Mr. David Johnson, the Company's Chief Financial Officer, also assisting and answering your questions, Mr. Bob Trogele, the Company's Chief Operating Officer.

    After today's call, American Vanguard will file our Form 10-Q with the Securities and Exchange Commission providing additional detail to the results that we will be discussing in this call. Before beginning, let's take a moment for the usual cautionary reminder. In today's call, the Company may discuss forward-looking information. Such information and statements are based on estimates and assumptions by the Company's management and are subject to various risks and uncertainties that may cause actual results to differ from management's current expectations.

    Such factors can include weather conditions, changes in regulatory policy, competitive pressures, and various other risks that are detailed in the Company's SEC reports and filings. All forward-looking statements represent the Company's best judgment as of the date of this call and such information will not necessarily be updated by the Company.

    With that said, we turn the call over to Eric.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Thank you, Bill. Hello, everyone, and welcome to our third quarter and 9 months earning call. As always, we thank you for your continued interest in American Vanguard.

    As you can see in our press release, we have continued to perform very well during the quarter and year-to-date. In the third quarter, we record net sales of $112 million, which were up 24% over Q3 of 2017. Quarterly net sales of our International business were up 66% and our Domestic business rose 9%, while strong increase in quarterly net sales was about $7 million below analyst expectations. That difference rose primarily from reduced sales from our adverse weather conditions in Central America. As David will report later, however, our net income and EPS for the quarter exceeded analysts' consensus. Thus, we recorded higher-than-expected profits on lower than expected sales.

    For the 9-month period, our overall net sales expanded 35%, with international growing 81% and our domestic business, increasing by 18%. The primary drivers of these gains are four acquisitions that we completed in 2017, included AgriCenter, OHP and a slate of products in US and Mexico that came to us through government order divestments. We continue to integrate and grow these businesses and expect to obtain even greater efficiencies and improve market penetration in the coming years.

    Growth by acquisition has been a successful business model for nearly 3 decades, and it continues to be a viable and profitable growth strategy, particularly in light of the high level of divestment activities that we are seeing in the sector. Our pre-acquisition business was stable for both the 3- and 9-month periods. As you will read in the Form 10-Q, this was the result of mixed performance across many crops and product lines, offset by reduced sales of Dibrom following a record year in 2017. we expect the pre-acquisition businesses to rise slightly on a full year basis. The combination of our solid traditional business with new acquisitions has us on track to post full year 2018 revenues in the range of between $450 million and $460 million.

    Our manufacturing performance during the third quarter and the year-to-date has been outstanding. We are focused on efficient utilization and reduction of costs, while bringing more intermediates, finished products and towing activity in-house. Interestingly, approximately 50% of all pesticide products used in United States come from China. By contrast, we source closer to 10% of our chemicals from that country. We continue to navigate through the supply and tariff issues with China. At this point, the only product we've identified at risk for us in the near term is Bromacil for which production had been halted several months ago. We were told that the Bromacil plant in China should be back online this week. At a time of uncertainty in the supply chain, we continue to benefit from both our four efficient domestic plants and reliable third-party sources in many countries. On a related note, we expect that our year-end inventory level will be about $145 million, which will be $21 million higher than the year-end level of 2017. Nearly 70% of that increase will come from new businesses and another 10% will be from our expedited procurement of goods to get ahead of potential tariff increases.

    We will continue to optimize the balance between factory efficiency and building inventory, whether through procurement or manufacturing to meet demand and to convert into cash for ongoing operations.

    With that overview, I will now ask David to give you his analysis on our financial performance. I will then return to talk about my outlook going forward the acquisition of Tyratech, our collaboration with Procter & Gamble in consumer pest sprays, progress on SIMPAS development and our share repurchase program. David?

    David Johnson -- Chief Financial Officer

    Thank you, Eric. Good afternoon, everybody. As Bill mentioned, we will be filing our Form 10-Q for the 3 and 9 months ended September 30, 2018 after the call. Everything I'm covering here is included in more detail in that document. With regard to the financial results, as Eric just detailed, the Company sales for the third quarter of 2018 increased by 24% to $112 million as compared to sales of $90 million this time last year.

    Within that overall improvement, our international sales continued to grow an important and represented 36% of net sales in the third quarter as compared to 27% this time last year. While discussing our quarter sales performance, there are two factors that resulted is in -- in us falling short of the consensus of $119 million. The first step was that, we experienced unusually wet weather in the Central America region, which impacted AgriCenter sales by approximately $5 million. Second, we made decisions not to compete on price on one of our product lines preferring instead to sacrifice some revenue and to maintain margins.

    Our third quarter gross margin ended at 41%, which exceeded the range we indicated in the last call of 38% to 40%. In part, the shortfall of sales just mentioned, which are lower margin and their absence contributed to the slight improvement in our third quarter margin performance.

    During the quarter, our operating expenses ended at 30% of net sales compared to 35% this time last year. On an absolute basis, our operating expenses increased by 7% due to several factors. The main driver is the addition of businesses acquired in the final quarter of 2017, which were not part of operating expenses in the comparable prior year financials. In addition, we have recorded increased legal and incentive compensation expenses. As an offset to these increased operating expenses at September 30, 2018, we reassessed the fair value of liabilities for deferred consideration and reduce the Company's expected future earn-out payments by $4 million covering both OHP and AgriCenter.

    With regard to the effective tax rate, during the third quarter of 2018, we completed the assessment of the transition tax, which was introduced in December 2017 as part of the 2017 Tax Cuts and Jobs Act. In the process of completing our review, we have changed our original estimate for the tax due on historical international earnings and recorded a one-time expense of $1.1 million as a consequence. Our effective rate for the quarter including the one-time expense was 33%. The underlying rate by which I mean excluding the one-time transition tax expense was 23.1% for the quarter, which compares well with the guidance we have given in previous calls for rate between 25% and 27%. Our rate was better than the range because our 3-month international performance was stronger than we used as a basis for our guidance.

    In comparison, our effective rate for the 3 months ended September 30, 2017 was 32%. Overall, net income for the quarter increased by 60% to $6.5 million or $0.22 per share as compared to $4.1 million or $0.14 per share at this time last year.

    For the 9 months ended September 30, 2018, net sales ended at $323 million, a rise of 35% when compared to the same period of 2017. Further, gross margin continued at 40% as compared to 43% for the same period of the prior year. The gross margin level of 40% reflects the solid strength of our brands, our strong manufacturing performance and the inclusion of the businesses and products acquired in 2017 that drive high sales and lower average margins as compared to our pre-acquisition product portfolio.

    Our operating expenses, when expressed as a percentage of sales were 32% of sales for the first 9 months of 2018, as compared to 35% for the same period of the prior year. The reported operating expenses, our net of adjustments of $5.4 million, following the reassessment of the fair value of deferred earn out liabilities that we have made at each balance sheet date as required by US GAAP.

    Our net income for the first 9 months of 2018 amounted to $16.8 million or $0.56 per diluted share as compared to $11.8 million or $0.40 per diluted share in the same period of 2017, a 42% period-over-period increase. From my perspective, the key financial issues for the Company remain consistent. First, we continue to follow a disciplined approach to planning our inventory activity, balancing overhead recovery with demand forecasts and inventory levels. in both the 3 and 9 months ended September 30, 2018, our factories have performed strongly and helped us generate the 41% gross margin performance I just discussed. In managing our factory operations, we were judicious about building inventory to meet the needs of the season. As you will note from our financial statements, inventory remains flat with the level at the end of the second quarter of 2018 and is up approximately $40 million when compared to December 2017.

    Of that increase, approximately 75% or $13 million of the increase was the inventory that we purchased, not inventory that we manufactured. The level of purchased inventory increased during the 9-month period for three reasons; first, the products we acquired during 2017 with a very low level at the end of 2017 as we were resolving supply chain challenges; secondly, at the end of the third quarter, our newly acquired distribution businesses are at the high point of their annual seasonal cycle as compared to a low point at December 31, 2017; and third, the Company has purchased certain products from China ahead of any potential tariffs.

    Second, our effective tax rate ended at 28.2% year-to-date as compared to 29.2% for the same period of the prior year. As discussed earlier, the current year includes the one-time charge related to the transition tax. But for the one-time charge, the effective tax rate for the 9-month period would have been 23.8%. Notwithstanding this first 9-month performance, we expect that our Q4 2018 tax rate will be in the range of 25% to 27%. Third, with regards to liquidity, at the end of the third quarter availability under our credit line stood at $105 million as compared to $125 million this time last year. This performance includes increased borrowings, which the Company made in the fourth quarter of 2017 to buy the two distribution businesses OHP and AgriCenter.

    Indebtedness as of September 30, 2018 was $97 million as compared to $77 million this time last year. At December 31, 2017 debt was $77 million. Finally, in an effort to further support investors understanding of the business and its financial performance, in the earnings release, we have reported EBITDA for the 3- and 9-month periods ending September 30, 2018 and included a reconciliation statement between net income and EBITDA. Our EBITDA improved by 45% in the quarter to $17 million, whereas net income improved by 60% as I just described. The difference in growth rate is caused by the economical prices paid by the Company for the acquisitions in 2017, which results in amortization expense, which hasn't increased in proportion with the expansion of the business generated by the acquisitions, offset partly by the interest expense resulting from borrowings made to facilitate those acquisitions. For the 9-month period, EBITDA improved by 30% to $45 million as compared to $34 million for the same period of the prior year.

    In summary, when looking at the year-to-date financial results, we can say that we have recorded significantly stronger sales, achieved gross margins that are in line with our projections, better than forecast factory output and gained economies of scale for our operating costs. We have improved on the tax rate, we predicted when we last spoke to you, this all came together in a 60% improvement in net income for the quarter and 42% year-to-date. Furthermore, we have maintained the strong balance sheet, along with sufficient borrowing capacity to execute on our acquisition strategies as opportunities arise.

    With that, I will hand back to Eric.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Thank you, David. We expect the fourth quarter to be our strongest of the year in both the top and bottom lines. Upsides for Q4, which include sales from AgriCenter, soil fumigants in our Parazone and Equus brand. I will cover other forecasted full year metrics at the end of my comments. First, however, I want to comment on the development of our SIMPAS precision application system. As you recall in 2017, we validated the operation of the system and down with the performance of our wireless control system, the accuracy of our meters and the durability of the system exceeded expectations.

    In 2018, AMVAC work with Simplot Grower Solutions to demonstrate large scale prescriptive application of AMVAC's Counter 20G insecticide to address well defined nematode management problems. Combining SIMPAS variable rate application technology with Simplot's smart farm prescriptions enable's growers to target crop protection and nutritional products in a precise manner. In all our trials, SIMPAS technology performed very well. Yield data is being analyzed by an independent third-party and those results will be available by year-end.

    During the planting season of 2019, we are targeting additional customers who used our SIMPAS system equipped with both granular and liquid meters dispensing multiple products. Thereafter, we expect to be in position to begin commercialization of this proprietary technology in 2020. We continue our collaboration with Trimble on synchronizing SIMPAS with their superior geo positioning software. Specifically, Trimble is helping to develop a universal interface that will enable SIMPAS to be plugged into most tractor displays. Additionally, we have conducted market demand and pricing assessment of this technology with Trimble's Vantage retail network to determine a detailed commercialization plan for SIMPAS hardware by retailers who are experts in precision ag. Also related to SIMPAS, we continue to expand our intellectual property portfolio.

    Recently, we received approval of below rate application patent from the European Union having claim similar to the patent that we had been granted by the US Patent and Trademark Office. Further, we just filed a patent application that embodies our technology for applying both liquid and granular inputs in/or near the placement of the seed during planting. This seed product placement technology will give SIMPAS users greater efficiency at lower rates with a higher level on accuracy all at time of plant. Also in the area of technology, we reported separately this morning, American Vanguard has agreed to acquire all of the outstanding shares of Tyratech at 3.15 pence per share or approximately $4.5 million. That deal is set to close on November 8, Thursday of this week.

    As you may recall, we had been a minority shareholder in Tyratech since 2012 and both AMVAC and Tyratech have been partners in a related joint venture AMVAC. We're interested in Tyratech for a number of reasons. First, the proprietary technology involves the use of essential oils such as thyme and eugenol in various formulations that control insects by targeting specific nervous system receptors found only in invertebrates.Consequently, their products are safe for use in proximity, to people and their pets. Second and that has been a licensee of this technology for using consumer, professional pest control and agricultural applications. So we know that it works.

    Third by acquiring Tyratech, we will have the opportunity to expand this technology into the mosquito repellent and animal health markets. On a related note, today our major -- majority owned subsidiary Envance announced a global joint development and license agreement with Procter & Gamble to develop new consumer pest control products based on this essential oil technology. By entering into a collaboration with P&G, Envance has secured a world-class commercial partner with proven consumer product knowledge and a global go-to-market capabilities.

    As P&G asserts, Envance's proprietary innovation facilitate insect control alternative to the use of traditional insecticides, which addresses a rising consumer need to control insects with products that are safe and effective around people and pets. P&G has already begun commercialization of this technology for use in their new range of pest grade products, under the trade name Zevo. We encourage you to explore this exciting new product Zevo that's zevoinsect.com.

    From technology, we turn to shareholder value. Today, we announced that our Board of Directors has approved the repurchase of up to $20 million worth of our common stock in the open market, depending on market conditions over the short and mid-term. Why we're doing this? We believe that is important for us to show support to the value of our equity particularly when -- as now, our financial performance continues to be strong in spite of volatile conditions in the stock market.

    Our credit agreement permits us to make repurchases up to this level and our remaining borrowing capacity gives us ample resources for pursuing acquisition targets, while we intend to continue our long-standing dividend policy, which gives shareholders a share of our profitability, we believe that this repurchase initiative will further enhance total shareholder value.

    Now an update on our target parameters for 2018. We expect to achieve total net sales of between $450 million and $460 million, gross margins at the upper end of our 38% to 40% range. Operating expenses around $150 million. The tax rate for all jurisdictions of approximately 27%. And as I mentioned, we expect the fourth quarter to be our strongest of the year, both in terms of revenues and profit.

    In summary, we are doing well both top and bottom lines are up strongly for the 3 and 9 months. Our acquisition strategy continues to bear fruit as we successfully expanded into new territories and markets. We're deriving great benefit from our domestic factories in the face of supply chain uncertainty. Our financial discipline has remained firm, even as we invest in technology development and pursue exciting developments like Trimble and Procter & Gamble.

    With respect to 2019, we expect to be roughly in line with analysts' current expectations. We should see growth across most all product categories, continued strong manufacturing performance and controlled operating expenses as we invest in technology and remain active in the acquisition market. Against that backdrop, we have sufficient confidence in American Vanguard that we're investing in our own share repurchase. We hope that you share that confidence.

    And I'd like to open up to any questions you may have. Sherry.

    Questions and Answers:

    Operator

    Thank you. (Operator Instructions) Our first question is from Joseph Reagor with ROTH Capital Partners. Please proceed with your question.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Good afternoon, guys and thanks for taking the questions. I guess first thing, looking at kind of the sales mix during the quarter, it seems like insecticides have continued to kind of lag last year's pace, at least, on like a 9-month basis. Is that all being driven by weather? Is the China tariffs being an issue there and like how should we think about that normalized heading into 2019?

    Eric Wintemute -- Chairman and Chief Executive Officer

    So insecticides, I mean the biggest difference quarter over -- year-over-year quarter was the Dibrom and -- I'm sorry, non-crop, but it was insecticides. So that -- we had a record year last year and so that was down -- insecticides were down in that. From cotton, our Bidrin -- the pest pressure was not as strong as we expected and, of course, we had Texas that kind of burned up in a drought and then, of course, later in the season hurricanes that hit the eastern seaboard. I think those are predominantly the two factors on insecticides.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Okay. And then on the weather loss sales in the quarter, the $5 million. Do you think you can make any of that up in the fourth quarter?

    Eric Wintemute -- Chairman and Chief Executive Officer

    Yes. Projections are stronger for fourth quarter for AgriCenter as they do believe certain portions of that will occur in the fourth quarter. So yes, portion of that is timing.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Okay. And then shifting gears on the $20 million share repurchase, can you give us kind of a framework of your thoughts of -- obviously the Company's evaluation has pulled back with a number of your peers over the last call it 6 months. But if we were to see a rebound in the share price for the short term, would you guys continue to exercise that? Or is that going to be a diligence process to see where price -- your share price is at when you use it?

    Eric Wintemute -- Chairman and Chief Executive Officer

    I think it will be more of the latter. We do -- we have in the past had programs under way to help with shareholder prep as we have plants that occur and employees purchasing stock under employee stock purchase program, this obviously is a bigger number. So I think it'll be a combination. We'll look to repurchase that shares that might have caused dilution, but also we'll look at the price and make determinations what's prudent, some levels we get back 24 north than we may scale that.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Okay, thanks. I'll turn it over.

    Operator

    (Operator Instructions) Our next question is from Jim Sheehan with SunTrust. Please proceed with your question.

    Peter Osterland -- SunTrust Robinson Humphrey -- Analyst

    Good afternoon. This is Pete on for Jim. Looking forward, do you see any more areas where you might walk away from volumes, as this is a way to improve margins as you did during the quarter?

    Eric Wintemute -- Chairman and Chief Executive Officer

    Yes, I think it was -- it's more a timing issue. I think this was more specific to Parazone where we saw prices fall. I think there's volatility that's occurring from expectations of tariffs acquainted with inventory that people might want to sell. So I think for us it's a little bit more of timing where we saw moving in third quarter prior to product. I mean we have product that we did not pay the higher tariffs with and that we felt if we delayed, we well be able to make more money on it. I don't -- we don't have any plan going forward, where we would hold back, that was an opportune system or we just said, it makes sense for us to hold for quarter.

    Peter Osterland -- SunTrust Robinson Humphrey -- Analyst

    All right. Thank you.

    William Kuser -- Director of Investor Relations

    Sherry, are you there?

    Operator

    Yes. Our next question is from Bruce Winter (ph), investor. Please proceed.

    Unidentified Participant -- -- Analyst

    Yes. Thank you, Mr. Kuser does a wonderful job presenting American Vanguard at investor conferences. I think it would benefit the stock price if his work was more broadly publicized like with links on your website. And my only question is, could you please repeat the commercialization plan you have for SIMPAS?

    Eric Wintemute -- Chairman and Chief Executive Officer

    Sure and just thanks for the compliment to Bill. He's a great asset to the Company. We did just this last week redo our website. And so I think we're...

    William Kuser -- Director of Investor Relations

    We redid the AMVAC chemical website and henceforth, we will be reviewing and enhancing the AVD, the corporate website. So that's a work in progress, but I appreciate your comment Bruce, that's always important to be able to communicate the message, because we actually think that our message is a lot stronger than perhaps we're being given credit for, so thank you for that comment.

    Unidentified Participant -- -- Analyst

    So next week at Dallas, why don't you tell everyone about next week in Dallas?

    William Kuser -- Director of Investor Relations

    I certainly will. I'll be there next Wednesday, will you be there as well?

    Unidentified Participant -- -- Analyst

    No, but it's on the Internet. So that -- it's been nice having a link on your website, et cetera, et cetera.

    William Kuser -- Director of Investor Relations

    Excellent, excellent suggestion. That is a conference that is going to be webcast and we can certainly tie that into the website, excellent suggestion.

    Unidentified Participant -- -- Analyst

    Thank you.

    William Kuser -- Director of Investor Relations

    Yes, thank you.

    Eric Wintemute -- Chairman and Chief Executive Officer

    With regard to SIMPAS, so what -- the plan here is that for the 2019 season, we want to get multiple products going down both liquid and granular. And prescriptively, as I said, this year we did a granular product down prescriptively. We want to now get multiple products, also the target is to have Trimble's system, originally we were doing this with an iPad. But in collaboration with them, they indicated that they would be able to bypass the iPad and go straightly onto the screen in each of the cabs that were whether it was John Deere or (inaudible) that it would adapt straightly into that. So I think growers -- growers are not minded having -- the SmartBox screen inside of their cab, but we're trying to improve every part of this and this would just be one less screen that they need to have in their cab. With that then, we will -- we'll be testing these multiple products, getting this linked into the cabs themselves, so that when you hit 2020, we should be able to do this without a glitch. And people are -- I'm always pushing to go faster, our people are quick to point out that you get one first launch and so we have been little more conservative, I think 2019 was my original target and the -- but 2020, we should be all set to go.

    Unidentified Participant -- -- Analyst

    So, who's going to figure out how to determine, what to tell the machine to do, and who's going to manufacture and service and sell the machines?

    Eric Wintemute -- Chairman and Chief Executive Officer

    So the manufacturing of it -- we have same company that has been doing our SmartBox manufacturing it's called World-Class, they'll be doing initially the assembly and selling the units initially to Trimble. Trimble has 90 outlets in United States, retail outlets that sell equipment that are expected to begin marketing the product. I think as far as who's writing the prescription and that's really what we call it, telling the machine what to do. Simplot is the first company that has stepped up and said, we've got -- we have grown as capable and being able to write the prescription. We have other companies that have expressed interest that I think we'll follow on shortly, that will also look to have their enormous -- be able to right prescriptions to apply multiple products at time of plans both on a prescription level and that I talked about this new patent that we filed for which would allow us to time the product that goes down with the seed and it doesn't mean that it has to go on top of the seed or right at the seed, if there is any products that might have any sort of phytotoxicity that might affect germination, they can go with the side dress, the whole point is that we now are able to link the application of our products and time it with the seed coming out and that's another big big step forward for us.

    Unidentified Participant -- -- Analyst

    That's good, I look forward to the progress. Thank you very much.

    Operator

    And we now have a follow-up question by Joseph Reagor with ROTH Capital Partners. Please proceed.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Hey guys, just got a one more thing. Looking at working capital, it's consumed about $70 million so far this year, $75 million-ish. It looks like that's going to, at least, partially reverse in Q4, is that the correct assessment and is that also where the $20 million or so is coming from -- to target share repurchases?

    Eric Wintemute -- Chairman and Chief Executive Officer

    So the first question was about $70 million. We don't have that right.

    David Johnson -- Chief Financial Officer

    I didn't think it was that big. But...

    Eric Wintemute -- Chairman and Chief Executive Officer

    So I thought you said we're at $15 million so far this year?

    David Johnson -- Chief Financial Officer

    Well, the change in working capital is greater than that because we've got the cash inflow from the business-generate from the business, so then that was $15 million.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Yes. So net $15 million. So we're expecting, as you said, strong cash flow in the fourth quarter?

    David Johnson -- Chief Financial Officer

    Yes, we normally have. inventory comes down and payments come in from customer. So that tends to finish the cash cycle, and we do tend to see a better final quarter for the year.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Okay. And so that will give you guys kind of the extra cash you need to move things forward with the -- repurchasing?

    Eric Wintemute -- Chairman and Chief Executive Officer

    Yes, if you look at the change in working capital from December 31, 2017, is $53 million. So maybe we need to just check.

    David Johnson -- Chief Financial Officer

    But yes -- looking at your -- yes, we've even generate -- I think we'd expect to generate more than $20 million in the fourth quarter.

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Okay. All right, thanks, guys.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Thank you.

    Operator

    (Operator Instructions) And our next question is from Neil Van Horn with Guyasuta Investment Advisors. Please proceed.

    Neil Van Horn -- Guyasuta Investment Advisors -- Analyst

    Yes, could you just summarize, again, the impact of the tariffs either on chemicals you import from China or other countries and conversely, tariffs would be levied on sales from you to China or other countries. How that exactly plays out?

    Eric Wintemute -- Chairman and Chief Executive Officer

    Sure, I mean, the easiest one with China to-date we have not sold product, and we do not have registrations for product in China. I will tell you that the Chinese companies and government are very interested in SIMPAS. So it's something that we do believe will happen. We do have some registrations that we are looking to get there. But for now, there is no impact and certainly in the mid term. With regards to products that we have imported and I mentioned about including raw materials, it's about 10% of the products that we purchase or manufacture. And the duties have been in that, I'll call 5% to 6% range historically with the new act of tariffs effective October 1 that was increased by 10%. So you're looking at 15% to 16%. And scheduled to go into effect 1st of January would be an additional 15%. So that would put products that were in the 5% of 25% to 30%, 31%. So a lot of companies are looking into India and other countries. There's also the coupling that a lot of supply out of China has been disrupted largely environmental compliance issues. So with regards to ourselves, we have purchased some products in advance of October 1, we have some products scheduled that we're purchasing in advance of January 1, which is certainly leading to part of why our inventories have increased because we think it's prudent to purchase prior to these duties. On a go-forward basis, as I mentioned product Bromacil doesn't -- it's not subject to those duty increases, it's a product that we purchases from China for our international business, but more recently, we did purchased payors domestic business of which we we are now in a position to service that market as well. So I don't know if I tied up all your questions or not.

    Neil Van Horn -- Guyasuta Investment Advisors -- Analyst

    Well, it certainly ties that up, but it's a screwed up mess that's for sure.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Well, we tend to be politically neutral on phone calls, but...

    David Johnson -- Chief Financial Officer

    But you may be right.

    Eric Wintemute -- Chairman and Chief Executive Officer

    I mean, it's -- I think what has occurred in the past, isn't always necessarily a fair and balanced situation and some of these are addressing that today.

    Neil Van Horn -- Guyasuta Investment Advisors -- Analyst

    Thank you.

    Operator

    Ladies and gentlemen, we have reached the end of our question-and-answer session. I would like to turn the call back over to management for closing remarks.

    Eric Wintemute -- Chairman and Chief Executive Officer

    Okay, thank you. And I appreciate everybody's participation in today's call and we look forward to updating you on further progresses, we look to increase shareholder value. Thank you.

    Operator

    Thank you. This concludes today's conference. You may disconnect your lines at this time, and thank you for your participation.

    Duration: 43 minutes

    Call participants:

    William Kuser -- Director of Investor Relations

    Eric Wintemute -- Chairman and Chief Executive Officer

    David Johnson -- Chief Financial Officer

    Joseph Reagor -- ROTH Capital Partners -- Analyst

    Peter Osterland -- SunTrust Robinson Humphrey -- Analyst

    Unidentified Participant -- -- Analyst

    Neil Van Horn -- Guyasuta Investment Advisors -- Analyst

    More AVD analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

    Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.


    Here's the deal with Amendment 1, the constitutional revision on ballots Tuesday that would change S.C. education | killexams.com real questions and Pass4sure dumps

    On Tues. Nov. 6, voters across South Carolina will be asked a long and convoluted question about the future of the role of Superintendent of Education.

    More specifically, voters will check "yes" or "no" on whether candidates for the job should be voted on by the general public or appointed by the governor, with confirmation from the state Senate, starting in 2023.

    Amendment 1 reads as follows:

    Must Section 7, Article VI of the Constitution of this State, relating to state constitutional officers, be amended so as to provide that beginning in January 2023, or upon a vacancy in the office of Superintendent of Education after the date of the ratification of the provisions of this paragraph, whichever occurs first, the Superintendent of Education must be appointed by the Governor, with the advice and consent of the Senate; to provide that the appointed Superintendent of Education shall serve at the pleasure of the Governor; and to require the General Assembly to provide by law for the duties, compensation, and qualifications for the office?

    The S.C. Department of Education oversees policies for K-12 schools statewide.

    Currently, the state constitution specifies that the Superintendent of Education, along with the state's Attorney General, Treasurer, Comptroller General, Commissioner of Agriculture, and Adjutant General, are to be elected for four-year terms by qualified voters.

    2018 City Paper Election Guide: Fantastic candidates and where to find them

    2018 City Paper Election Guide

    Fantastic candidates and where to find them

    You've posted on Instagram about registering to vote. You told your friends to vote. You may have already voted. But if not, it's time to head to the polls. To help you cast your vote, here's our deep dive on the state and local races up for grabs this year.

    By City Paper Editorial Staff

    Features

    That last position is now appointed by the governor after 56 percent of voters approved a similar constitutional amendment in 2014.

    Not everyone welcomes this year's proposal.

    Jon Hale is a co-chair of the Quality Education Project, a Charleston-based organization that works to encourage equitable education policy.

    So far, the grassroots group has mostly focused on its 2018 school board endorsements. When asked about Amendment 1, Hale says approving it would go against the organization's mission.

    "It does not align with QEP values to consolidate power with one person in a position that has historically worked against the interest of all students, particularly students of color and poor communities," he said in an interview with the City Paper.

    In a YouTube video uploaded by the South Carolina Chamber of Commerce, former Republican Gov. Nikki Haley and former Democratic Superintendent of Education Inez Tenenbaum speak in support of governors appointing their superintendents.

    "This is a needed change to set a foundation to build a stronger voice for public education in South Carolina," says current Republican Superintendent Molly Spearman in the video.

    Earlier this year, U.S. News & World Report ranked South Carolina 48th in education, beating only Louisiana and New Mexico. The lowest rankings were for pre-school enrollment and eighth grade math and reading scores. South Carolina fourth graders came in at 47th in the nation on the reading section of the NAEP, down from 39th in 2015, according to the Post & Courier.Some proponents of Amendment 1 argue that transferring power from voters to the governor would de-politicize the office and allow superintendents to focus solely on policy.

    "South Carolina is missing out on the most qualified candidates," said South Carolina Chamber of Commerce President Ted Pitts in a press release sent by the state Department of Education. "Few people are prepared to put their livelihoods on hold for a year to raise hundreds of thousands of dollars and undergo the rigors of the campaign trail."

    Hale, who is also a professor of American education at the University of South Carolina, says the position is political no matter how it's filled.

    Governors often appoint state officers based on their views, and in a red state where the battle over "school choice" constantly looms, he wouldn't have confidence in the final selection.

    "We’re not in a position where this would actually work," he said. "This is asking for an incredible amount of trust where it doesn’t exist."

    Sherry East, president of the S.C. Education Association, says the governor already gets to appoint the 18 members of the Education Oversight Committee, which sets testing and reporting standards for the state's schools."We are saying to vote no," she says. "You could potentially get someone who has no education background should the governor be allowed to appoint that."

    On Wednesday, Gov. Henry McMaster expressed support for the amendment in a tweet that touted the benefits of having a superintendent "working in lock step with the entire executive branch on a unified vision for education excellence in South Carolina."

    A spokesman for Rep. James Smith, a Democrat running against McMaster, says that the Richland County lawmaker and his running mate, Rep. Mandy Powers Norrell of Lancaster, proposed an amendment in the state House that would have required gubernatorial appointees to have substantial public school experience. It did not pass.

    "We don't need a Betsy DeVos in South Carolina," James said in a statement, referring to the current U.S. Secretary of Education, a billionaire former charter school lobbyist who was appointed by President Donald Trump shortly after his election in 2016.

    Critics often point to the damaging effects of "school choice" initiatives on public schools in Devos' home state of Michigan.

    East is worried that, should the amendment pass, the minimal criteria for an appointee could lead to a similar situation.

    "The fear is that, at the federal level, you have someone in charge whose children never attended public school, so they’re really out of touch with what really goes on in the classroom," she said. "You’re asking someone to coach football who’s never played football."

    Kathy Mannes, executive director of the Palmetto State Teachers Association, says her group has used the proposed amendment as an opportunity to inform rather than endorse.

    "I don’t think many people in the education community are in favor of it," she said.

    In an emailed statement, S.C. Democratic Party chair Trav Robertson signaled that he opposed the amendment based on McMaster's views about safety in schools.

    "Henry McMaster wants to arm teachers, instead of raise their pay," he said. "As my old boss Major Grady L. Patterson Jr., who flew Mustangs off of Iwo Jima and helped save the world from fascism and imperialism, used to say: We should always be concerned when someone wants to eliminate a free press and eliminate our right to elect people to offices."

    The S.C. Republican Party did not respond to a request for comment.

    Endorsement: NoWe understand and appreciate the motivation for putting Amendment 1 to a vote and agree that it is likely well-intentioned. The state legislature has failed to effectively reform education for a generation, and this amendment would allow those same people to have control over the requirements for the job and be tasked with rubber stamping whoever the partisan governor (likely of the same political party) selects to fill the position. The current method of popularly electing the state superintendent isn't perfect, but neither is this amendment. —Editorial Staff


    Lessons Learned from Explore It! by Elisabeth Hendrickson | killexams.com real questions and Pass4sure dumps

    Photo by Andrew Neel on Unsplash

    After spending a lot of time working in various creative and technical writing positions, I recently switched tracks and became a Quality Assurance Automation Engineer at Endava. I put to good use my programming skills, my curious nature, and my tendency to put myself in the user’s shoes when interacting with software.

    However, I was more than willing to acknowledge my lack of hands-on knowledge with QA. I dabbled with such things at my previous position, as well as while I learned for the Foundation Level Tester exam from the ISTQB (International Software Testing Qualifications Board).

    As such, I began looking for books that could prove useful in expanding my QA skill set. I soon came across Explore It!: Reduce Risk and Increase Confidence with Exploratory Testing, written by Elisabeth Hendrickson. Thanks to Endava’s subscription to the physical Bookster library service, I was able to score a copy and began reading it, while taking notes. Below, you can find some of the most important lessons I learned from the book.

    Have a charter and logging your actions

    First and foremost, when technical people think of exploratory testing, most of them think about random or so-called “monkey testing” where you push buttons, access menus, and do all sorts of things in a chaotic order.

    However, exploratory testing is quite the opposite. Like any real-life exploration, you need a map, or a charter, which dictates what exactly is your mission and offers a bit of focus on how you can achieve it. Instead of going into an application and saying “I’ll find every bug possible”, it’s maybe better to say “I’ll focus on UI interaction and check for bugs when using all possible control methods (mouse, keyboard shortcuts, etc.).”

    As you can see, the two charters are quite different and, by using the second one, you have a much larger chance of finding bugs, because you know what to test and how to do it, instead of wandering aimlessly through the application.

    Another important aspect is to log your actions and their results. If you do find a bug, replication steps are essential. As such, knowing what you are focusing on and what you did leading up to the defect’s presence can make your life much easier.

    Going one step further from logging your actions, make sure you observe the details. Don’t get too comfy and try to figure out the role of each variable, result, and sequence of interactions. After spending a lot of time with an application, you may get stuck in a routine. This is a big problem, as it can narrow your field of view, thereby causing you to miss out on potential bugs.

    A good way to vary your testing is to use the so-called testing personas. These make you behave in different ways than your regular one and can often lead you off the beaten path. One really good article with concrete examples is this one.

    Go beyond the application under test

    Don’t forget that the software you are testing is a part of a whole ecosystem. It doesn’t run in a void in space. Instead, it functions in an operating system, uses dependencies and relies on all sorts of things to work as intended.

    As such, try to also explore these other elements. For example, how does the application perform when running on a system with limited resources, no internet connectivity, or with missing prerequisites. Anything is possible “in the wild”, where users don’t always behave as you expect.

    Explore the system, map out important pieces, and talk with colleagues from other teams to figure out elements that can have a big impact on your application. A risk-weighted analysis could make management take notice of your efforts and give you more resources to work with.

    Employ heuristics and make things easier

    A heuristic is basically a pre-defined technique you can employ to help in your work. Elisabeth offers a wide array of examples in the book, such as Never & Always (what should your software never & always do), Zero, One, Many (putting in an input field 0, 1, and a very high number), or Some, None, All (including some elements, none of them, or all of them).

    Having these heuristics in your testing tool belt means you’ll be able to perform exploratory testing more easily and in a more efficient manner. You may be surprised about what you can find when employing some of these techniques. There are many great resources and even cheat sheets, so don’t be afraid to search for Testing Heuristics in your favorite search engine.

    Conclusion

    Summing up, after reading Explore It!, I would now describe exploratory testing as broad yet focused and calculated yet permissive. You need to have a high level view of the application under test, as well as its ecosystem, but also focused missions and methods to achieve them, in order to not lose time and effort. What’s more, be observant of every little thing, and don’t be afraid to chase after them, as they could lead to some important bugs.

    Explore It! is available in many book stores, especially online. It is also available through Safari Books, so if your organization has a membership, you can read it for free.



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    ASTQB ISTQB-Level-1 Exam (American Software Testing Qualifications Board Level 1) Detailed Information



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