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NEW QUESTION: 1
Which of the following statements characterizes an operating lease?
A. The lessor records depreciation expense and lease revenue.
B. The lessor transfers title of the leased property to the lessee only for the duration of the lease term.
C. The lessee records amortization expense and interest expense.
Answer: A
Explanation:
For operating leases the lessee records rent expense and the lessor would record the related revenue and would amortize the asset.
NEW QUESTION: 2
Ann, the security administrator, received a report from the security technician, that an unauthorized new user account was added to the server over two weeks ago. Which of the following could have mitigated this event?
A. Risk likelihood assessment
B. Routine log audits
C. Job rotation
D. Separation of duties
Answer: B
Explanation:
Explanation/Reference:
Explanation:
When a new user account is created, an entry is added to the Event Logs. By routinely auditing the event logs, you would know that an account has been created.
NEW QUESTION: 3
Your company has anActive Directory domain named ad.contoso.com The company also has a public namespace named contoso.com. You need to ensure that public DNS zone records cannot be copied. You must achieve this goal without impacting the functionality of public DNS name resolutions. What should you do?
A. Disable the Allow-Read permission for the Everyone group on the contoso.com DNS domain.
B. Disable the notify feature for the contoso.com zone.
C. Configure the All domain controllers int he domain zone replication option on ad.contoso.com.
D. Configure the Allow zone transfers only to servers listed on the Name Servers option on contoso.com
Answer: D
NEW QUESTION: 4
Shri Ganjarwala Charitable Trust (Regd.) submits the particulars of its income/outgoing for the previous year 2009-2010 as below:
The trust spends Rs. 2,77,500 during the previous year 2009-2010 for charitable purposes. In respect of Rs. 5,20,000, it has exercised its option to spend it within the permissible time-limit in the year of receipt or in the year, immediately following the year of receipt.
The trust spends Rs. 2,00,000 during the previous year 2009-2010 and Rs. 1,00,000 during the previous year 2010-2011.
Compute the tax payable on the income of the trust.
A. Rs.2,160
B. Rs.2,200
C. Rs.2,080
D. Rs.2,060
Answer: D
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