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NEW QUESTION: 1
Which of the following errors is not self-correcting over two accounting periods?
A. Failure to record accrued wages.
B. Failure to record prepaid expenses.
C. Overstatement of inventory.
D. Failure to record depreciation.
Answer: D
Explanation:
A failure to record depreciation must be corrected because the effects of the error do not automatically reverse in future periods. Expenses are understated in the year of the error, but no corresponding overstatement of expenses occurs in later years. An audit of an entity has revealed the following four errors that have occurred but have not been corrected:
1.Inventory at December 31. Year 3: US $40,000, understated
2.Inventory at December 31. Year 4: US $15,000, overstated
3.Depreciation for Year 3: US $7,000, understated
4.Accrued expenses at December 31. Year 4: US $10,000, understated
NEW QUESTION: 2
:Extreme switches learn source MAC addresses and perform bridging based on the destination MAC address of incoming Ethernet frames.
A. True
B. False
Answer: A
NEW QUESTION: 3
Which two link protocols are used to carry multiple VLANs over a single link? (Choose two.)
A. 802.3u
B. VTP
C. IGP
D. 802.1q
E. ISL
Answer: D,E
Explanation:
Cisco switches can use two different encapsulation types for trunks, the industry standard 802.1q or the Cisco
proprietary ISL. Generally, most network engineers prefer to use 802.1q since it is standards based and will
interoperate with other vendors.
NEW QUESTION: 4
A client is running an app on 20 Standard-2x dynos. They are noticing highly variable performance when the application is experiencing a heavy load.
Which two suggestions should an Architect make in this scenario? (Choose two.)
A. Install a performance monitoring tool.
B. Configure the app to use Performance dynos.
C. Configure the app to use Standard-lx dynos.
D. Add additional Standard-2x dynos.
Answer: B,D