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NEW QUESTION: 1
Under the asset/liability method of calculating deferred tax consequences for temporary differences, deferred taxes are determined on the basis of:
A. enacted future marginal tax rates
B. partial recognition of temporary differences
C. tax rates in effect when the timing differences originate
Answer: A
Explanation:
The future consequences of income tax allocation should be determined using the rates in the future when the temporary differences reverse.
NEW QUESTION: 2
jerry has just been appointed the director of Foodgo Pic, an international supermarket chain. He outlines his main priorities to his staff, which are as follows:
1: To increase sales from £23bn per year to £30bn per year within the next five years.
2: To increase the number of items stocked in Foodgo stores to attract more customers.
3: To prioritise sales figures over profits, which have been stagnant for five years.
Which of the following best describes why shareholders may be unhappy with jerry's approach to the business?
A. An increase in sales will lead to a fall in the price of shares in Foodgo Pic, meaning shareholders will receive less in dividends
B. The increase of sales from £23bn a year to £30bn a year is not ambitious enough and needs to be revised
C. An increase in the number of products in Foodgo stores will likely lead to increased footfall and hence increased sales and profits
D. A focus on sales rather than profits would mean shareholder dividends may decrease
Answer: D
NEW QUESTION: 3
An application contains a web services client and the application is deployed and running. A system administrator has to add a response timeout to the deployed web services client, so the call fails in a timely fashion.
Which artifact should the administrator use?
A. ibm-webservices-bnd.xmi
B. ibm-webservicesclient-bnd.xmi
C. web.xml
D. was-webservices-sca.xml
Answer: A
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