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NEW QUESTION: 1
Refer to the exhibit.
WS operates an integrated accounting system. Transactions relating to production overheads for the month of May were as follows:
Indirect Material costs were $15,000
Indirect Labour Costs were $45,000
Production overheads of $58,000 were incurred during the period.
Depreciation of factory machinery amounted to $32,000.
Overheads costs absorbed by production using a standard absorption rate was $164,000 for the period.
What are the correct entries to record the absorption of production overheads for the period?
The correct set of entries to record the absorption of production overheads for the period is:
A. D
B. A
C. B
D. C
Answer: D
NEW QUESTION: 2
Section B (2 Mark)
As per article 11 Double Taxation Avoidance Agreement with UAE, Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State. However, such interest may be taxed in the Contracting State in which it arises and according to the laws of that State, but if the recipient is the beneficial owner of the interest, the tax so charged shall not exceed:
(a) _______ percent of the gross amount of the interest if such interest is paid on a loan granted by a bank carrying on a bona fide banking business or by a similar financial institution; and (b) _______ percent of the gross amount of the interest in all other cases.
A. 12 and 15
B. 20 and 15
C. 10 and 15
D. 5 and 12.50
Answer: D
NEW QUESTION: 3
You plan to control the sessions performing a huge number of I/O operations. Your requirement is to kill the session when it exceeds a specified number of l/Os. Which statement describes a solution to the above?
A. Implement the database resource manager to add the SWITCH_IO_REQS and SWITCH_GROUP directives.
B. Modify the profile for the targeted users for which control needs to be imposed.
C. Set a threshold for the default system-defined moving window baseline.
D. Add directives to the Automatic Database Diagnostic Monitor (ADDM).
Answer: A
NEW QUESTION: 4
A. Option D
B. Option A
C. Option C
D. Option B
E. Option E
Answer: A,D
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