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NEW QUESTION: 1
Jenna Stuart is a financial analyst for Deuce Hardware Company, a U.S. company that reports its results in
U.S. dollars. Wayward Distributing, Inc., is a foreign subsidiary of Deuce Hardware, which began operations on January 1,2007. Wayward is located in a foreign country and reports its results in the local currency called the Rho. Selected balance sheet information for Wayward is shown in the following table.
Stuart has been asked to analyze how the reported financial results of Wayward will be affected by the choice of the all-current or temporal methods of accounting for foreign operations. She has gathered the following exchange rate information on the $/Rho exchange rate:
* Spot rate on 1/01/08: $0.35 per Rho
* Spot rate on 12/31/08: $0.45 per Rho
* Average spot rate during 2008: $0.42 per Rho
Will fixed asset turnover (calculated using end-of-period balance sheet figures) likely be lower when calculated using the all-current method or remeasured using the temporal method?
A. Lower under the all-current method.
B. Lower under the temporal method.
C. The same under either method.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
With the Rho appreciating, fixed asset turnover will be lower under the all-current method. (Study Session
6, LOS 23.d,e)
NEW QUESTION: 2
A. Option B
B. Option D
C. Option C
D. Option A
Answer: B
Explanation:
* You can block inheritance for a domain or organizational unit. Blocking inheritance prevents Group Policy objects (GPOs) that are linked to higher sites, domains, or organizational units from being automatically inherited by the child-level.
* GPO links that are enforced cannot be blocked from the parent container.
NEW QUESTION: 3
A virtual machine In Compute Classic, created resources defined by a shape is called_____.
A. Image
B. Instance
C. Orchestration
D. Private Gateway
Answer: B
NEW QUESTION: 4
Consider the following symbol, which represents information about a transformation project at ArchiSurance involving systems and business processes:
Which of the following statements correctly expresses the meaning of the symbol?
A. The ArchiSurance legal department has determined the impact of the new regulations
B. The project must satisfy requirements for additional reporting
C. The additional reporting requirements in new insurance regulations are driving change at ArchiSurance
D. The project's systems must be flexible enough to accommodate any future changes in reporting requirements
Answer: C
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