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NEW QUESTION: 1
On a statement of cash flows that uses the indirect approach, calculation of cash flow from operations treats depreciation as an adjustment to reported net income because
A. depreciation reduces net income and involves an outflow of cash.
B. depreciation is a direct source of cash.
C. depreciation is an outflow of cash to a reserve account for the replacement of assets.
D. depreciation reduces net income but does not involve an outflow of cash.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Depreciation is an expense that reduces net income, but it is a non-cash item.

NEW QUESTION: 2
You are a licensing specialist.
Your customer has an Open Business agreement with Software Assurance. The agreement expires today. The chief information officer (CIO) has not yet decided if he wants to renew Software Assurance.
You need to identify how much time the CIO has to renew Software Assurance.
Which length of time should you identify?
A. 60 days
B. 120 days
C. 90 days
D. 30 days
Answer: C

NEW QUESTION: 3
What is the default replication frequency when adding an additional site to a Symantec Endpoint Protection 12.1 deployment?
A. daily
B. Autoreplicate
C. 8 hours
D. 1 hour
Answer: A