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NEW QUESTION: 1
XYZ's computerized accounting system automatically updates the non-current asset register when additions to property, plant and equipment are made A machine costing $120,000, with a useful life of five years and an estimated residual value of $12,000 is acquired at the year end.
Which of the following statements is correct in relation to the recording of this asset in the non-current asset register?
A. The journal entry to record the cost is Dr Asset $120,000 and Cr Bank $120,000 The five year useful life and estimated residual value of $12,000 are recorded
B. There is no journal entry but the cost of $120,000, the five year useful life and estimated residual value of $12 000 are recorded
C. There is no journal entry but the cost of $120,000 and the five year useful life are recorded
D. The journal entry to record the cost is Dr Asset $120,000 and Cr Bank $120,000 The five year useful life is recorded
Answer: B

NEW QUESTION: 2
The following describes the VPN configuration on a device.
Which of the following statements is true?
A. This command is configured on the CE of the customer network.
B. vpn-target 2:2 import-extcommunity indicates that the Import Target of the VPN is 2:2. Only one value can be set for the Import Target.
C. vpn-target 1:1 export-extcommunity indicates that the Export Target of the VPN is 1:1.
D. route-distinguisher 1:1 indicates that the RD value is 1:1, which is not globally unique.
Answer: C

NEW QUESTION: 3
A non-contributing predictor variable (Pr > |t| =0.658) is added to an existing multiple linear regression model.
What will be the result?
A. An increase in R-Square
B. A decrease in R-Square
C. No change in R-Square
D. A decrease in Mean Square Error
Answer: A