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NEW QUESTION: 1
According to SFAC 5, the condition(s) that must be met for revenue recognition to take place is
A. the ability to recognized when the revenue actually takes place.
B. the verbal or written agreement of the sale.
C. the ability to measure the revenue amount.
D. the completion of the earnings process and assurance of payment.
E. there must be no remaining significant contingent obligation that pertains to the sale.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The firm must have provided all or virtually all the goods/services for which it is to be paid and it must be possible to measure the total expected cost of providing these goods/services. Also, the seller must reasonably estimate the probability of nonpayment; if this cannot be assured, assurance of payment is not satisfied.
NEW QUESTION: 2
HyperMetro uses cross-site real-time data mirroring to ensure real-time data synchronization between the storage arrays at two sites. Upon receiving a write I/O, the storage array in a data center generates a write log. In the log, only address information is recorded, but data is not recorded. To ensure performance, log information is recorded in memory space capable of power failure protection.
A. TRUE
B. FALSE
Answer: A
NEW QUESTION: 3
What master data defines the quantity structure to create a standard cost estimate?
There are TWO correct answers for this Question
Response:
A. Routing
B. Cost center
C. Bill of material
D. Activity type
Answer: A,C
NEW QUESTION: 4
An administrator needs to be able to view logs for application usage on your network. What configurations are required to ensure that FortiGate generates logs for application usage activity?
(Choose two.)
Response:
A. Enable a web filtering profile on the firewall policy.
B. Enable an application control security profile on the firewall policy.
C. Enable logging on the firewall policy.
D. Create an application control policy.
Answer: B,C
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