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NEW QUESTION: 1
Under accrual accounting, which of the following is/are Incorrect?
I. Revenues are recognized when cash is received.
II. The reported income is a good indicator of the firm's current performance.
III. Expenses do not always involve cash flows.
IV. Revenues and the related costs are matched in the same period.
A. All of these answers are correct
B. I only
C. III only
D. II & III
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Under accrual accounting, revenues are recognized when the earnings process behind the revenues is complete and expenses are recognized in the period the goods and services are used for generating income. Therefore, revenues and expenses do not always involve actual cash flows, though revenues and costs that are related do get matched in the same period whenever such an identification is possible.

NEW QUESTION: 2


Refer to the exhibits.
A network engineer has worked with PC support to install a new PC. After correctly configuring the PC's interfaces with valid IP addresses, the PC is not able to ping other devices on the 192.168.13.0/24 network.
The output from the PC after executing the command ipconfig /all is below:
The network engineer executes the command show mac address-tableon the N-series switch to which the PC is connected.
The output of the show mac address-tablecommand is below.
What are two reasons that the PC is unable to ping other devices? (Choose two.)
A. The switch has not seen traffic from the PC and does not have an entry in the mac address table for the PC.
B. The port on the N-Series switch that the PC is connected to is shut down.
C. The switch is not registering MAC addresses in the MAC address table and needs to be reset.
D. The default gateway needs to be configured for the network 192.168.13.0/24 to ping devices on the
192.168.13.0/24 network.
E. The ARP table is corrupt on the PC and is not allowing the PC to register its MAC address with the switch.
Answer: A,E

NEW QUESTION: 3
Click the Exhibit button. Referring to the exhibit, which statement is true?

A. R4 is elected as the DR.
B. R3 has the complete OSPF database.
C. R1 and R2 are elected as DROTHERs.
D. R3 and R4 have an adjacency state of Full.
Answer: A,B
Explanation:
C: In LANs, the election of the designated router takes place when the OSPF network is initially established. When the first OSPF links are active, the routing device with the highest router identifier (defined by the router-id configuration value, which is typically the IP address of the routing device, or the loopback address) is elected the designated router.

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