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NEW QUESTION: 1
A depreciable asset has an estimated 20% residual value. At the end of the asset's estimated useful life the accumulated depreciation will equal the original cost of the asset under which of the following depreciation methods?

A. Option A
B. Option D
C. Option C
D. Option B
Answer: B
Explanation:
At the end of the estimated useful life of a depreciable asset, the amount of accumulated depreciation should equal the depreciable cost original cost - estimated residual value regardless of the depreciation method used. Periodic diminishing-balance depreciation is calculated without regard to residual value, but the asset is not depreciated below its residual value. The SYD method uses a depreciable base equal to cost minus residual value.

NEW QUESTION: 2
You can define several follow-up function that belong to the same process and that are to be performed in a specific sequence.
A. Correct
B. Incorrect
Answer: B

NEW QUESTION: 3
Unrealistically optimistic assumptions about collectability of receivables and loans is an example of
A. Stretching accounting principles to achieve a desired outcome.
B. Following GAAP but selecting alternatives within GAAP that bias or distort reported results to achieve a desired outcome.
C. Using unrealistic or inappropriate estimates and assumptions to achieve a desired outcome.
Answer: C

NEW QUESTION: 4
A customer has sites on three different Alcatel-Lucent 7750 SRs. The customer requires a fully-meshed VPLS. Which of the following is TRUE?
A. Each router requires 6 SDPs.
B. Each router requires 1 SDP.
C. Each router requires 3 SDPs.
D. Each router requires 2 SDPs.
Answer: D