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NEW QUESTION: 1
Which of the following items would have a tax consequence for financial accounting purposes?
I). Fines Paid for Law Violations
II). Product Warranty Liabilities
III). Life Insurance Proceeds Received (co. is beneficiary)
A. II and III.
B. I and II.
C. II only.
Answer: C
Explanation:
Fines paid for law violations are never deductible for tax purposes, and life insurance proceeds where the company is the beneficiary are never taxed. Therefore, these are permanent differences and do not have tax consequences. Differences due to warranty expenses, however, will create temporary differences and do have tax consequences.
NEW QUESTION: 2
You wantto break a SnapMirror relationship and use a specific secondary Snapshot copy. In an ONTAP environment, what should you do?
Response:
A. You must use OnCommand System Manager to perform the SnapMirror break.
B. You must use the following ~snapmirror break~ command option on the cluster shell:
~-restore-destination-to-snapshot<snapshot_name>~.
C. You can only use the latest Snapshot copy.
D. You must use the following ~snapmirror break~ command option on the cluster shell:~-delete-snapshots <snapshot_name>~.
Answer: B
NEW QUESTION: 3
HOTSPOT
Answer:
Explanation:
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