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NEW QUESTION: 1
Which of the following statement(s) is/are true?
I). The Accumulated Depreciation account has a credit balance and is increased by the year-end adjusting entry for depreciation.
II). For most companies, adjusting entries are made on a yearly basis.
III). An end-of-period journal entry in which the Office Supplies Expense account is debited and the Office Supplies account is credited is an example of an adjusting entry.
IV). Adjusting entries may involve recording expenses before they are due to be paid.
A. I, II and III.
B. I, III, IV.
C. I, II, III and IV.
Answer: B
Explanation:
II). For most companies, adjusting entries are made on a monthly basis. Monthly adjustments provide a more accurate presentation of interim (monthly) statements.
III). Adjusting entries are made at the end of the accounting period for the purpose of recognizing revenue and expenses that are not properly measured as a result of journalizing transactions as they occur.
IV). For example, accruing unpaid wages at the end of the accounting period assigns the wages to current time period even though they will be paid in the subsequent time period.

NEW QUESTION: 2
Which two statements about the default SNMP configuration are true? (Choose two)
A. The SNMP agent is enabled.
B. All SNMP notification types are sent
C. SNMPv3 is the default version
D. The SNMP trap receiver is congigured
E. SNMPv1 is the default version.
Answer: B,E

NEW QUESTION: 3

A. Option E
B. Option D
C. Option A
D. Option B
E. Option C
Answer: B,C,E

NEW QUESTION: 4
Which statement is true about the contract duration for an HP SPS add-on?
A. It can terminate at the same date as the main contract (co-terminus) or it can terminate at a later date (non-co-terminus).
B. It has fixed contract options of 36, 48, or 60 months.
C. It is a fixed-term contract of 60 months, paid quarterly in advance.
D. The contract must have an end date that is separate from the termination of the main contract (non-co-terminus only).
Answer: B