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NEW QUESTION: 1
Which of the following is true regarding the comparison of managerial to financial accounting?
A. The emphasis on managerial accounting is relevance and the emphasis on financial accounting is
timeliness.
B. Managerial accounting need not follow generally accepted accounting principles (GAAP) while
financial accounting must follow them.
C. Managerial accounting has a past focus and financial accounting has a future focus.
D. Managerial accounting is generally more precise.
Answer: B
Explanation:
Choice "d" is correct. Public companies must follow GAAP for (external) financial reporting purposes.
GAAP need not be followed for (internal) managerial accounting purposes.
Choice "a" is incorrect. Financial accounting is generally more precise.
Choice "b" is incorrect. Managerial accounting has a future focus, while financial accounting focuses on
reporting past results.
Choice "c" is incorrect. The emphasis of financial accounting is providing useful information to financial
statement users (including the characteristic of relevance), while the emphasis of managerial accounting
is providing timely information to management decision makers.
NEW QUESTION: 2
The fw monitor utility would be best to troubleshoot which of the following problems?
A. You get an invalid ID error in SmartView Tracker for phase 2 IKE key negotiations.
B. A user in the user database is corrupt.
C. An error occurs when editing a network object in SmartDashboard
D. A statically NATed Web server behind a Security Gateway cannot be reached from the Internet.
Answer: D
NEW QUESTION: 3
Refer to the exhibit.
Which BGP feature allows R1 to instruct R2 which prefixes it is allowed to advertise to R1?
A. distribute lists
B. route refresh
C. Prefix-Based Outbound Route Filtering
D. prefix lists
Answer: C