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NEW QUESTION: 1
In general, an enterprise preparing interim financial statements should:
A. Use the same accounting principles followed in preparing its latest annual financial statements.
B. Allocate revenues and expenses evenly over the quarters, regardless of when they actually occurred.
C. Defer recognition of seasonal revenue.
D. Disregard permanent decreases in the market value of its inventory.
Answer: A
Explanation:
Choice "d" is correct. Generally accepted accounting principles that were used in the most recent annual
report of an enterprise should be applied to interim financial statements of the current year, unless a
change in accounting principle is adopted in the current year.
Choices "a", "b", and "c" are incorrect, per above.

NEW QUESTION: 2
What changes, when FIPS mode for Management Console is enabled?
A. Management Console can be accessed via TLS-based HTTPS only; some device certification options are changed
B. FIPS mode improves browser support
C. FIPS mode makes Management Console application faster as the rich client download size decreases
Answer: A

NEW QUESTION: 3
When an Application Profile and Application Accelerator process is started, they both create actual PRPC work objects that keep track of the choices made and can be saved.
A. True
B. False
Answer: A

NEW QUESTION: 4
When you develop your audit remediation plan what is the MOST important criteria?
A. To remediate half of the findings before the next audit.
B. To validate the remediation process with the auditor.
C. To remediate all of the findings before the next audit.
D. To validate that the cost of the remediation is less than the risk of the finding.
Answer: D