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NEW QUESTION: 1
On August 1 Jones leased property to Smith for a 5-year period. The annual US $20,000 lease payment is payable at the end of each year. The expected residual value at the end of the lease term is US $10,000. Jones's implicit interest rate is 12%. The cost of the property to Jones was US $50,000, which is the fair value at the lease date. The present value of an ordinary annuity of I for five periods is 3.605. The present value of I at the end of five periods is .567. At the inception of the lease, the recorded gross investment is:
A. US $110,000
B. US $100,000
C. US $72.100
D. US $90.000
Answer: A
Explanation:
For a finance lease, the lesser should record the gross investment in the lease at the undiscounted sum of the minimum payments the total of the lessee's required payments, excluding contingent rent and costs for services and taxes to be paid by and reimbursed to the lesser and any guaranteed residual value) and any Unguaranteed residual value. The gross investment is the same regardless of whether any residual value is guaranteed. The five periodic payments of US $20,000 equal US $100,000. The expected residual value including guaranteed and unguaranteed portions equals US $10,000. The gross investment should be US $110,000$100,000 + $10,000).
NEW QUESTION: 2
A. Option E
B. Option A
C. Option B
D. Option D
E. Option C
Answer: A,C,D
Explanation:
When you do integrity check in vcenter data recovery, you can schedule the operation separately from the backup schedule. When the end of the maintenance window is reached operation is paused automatically. Along with this, the operation does not run during normal business hours by default.
NEW QUESTION: 3
A developer wrote a workflow email alert on case creation so that an email is sent to the case owner manager when a case is created. When will the email be sent?
A. Before Trigger execution.
B. After Committing to database.
C. Before Committing to database.
D. After Trigger execution.
Answer: B
NEW QUESTION: 4
Why would a Cisco network device with the latest updates and patches have the service config setting enabled, making the device vulnerable to the TFTP Server Attack?
A. Disabling telnet enables the setting on the network device.
B. This setting is enabled by default in the current Cisco IOS.
C. An attack by Cisco Global Exploiter will automatically enable the setting.
D. Allowing remote administration using SSH under the Cisco IOS also enables the setting.
E. This older default IOS setting was inherited from an older configuration despite the upgrade.
Answer: B
Explanation:
Enabling the service config setting causes a Cisco router to be vulnerable to the TFTP Server Attack since it will actively try to retrieve a new configuration file from the nearest TFTP server. An attacker can insert a malicious update file in this process to compromise the Cisco router.
The service config setting was disabled by default in the Cisco IOS in version 12.0, but had been enabled by default in the 11.x series of the IOS trains. This feature is often enabled in later versions since organizations don't always realize the risk of this setting and will leave it enabled as the migrate through multiple IOS upgrades.
The other items listed don't enable the service config setting.