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Vendor: CIPS

Exam Code: L4M2 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following is/are true under accrual accounting?
I. Revenues are recognized when goods are delivered.
II. Revenues are recognized when cash is received.
III. Matching principle accounting is followed under accrual accounting.
IV. Cash outflows determine expense recognition.
A. I, III & IV
B. I & III
C. III only
D. I & IV
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Accrual accounting follows the Matching Principle, which requires that revenues and gains be recognized when earned and expenses and losses be recognized when incurred. Hence, revenue recognition is completely separate from cash flows. In the sales process, the earnings process is completed when goods are delivered and that's when revenue is recognized under accrual accounting.

NEW QUESTION: 2
Which among the below is NOT a key differentiator for Aspera EFSS Security?
A. Data Encryption Post Download
B. Hybrid Cloud - Local Storage Option
C. Enterprise Security (LDAR SSO. AV/DLP)
D. Storage Infrastructure Integration
Answer: C

NEW QUESTION: 3
Refer to the exhibit.

What is the output of this IOS-XE configuration program?
A. interface operational status in IPv4 addresses
B. interface administrative status in IPv6 addresses
C. interface administrative status in IPv4 addresses
D. interface operational status in IPv6 addresses
Answer: C

NEW QUESTION: 4
Which Open Replicator mode is used by the RecoverPoint VMAX write splitter?
A. Hot Pull
B. Cold Pull
C. Modified Hot Push
D. Cold Push
Answer: C


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