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NEW QUESTION: 1
Refer to the exhibit. Which option should be the default gateway for the PC1 that is shown?
A. 10.2.2.3
B. 10.2.2.2
C. 10.2.2.1
D. 10.3.2.4
Answer: D

NEW QUESTION: 2
A database is being enabled to be accessible through WebDAV. Which of the following is the minimum level of Internet access required?
A. Reader or Author
B. Editor with Delete capabilities
C. Designer or Manager
D. Anonymous with Create Public Documents
Answer: C

NEW QUESTION: 3
If receivables transferred with recourse qualify for derecognition, the proceeds from the transfer are:
A. Explanation:
The entity derecognizes financial assets if it has transferred substantially all of the risks and rewards of ownership. Derecognition also is appropriate when the entity neither has transferred nor retained substantially all the risks and rewards of ownership, providing the entity does not have control. After derecognition, periodic profit or loss will include the difference between the carrying amount transferred and the proceeds, plus or minus any prior adjustment r fl ling the fair value of the asset that had been reported in equity. If a new financial asset is created or a financial liability is assumed, the calculation is adjusted for the fair value of the asset or liability. Thus, the proceeds of the sale are reduced by the fair value of the resource obligationa new financial liability). When the transfer does not meet these criteria, the transfer is accounted for as a collateralized borrowing. A transferor entity most likely should continue to recognize a transferred financial asset if the:
A. Transferor may reacquire the asset, and the asset is readily obtainable in the market
B. Transferee may sell the full fair value of the asset
C. Transferor has an option to reacquire the asset, and the reacquisition price is fair value
D. Transferor is entitled and obligated to repurchase the asset, and the transferee receives a lender's return.
B. Accounted for as a collateralized borrowing.
C. Recorded at fair value for the assets obtained and liabilities incurred.
D. Recorded at the historical cost of the assets obtained.
E. Reduced by the fair value of the recourse obligation.
Answer: A,E

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