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NEW QUESTION: 1
One of the essential condition for obtaining exemption of the income of a charitable trust is that at least_____________ of the income should be applied for charitable purposes in India with certain exceptions and exemptions.
A. 65%
B. Either 75% or 85% depending on the date which it is created
C. 85%
D. 75%
Answer: B
NEW QUESTION: 2
The vRealize Orchestrator workflow for a non-blocking vRealize Automation Event Broker event fails.
What is the expected behavior of the vRA request generating this event?
A. The vRA request will fail.
B. The vRA request will stayIn progress.
C. The vRA request will disappear from theRequeststab.
D. The vRA request will succeed.
Answer: A
NEW QUESTION: 3
Companies A and B, similar in all respects, recently bought identical securities. However, using the
"Management intent" rule, A has classified the securities as "trading" securities while B has categorized them as "available-for-sale" securities. Which of the following statements is/are true as a result of this difference?
I. A and B will show same assets on their balance sheets.
II. A will have a higher income volatility than B.
III. A will have a higher cash flow volatility than B.
A. I & III
B. II & III
C. III only
D. I, II & III
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Both "trading" and "available-for-sale" securities are reported at their fair market value on the balance sheet. Hence, the reported assets for A and B are not affected by the different classifications. However, changes in the market value of trading securities are considered part of the Income statement while changes in the market value of available-for-sale securities are charged directly to the retained earnings account. This will cause a higher volatility in the income of A Further, this higher volatility in income leads to a higher volatility in tax payments, thus causing a higher volatility in the cash flows.
NEW QUESTION: 4
Refer to the exhibit.
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B. Add an IP SLA probe on R1 and R4.
C. Adjust the OSPF auto-cost reference bandwidth on all routers.
D. Adjust the OSPF auto-cost reference bandwidth on R4.
Answer: C
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