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NEW QUESTION: 1
A customer currently uses two different backup applications in their backup environment. They are looking for a new backup target device to replace their aging physical tape infrastructure without replacing the current backup applications.
Which EMC product best fits these requirements with the least amount of configuration change?
A. Data Domain
B. NetWorker
C. HomeBase
D. Avamar
Answer: A
NEW QUESTION: 2
In which of the following situations should a company report a prior-period adjustment?
A. The scrapping of an asset prior to the end of its expected useful life.
B. A change in the estimated useful lives of fixed assets purchased in prior years.
C. The correction of a mathematical error in the calculation of prior years' depreciation.
D. A switch from the straight-line to double-declining balance method of depreciation.
Answer: C
Explanation:
Choice "b" is correct. Prior period adjustments consist of: corrections of errors in the financial statements
of prior periods, retroactive restatements required by new GAAP pronouncements, and changes from a
non-GAAP method of accounting to a GAAP method of accounting (which are corrections of errors).
Choice "a" is incorrect. This change is a change in accounting estimate. Choice "c" is incorrect. This
change is a change for one GAAP method of depreciation to another GAAP method of depreciation.
Under SFAS No. 154, it is treated as a change in accounting estimate effected by a change in accounting
principle and is handled prospectively, and not as a prior-period adjustment. Choice "d" is incorrect. This
is a business activity ordinary in nature.
NEW QUESTION: 3
Which of the following are the major tasks of risk management?
Each correct answer represents a complete solution. Choose two.
A. Risk identification
B. Risk control
C. Building Risk free systems
D. Assuring the integrity of organizational data
Answer: A,B
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