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NEW QUESTION: 1
What is the minimum required version of SAP HANA to use XS advanced?
A. Version 1 SPS 8
B. Version 2.0 SPS 1
C. Version 2.0
D. Version 1 SPS 11
Answer: C
NEW QUESTION: 2
During 1994, Orca Corp. decided to change from the FIFO method of inventory valuation to the weighted
average method. Inventory balances under each method were as follows:
Orca's income tax rate is 30%.
Orca should report the cumulative effect of this accounting change as a(n):
A. Adjustment to beginning retained earnings.
B. Extraordinary item.
C. Component of income from continuing operations.
D. Component of income after extraordinary items.
Answer: A
Explanation:
Choice "a" is correct. The cumulative effect of a change in accounting principle is shown as an adjustment
to beginning retained earnings.
Choice "b" is incorrect. The cumulative effect of a change in accounting principle is now presented as a
separate category on the retained earnings statement and is not a component of net income.
Choice "c" is incorrect. Extraordinary items are unusual and infrequent in nature. Extraordinary items
have nothing to do with changes in accounting principle.
Choice "d" is incorrect. A change in accounting principle affects retained earnings, not the income
statement, under SFAS No. 154.
NEW QUESTION: 3
A manufacturing of individual machines creates hands-on training for users.
You need to recommend a technology that overlays the machines with images while work on the machines.
Which technology should you recommend?
A. Virtual reality
B. Mixed reality
C. Augmented reality
D. Artificial intelligence
Answer: B
Explanation:
Reference:
https://dynamics.microsoft.com/en-gb/mixed-reality/overview/