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Q4: How to extend my expired product?
NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
E. Option E
Answer: E
NEW QUESTION: 2
On March 15, 1992, Krol Co. paid property taxes of $90,000 on its office building for the calendar year
1 992. On April 1, 1992, Krol paid $150,000 for unanticipated repairs to its office equipment. The repairs
will benefit operations for the remainder of 1992. What is the total amount of these expenses that Krol
should include in its quarterly income statement for the three months ended June 30, 1992?
A. $37,500
B. $97,500
C. $72,500
D. $172,500
Answer: C
Explanation:
Rule: Actual and estimated expenditures benefiting all interim periods equally should be expensed ratably
throughout the year.
Choice "c" is correct. $72,500 total expense for the three months ended June 30, 1992.
NEW QUESTION: 3
A SAS task is performed in Microsoft Excel against 2 million rows of data in a table that is registered to the metadata sever. What is the maximum number of rows that can be processed?
A. 2 million
B. Excel's limitation based on the version of Excel
C. 0
D. 1
Answer: A