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NEW QUESTION: 1
Is the cumulative effect of an inventory pricing change on prior years earnings reported on the financial
statements for
A. Option C
B. Option D
C. Option B
D. Option A
Answer: C
Explanation:
Choice "b" is correct. The cumulative effect of a change in accounting principle is now reported as an
adjustment to beginning retained earnings when it is considered practicable to calculate the cumulative
effect. When making a change to LIFO, it is generally considered impracticable to calculate the
cumulative effect of the change (in most cases, data on the historical LIFO layers in not available). In a
change to LIFO, the beginning inventory dollar amount becomes the first LIFO layer. No cumulative effect
adjustment is made. The change is accounted for prospectively. A change from LIFO to weighted average,
there is no such impracticability. The cumulative effect is computed and the change is handled
retrospectively. Choices "a", "c", and "d" are incorrect, per the above Explanation: .
NEW QUESTION: 2
Refer to the exhibit. After you apply the give confugreations to R1 and R2 you notice that OSPFv3 fails to start.
Which reason for the problem is most likely true ?
A. The IPv6 network addresses on R1 and R2 are mismatched
B. The autonomous system numbers on R1 and R2 are mismatched
C. The area numbers on R1 and R2 are mismatched
D. The router ids on R1 and R2 are mismatched
Answer: C
NEW QUESTION: 3
Which of the following statements best describes an FDB used in a VPLS service?
A. A VPLS service does not use an FDB.
B. For each VPLS service, two FDBs are maintained to track MAC addresses; one for unicast traffic and one for multicast and broadcast traffic.
C. An FDB is maintained on the PE router to track MAC addresses learned from all traffic through the router.
D. A separate FDB is maintained for each VPLS service to track MAC addresses learned from each service.
E. An FDB is maintained on the PE router to track MAC addresses learned from all VPLS services on the router.
Answer: D
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