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NEW QUESTION: 1
Flexible NetFlow has the ability to view both key and nonkey fields. What is one example of a key field?
A. routing source
B. packet data
C. destination IP
D. timestamp sys-uptime last
Answer: C

NEW QUESTION: 2
Which of the following is a generally accepted accounting principle that illustrates the practice of
conservatism during a particular reporting period?
A. Accrual of a contingency deemed to be reasonably possible.
B. Reporting investments with appreciated market values at market value.
C. Capitalization of research and development costs.
D. Reporting inventory at the lower of cost or market value.
Answer: D
Explanation:
Choice "d" is correct. The rule of conservatism states that revenues and gains should be recognized when
the earnings process is complete, but that expenses and losses should be expensed immediately.
Reporting inventory at the lower of cost or market requires the recording of a loss on inventory when
market is lower than cost in the period the loss is sustained, rather than when the inventory is sold,
consistent with the rule of conservatism. Choice "a" is incorrect. Because the future benefits of R&D costs
are questionable, these cost should be expensed immediately, consistent with the rule of conservatism
and the matching principle. Choice "b" is incorrect. The rule of conservatism only requires the accrual of
"probable" losses. The accrual of a reasonably possible loss is not required and the accrual of any
contingent gain, whether probable, reasonably possible, or remote, is prohibited. Choice "c" is incorrect.
The reporting of marketable securities with appreciated values at market value requires the recording of a
gain on the asset before the gain is realized. This contradicts the rule of conservatism, but is allowed
because fair value is a more relevant measure of the value of marketable securities.

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:

NEW QUESTION: 4
Which recertification policy options need to be considered when designing a recertification policy?
A. Who approves the recertification request what action to take when recertification rejected, who to send rejection email to
B. Who rejects the recertification request, who approves the recertification request, who to send rejection email to
C. Who approves the recertification request, what approval action to take, who to send approval email to
D. Who approves the recertification request, account owner email notification,manager emailnotification
Answer: D

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