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NEW QUESTION: 1
A customer has lost access to shares being used by an application.
What are three troubleshooting steps the administrator should take? (Choose three.)
A. Verify that the SVM has CIFS running, that the share exists, and is online.
B. Verify that there is network connectivity between the SMB client and the SVM.
C. Verify that the LIF resides on its home port.
D. Verify that the LIFs in the SVM are all up and active.
E. Verify that the admin SVM is running on the node being accessed by the customer.
Answer: A,C,E
NEW QUESTION: 2
Which type of secure connectivity does an extranet provide?
A. your company network to the Internet
B. other company networks to your company network
C. remote branch offices to your company network
D. new networks to your company network
Answer: B
NEW QUESTION: 3
On September 22, Year 1, a corporation purchased merchandise from an unaffiliated foreign entity for 10.000 units of the foreign entity's local currency. On that date, the spot rate was US $.55. The corporation paid the bill in full on March 20. Year 2, when the spot rate was US $.65. The closing rate was US $.70 on December 31, Year 1. What amount should the corporation report as a foreign currency transaction loss in its income statement for the year ended December 31, Year 1?
A. US $1.500
B. US $1,000
C. US $0
D. US $500
Answer: A
Explanation:
A receivable or payable fixed in a foreign currency is adjusted to its current exchange rate at each balance sheet date. The resulting gain or loss should ordinarily be included in determining profit or loss. It is the difference between the spot rate on the date the transaction originates or the rate applied in the prior year) and the closing rate. Thus, the Year 1 transaction loss for Yumi Corp. is US $1,500 [10.000 units$0.55 - $0.70)].