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NEW QUESTION: 1
A company purchased US $50,000 worth of office supplies on January 1st and had US $15,000 of office supplies still on hand at year-end. If the initial purchase of supplies entry on January 1st was to debit office supplies expense and to credit cash for US $50,000 the adjusting entry on December 31 will be:
A. Office supplies US $15,000 Office supplies dividends US $15,000
B. Office supplies expense US $35,000 Office supplies US $35,000
C. Office supplies dividends US $15,000 Office supplies US $15,000
D. Office supplies US $35,000 Office supplies dividends US $35,000
Answer: A
Explanation:
Because the initial entry recorded the entire purchase to a nominal account. the year-end adjusting entry must debit a prepaid asset to reflect the remaining supplies on hand of US $15.000. The adjusting entry must also credit reduce) expenses for the US $15.000 of supplies that were not used during the period.
NEW QUESTION: 2
A. object obj = Activator .Createlnstance( "type 1" .GetType()) ;
B. object obj = Activator.Createlnstance(typ1);
C. type1 obj = Activator.Createlnstance( "type1" .GetType());
D. type1 obj = Activator.Createlnstance(typel);
Answer: D
NEW QUESTION: 3
According to PRINCE2, which of the following is a benefit?
A. An improved business operation
B. The tangible or intangible product resulting from a planned activity
C. The result of change, normally affecting real-world behaviour and/or circumstances
D. The measurable improvement resulting from an outcome
Answer: D
NEW QUESTION: 4
Given:
$ id uid=1001(test1) gid=1(other) $ ls -al /etc/data -r-------- 1 root other 394 Jan 25 16:56 /etc/data $ cat /etc/data cat: cannot open /etc/data
Which three actions by root enables both root and test1 to read /etc/data? (Choose three.)
A. #chmod g+r /etc/data
B. #setfacl g+r /etc/data
C. #chown test1 /etc/data
D. #setfacl -m g:other:r--, m:r-- /etc/data
E. #chgrp sys /etc/data
Answer: A,C,D
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