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NEW QUESTION: 1
An entity has appropriately used the installment method of accounting sit began operations at the beginning of the current year. The following information pertains to its operations for this year:
The amount of gross profit deferred at the end of the current year should be:
A. US $288,000
B. US $144,000
C. US $720,000
D. US $216,000
Answer: D
Explanation:
The gross profit on installment sales in US $360,000$1.200.000 installment sales $840,000 cost of installment sales). Accordingly, the gross profit percentage is 30%US $360,000 gross profit -$1,200,000 installment sales), and the amount of gross profit deferred at the end of the current year is 1.11: r. $216.000 [($1 .200.000 installment sales - 480,000 collections x 30%]. General and administrative expense have no effect on the computation of realized gross profit or deferred gross profit. They are to be classified as operating expenses on the income statement in the period in which they are incurred.
NEW QUESTION: 2
A storage group named HOT_SG was created as follows:
What does the DATA TAG 1 clause do?
A. It indicates that the multiple storage paths referenced in the HOT_SG storage group definition exist in one physical location.
B. It assigns a unique identifier to the instance of the HOT_SG storage group being defined; this identifier can then be used when moving table spaces to and from the storage group, when dropping the storage group, or when commenting on the storage group.
C. It tells the DB2 Optimizer that database objects stored in the HOT_SG storage group are to be given preference over other objects when data access plans are generated.
D. It indicates that the value 1 is to be assigned to data stored in the HOT_SG storage group, which Workload Manager (WLM) can then use to determine the processing priority to assign to database activities that interact with this data.
Answer: D
NEW QUESTION: 3
Which is a purpose of a quality register?
A. To capture quality concerns about completed products
B. To record cross-references to issues relating to the quality of the products
C. To record the date a completed work package was received
D. To provide the status of quality activities carried out for completed products
Answer: C
NEW QUESTION: 4
A. Option C
B. Option D
C. Option A
D. Option B
Answer: B
Explanation:
AWS Cloud formation is an application management tool which provides application modelling, deployment, configuration, management and related activities. The template is a JSON-format, text-based file that describesall the AWS resources required to deploy and run an application. It can have option fields, such as Template Parameters, Output, Data tables, and Template file format version. The only mandatory value is Resource. The user can define the AWS services whichwill be used/ created by this template inside the Resource section
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