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NEW QUESTION: 1
Which of the following is correct concerning financial statement disclosure of accounting policies?
A. Disclosure of accounting policies is an integral part of the financial statements.
B. The format and location of accounting policy disclosures are fixed by generally accepted accounting
principles.
C. Disclosures should be limited to principles and methods peculiar to the industry in which the company
operates.
D. Disclosures should duplicate details disclosed elsewhere in the financial statements.
Answer: A
Explanation:
Choice "b" is correct. Disclosure of accounting policies (and all other disclosure also) is an integral part of
the financial statements. Choice "a" is incorrect. For disclosure of accounting policies, disclosure should
not be limited to principles and methods peculiar to the industry in which the company operates. All
material accounting policies should be disclosed. Choice "c" is incorrect. For disclosure of accounting
policies, the format and location of accounting policies are not fixed by GAAP. Accounting policy
disclosures are normally Note 1, but that is a (reasonable and very general) practice and not a "rule." It
does make sense to disclose the "why" before the "what." Choice "d" is incorrect. Disclosure of
accounting policies should not duplicate details disclosed elsewhere in the financial statements.
Interim Financial Reporting
NEW QUESTION: 2
Drag and Drop Question
Drag and drop the characteristic from the left to the matching Layer 2 protocol on the right.
Answer:
Explanation:
NEW QUESTION: 3
HOTSPOT
Your network contains two Active Directory sites named Site1 and Site2. Both sites contain an equal number of users. Each site contains two Exchange Server 2013 Mailbox servers.
You need to recommend a high-availability solution that meets the following requirements:
- If a single Mailbox server fails, the active mailbox database copies on that server must fail over to a Mailbox server in the same site. - If both Mailbox servers in the same site fail, the active mailbox databases copies must be switched over to the other site manually. - If a WAN link fails, multiple copies of the same mailbox database must not be activated in both sites simultaneously.
How should you configure the database availability groups (DAGs)? (To answer, configure the appropriate options in the answer area.)
Answer:
Explanation:
NEW QUESTION: 4
High-risk scores are those with an average of scores:
A. 4.25 or more
B. 4.00 or more
C. 3.75 or more
D. 3.25 or more
Answer: A