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NEW QUESTION: 1
The proper classification of noncurrent obligations scheduled to mature within 12 months of the balance sheet date but that are expected to be refinanced on a long-term basis should be to:
A. Exclude from the current liabilities classification those obligations management wishes to exclude because they intended to convert them to long-term obligations.
B. Exclude all such obligations from the current liabilities classification.
C. Include in the current liabilities classification those obligations that have actually been refinanced on a long-term basis after the balance sheet date but before the financial statements are authorized to be issued.
D. Exclude from the current liabilities classification those obligations that have been refinanced on a long-term basis after the balance sheet date but before the financial statements are authorized to be issued.
Answer: C
Explanation:
A liability is classified as current if1) it is expected to be settled with the normal operating cycle of the entity, 2) it is held primarily for trading.3) it is due within 12 months of the balance sheet date, and R) the entity has no unconditional right to defer payment for at least 12 months after the balance sheet date, All other liabilities are noncurrent IRS 1).
NEW QUESTION: 2
Which of the following diagnostic commands relies on proper forwarding of ICMP ECHO packets?
A. route
B. ping
C. nbtstat
D. ifconfig
Answer: B
NEW QUESTION: 3
You are developing an asynchronous HTTP module to write log messages. The logText variable stores the message that you must log.
You need to implement the asynchronous HTTP module.
Answer:
Explanation:
Explanation
NEW QUESTION: 4
A. VRRP
B. BGP
C. IS-IS
D. RIPv1
E. OSPF
Answer: C,E