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NEW QUESTION: 1
Letters of credit are also known as:
A. Bond indentures
B. Customer acceptances
C. Term certificate
D. Allowance for loan losses
Answer: B
NEW QUESTION: 2
Which two statements about virtual networks in a Cisco-powered private cloud are true? (Choose two.)
A. N1KV supports dynamic routing on virtual networks.
B. The last vNIC can be deleted issuing the command no interface virtual.
C. Issue the show module command in virtual supervisor module to view virtual network mapping with VM.
D. Virtual networks are abstractions whose state is stored in the orchestration layer.
E. After the last VM is shutdown, the associated virtual network is gone for garbage collection.
Answer: A,C
NEW QUESTION: 3
The percentage of sales method, rather than the percentage of receivables method, would be used to estimate uncollectible accounts if an organization seeks to:
A. Use a method that approximates the matching principle.
B. Emphasize the accuracy of the net realizable value of the receivables on the balance sheet.
C. Use an aging schedule to more closely estimate uncollectible accounts.
D. Eliminate the need for an allowance for doubtful accounts.
Answer: A
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