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NEW QUESTION: 1
At the end of a fiscal period, any revenue that has been earned but not received should be credited to an appropriate
A. revenue account
B. asset account
C. expense account
D. liability account
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Revenue should be recognized in the period in which it is earned and is credited to the appropriate revenue account.

NEW QUESTION: 2
The PRIMARY objective of periodically testing an incident response plan should be to:
A. highlight the importance of incident response and recovery.
B. improve employee awareness of the incident response process,
C. improve internal processes and procedures,
D. harden the technical infrastructure.
Answer: A

NEW QUESTION: 3
Which one of the following is the BEST description of a major incident?
A. An incident which is so complex that it requires root cause analysis before a workaround can be found
B. An incident which requires a large number of people to resolve
C. An incident logged by a senior manager
D. An incident which has a high priority or a high impact on the business
Answer: D
Explanation:
Explanation/Reference:
Explanation: