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NEW QUESTION: 1
Under accrual accounting, which of the following is/are Incorrect?
I. Revenues are recognized when cash is received.
II. The reported income is a good indicator of the firm's current performance.
III. Expenses do not always involve cash flows.
IV. Revenues and the related costs are matched in the same period.
A. III only
B. I only
C. II & III
D. All of these answers are correct
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Under accrual accounting, revenues are recognized when the earnings process behind the revenues is complete and expenses are recognized in the period the goods and services are used for generating income. Therefore, revenues and expenses do not always involve actual cash flows, though revenues and costs that are related do get matched in the same period whenever such an identification is possible.
NEW QUESTION: 2
When using QualityStage Match Stage, blocking strategy is used for ______________
A. eliminating records that do not have data value in the blocking fields from further matching.
B. grouping "like"records of high probability of match and comparing these records against records in other "blocks".
C. grouping "like" records of high probability of match and comparing these records against each other.
D. grouping "like" records of high probability of match and comparing these records against all residual records.
Answer: C
NEW QUESTION: 3
Click the exhibit button below. Given that the slope-policy (below) has been enabled and applied on a network port, which of the following statements are TRUE? (Choose three)
A. All out-of-profile traffic will be dropped before any in-profile is dropped.
B. When the shared buffer utilization reaches 51%, in-profile packets might be dropped.
C. The time average factor of 0 will discard all packets arriving in the shared buffer pool.
D. When an in-profile packet arrives and the shared buffer utilization is at 69%, the packet will have approximately a 60% likelihood of being discarded.
E. The highest probability with which an out-of-profile packet can be dropped is 20%.
Answer: A,B,D
NEW QUESTION: 4
A. Option D
B. Option B
C. Option C
D. Option A
Answer: A