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NEW QUESTION: 1
During 20X5, Dale Corp. made the following accounting changes:
What amount should be shown in the 20X5 retained earnings statement as an adjustment to the
beginning balance?
A. $0
B. $98,000
C. $128,000
D. $30,000
Answer: B
Explanation:
Choice "c" is correct. $98,000.
The cumulative effect of a change in accounting principle is now shown on the retained earnings
statement as an adjustment to the beginning balance of retained earnings, assuming that the cumulative
effect can be calculated. A change from LIFO to FIFO for inventory valuation (costing) is a change in
accounting principle.
An exception is made however, for a change in depreciation method, since a change in depreciation
method is no longer considered to be a change in accounting principle. A change in depreciation method
is now considered to be both a change in principle and a change in estimate.
These changes should now be accounted for as a change in estimate and handled prospectively.
The new depreciation method should be used as of the beginning of the year of change and should start
with the current book value of the underlying asset. No retroactive or retrospective calculations should be
made, and no adjustment should be made to retained earnings.
Choices "a", "b", and "d" are incorrect, per the above Explanation: .
NEW QUESTION: 2
You created a thick-provisioned NAS volume. You receive an alert that the snapshot reserve is full.
In this scenario, which two actions will solve this problem? (Choose two.)
A. Increase the fractional reserve.
B. Increase the snapshot reserve percentage.
C. Delete Snapshot copies.
D. Decrease the volume size.
Answer: A,C
NEW QUESTION: 3
HOTSPOT
Point and click on the area of the graphic that identifies the area that the Microsoft System center uses to communicate with HPE OneView.
Answer:
Explanation:
INSIGHT PLUG-IN BOX
NEW QUESTION: 4
DRAG DROP
The service has been deployed to Windows Azure.
Trey Research has provided version 1.3.0.0 of the assembly to support a change in the serialization format. The service must remain available during the transition to the new serialization format.
You need to ensure that the service is using the new assembly.
Which configuration setting should you add to the web.config? (To answer, drag the appropriate configuration elements to the correct location or locations in the answer area. Each configuration element may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.)
Answer:
Explanation:
See: http://msdn.microsoft.com/en-us/library/7wd6ex19.aspx