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NEW QUESTION: 1
An entity issued a noninterest bearing note payable due in 1 year in exchange for land.
The fair value of the land is not reliably determinable. Which of the following statements is true concerning the accounting for the transaction?
A. The land should be recorded at the future value of the note, and interest should be imputed at the prevailing rate on similar notes.
B. Interest on the note should be imputed at the prevailing rate for similar notes, and the land should be recorded at the present value of the note.
C. No interest should be recognized on the note, and the land should be recorded at the present value of the note
D. Interest on the note should be imputed at the prime rate, and the land should be recorded at the discounted value of the note.
Answer: B
Explanation:
When a financial liability is initially recognized, the entity should measure it at its cost a is the fair value of the consideration received. The fair value ordinarily is determined by reference to the transaction price or other market prices. If these prices are not reliably determinable, the fair value is estimated by discounting the future cash payments at an imputed rate equal to the prevailing market rate for a similar instrument similar as to currency term, and type of rate) of an issuer with a similar credit rating.

NEW QUESTION: 2
Your company uses Azure DevOps.
Only users who have accounts in Azure Active Directory can access the Azure DevOps environment.
You need to ensure that only devices that are connected to the on-premises network can access the Azure DevOps environment.
What should you do?
A. In Azure Active Directory, configure risky sign-ins.
B. In Azure DevOps, configure Security in Project Settings.
C. In Azure Active Directory, configure conditional access.
D. Assign the Stakeholder access level all users.
Answer: C
Explanation:
Explanation
Conditional Access is a capability of Azure Active Directory. With Conditional Access, you can implement automated access control decisions for accessing your cloud apps that are based on conditions.
Conditional Access policies are enforced after the first-factor authentication has been completed.
References:
https://docs.microsoft.com/en-us/azure/active-directory/conditional-access/overview

NEW QUESTION: 3
Refer to the exhibit.

Which of these statements correctly describes the state of the switch once the boot process has been completed?
A. The switch will need a different IOS code in order to support VLANs and STP.
B. As FastEthernet0/12 will be the last to come up, it will be blocked by STP.
C. Remote access management of this switch will not be possible without configuration change.
D. More VLANs will need to be created for this switch.
Answer: C
Explanation:
Notice the line, which says "Interface VLAN1, changed state to administratively down". This shows that VLAN1 is shut down. Hence remote management of this switch is not possible unless VLAN1 is brought back up. Since VLAN1 is the only interface shown in the output, you have to assume that no other VLAN interface has been configured with an IP Address.

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