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NEW QUESTION: 1
At December 31, 1998, Off-Line Co. changed its method of accounting for demo costs from writing off the
costs over two years to expensing the costs immediately. Off-Line made the change in recognition of an
increasing number of demos placed with customers that did not result in sales. Off-Line had deferred
demo costs of $500,000 at December 31, 1997, $300,000 of which were to be written off in 1998 and the
remainder in 1999. Off-Line's income tax rate is 30%. In its 1998 financial statements, what amount
should Off-Line report as cumulative effect of change in accounting principle?
A. $500,000
B. $200,000
C. $0
D. $350,000
Answer: C
Explanation:
Choice "a" is correct. When a change in accounting principle is considered inseparable from a change in
estimate, the change is handled as a change in estimate - prospectively. No cumulative effect adjustment
is made.
Choices "b", "c", and "d" are incorrect since no cumulative effect adjustment is made.

NEW QUESTION: 2
What are two valid queue properties? (Choose two.)
A. exclusive
B. channel
C. export
D. maxRedelivery
Answer: B,C

NEW QUESTION: 3
Every SQL Server 2012 database must have a datafile and which of the following file types associated with it?
A. index file
B. instance file
C. transaction log file
D. log file
Answer: C

NEW QUESTION: 4
A storage pool entry can be used to do what?
A. Increase the size of the physical log.
B. Increase the size of a chunk.
C. Increase the size of the logical logs.
D. Increase the size of a storage space.
Answer: D