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NEW QUESTION: 1
Firms X and Y, similar in all respects, recently bought identical securities. However, X has classified the securities as "held-to-maturity" securities while Y has categorized them as "available-for-sale" securities.
Which of the following statements is/are true as a result of this difference?
I. X and Y will show same assets on their balance sheets over time.
II. X will have a higher income volatility than Y.
III. X and Y will show different total equity values.
A. I, II & III
B. III only
C. I & III
D. I & II
Answer: B
Explanation:
Explanation/Reference:
Explanation:
"Available-for-sale" securities are reported at their fair market value on the balance sheet while "held- to- maturity" securities are carried at amortized historical cost. Therefore, the reported assets for X and Y will be different over time. Hence, they will also show different equities because liabilities for the two firms are the same. However, changes in the market value of available-for-sale securities are charged directly to the retained earnings account, without going through the income statement. On the other hand, changes in the market value of "held-to-maturity" securities are not even recognized on financial statements due to historical cost accounting. For both the classifications, interest and dividend payments are attributed to the income. So the income volatility is not affected due to the classification.
NEW QUESTION: 2
Which statement is FALSE, regarding the installation of Open Data Manager (ODM)?
A. It is supported on SUSE Linux Enterprise Server
B. It is supported on AIX
C. It is supported on Windows Server
D. It is supported Red Hat Enterprise Linux
Answer: A
NEW QUESTION: 3
Your customer's server failed. You have followed the HP Six Step Troubleshooting Methodology and have determined that the problem, a defective power supply, is fixed. You recommend to your customer that they install a redundant power supply to help prevent further downtime.
Which step of the HP Troubleshooting Methodology are you implementing?
A. Develop an action plan
B. Execute an action plan
C. Implement preventive measures
D. Evaluate data
Answer: C
Explanation:
Step 6 - Implement preventive measures
As soon as the problem is resolved, look at opportunities to implement preventive
measures to stop the problem from occurring again, and look for other ways to
improve or increase availability.
To implement preventive measures:
1.Determine the root cause of the problem.
2.Determine proactive steps that can prevent the problem from recurring.
3.Devise a system test to verify changes and procedures before implementing them.
4.Implement a new set of procedures, software, and administrative maintenance to attain a higher level of availability.
5.Perform preventive maintenance, including checking for loose cables, reseating boards, and checking for proper airflow.
6.Add fault-tolerant elements to critical subsystems, where applicable. A carefully planned system software maintenance strategy maximizes server stability and availability. By developing well-regulated system software baselines for business servers, you can reduce the time required to update or troubleshoot existing servers and ensure that new servers are set up with tested and stable software configurations. Also, an appropriate service agreement for hardware and software can minimize downtime.