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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. II & III
B. III only
C. I only
D. All of these answers are correct
Answer: C
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
You have a solution deployed into a virtual network in Azure named fabVNet. The fabVNet virtual network has three subnets named Apps, Web, and DB that are configured as shown in the exhibit. (Click the Exhibits button.)
You want to deploy two new VMs to the DB subnet. You need to modify the virtual network to expand the size of the DB subnet to allow more IP addresses.
Which three steps should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation
References: https://docs.microsoft.com/en-us/azure/virtual-network/virtual-networks-faq
NEW QUESTION: 3
DRAG DROP
You have a solution deployed into a virtual network in Azure named fabVNet. The fabVNet virtual network has three subnets named Apps, Web, and DB that are configured as shown in the exhibit. (Click the Exhibits button.)
You want to deploy two new VMs to the DB subnet.
You need to modify the virtual network to expand the size of the DB subnet to allow more IP addresses.
Which three steps should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation: