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NEW QUESTION: 1
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with Quo's president and outside accountants, made changes in accounting policies, corrected several errors dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List B represents the general accounting treatment required for these transactions. These treatments are:
* Cumulative effect approach - Include the cumulative effect of the adjustment resulting from the accounting change or error correction in the 1993 financial statements, and do not restate the 1992 financial statements.
* Retroactive or retrospective restatement approach - Restate the 1992 financial statements and adjust 1992 beginning retained earnings if the error or change affects a period prior to 1992.
* Prospective approach - Report 1993 and future financial statements on the new basis but do not restate 1992 financial statements.
Item to Be Answered
As a result of a production breakthrough, Quo determined that manufacturing equipment previously depreciated over 15 years should be depreciated over 20 years.
List B (Select one)
A. Cumulative effect approach.
B. Prospective approach.
C. Retroactive or retrospective restatement approach.
Answer: B

NEW QUESTION: 2
Refer to the exhibit.

Some time ago you enabled statistic collection with the internal stats database and received a report that the /bootflash partition is full. Which two options to resolve the issue are true? (Choose two)
A. Stop pmon and drop PostgreSQL DB
B. Configure external statistics DB
C. Unmount and format /bootflash
D. Add logical volume to logicalVol01
E. Add additional physical volume to VoiGroup01
Answer: A,B

NEW QUESTION: 3

A. Option B
B. Option C
C. Option A
D. Option D
Answer: D