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NEW QUESTION: 1
On 1 December 2009 Reon Co acquired a non-current asset at a cost of $318,000. The purchase was financed through a six year finance lease. Under the lease, an initial payment of $71,000 was made on 1 December 2009. Five further payments of $71,000 are required on 1 December each year, commencing 1 December 2010. Reon uses the sum of digits method to allocate interest to accounting periods.
How should the total lease liability be reported in the statement of financial position at 30 November 2010?
A. Current liability = $42,200, Non-current liability = $240,800
B. Current liability = $35,000, Non-current liability = $248,000
C. Current liability = $36,000, Non-current liability = $247,000
D. Current liability = $71,000, Non-current liability = $212,000
Answer: D
NEW QUESTION: 2
A. Option A
B. Option C
C. Option B
Answer: C
NEW QUESTION: 3
This is a special WebLogic Server instance included by the WebLogic Server Domains. It represents a central point from which you configure and manage all resources in the domain.
A. Node Server
B. Administration Server
C. Web Server
D. Managed Server
Answer: B
NEW QUESTION: 4
What is the reason for identifying business case dependencies?
A. Customer business executives expect Cisco to minimize the actions their teams are required to execute
B. To improve alignment between the customer IT organization and business units
C. They are most likely to help you propose and defend solutions with larger customer investments
D. To communicate decisions or actions which must be satisfied in order for the business case to be fulfilled
Answer: D