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NEW QUESTION: 1
Regarding the reversals of impairments of long-lived assets,
A. The IFRS allows the loss to be reversed regardless of whether the asset is held for use or sale.
B. The US GAAP disallows the loss to be reversed if the asset is categorized as held for sale.
C. The US GAAP allows the loss to be reversed if the asset is categorized as held for use.
Answer: A
Explanation:
The US GAAP disallows the loss to be reversed if the asset is categorized as held for use, and allows if the asset is categorized as held for sale.

NEW QUESTION: 2
You create a new product that has a bill of materials (BOM).
You add several lines to the BOM. Some of the lines are items. Some of the lines represent
a sub-assembly.
You set the line type for one of the sub-assembly lines to Vendor.
In this situation, what does the Vendor line type indicate?
A. The sub-assembly is produced by an external partner, but the inventory sub-assemblies are delivered to your warehouse.
B. The sub-assembly is produced from BOM components at your company.
C. The sub-assembly is produced by a subcontractor but the sub-assembly components are provided from your warehouse to the subcontractor.
D. The sub-assembly contains several items supplied by one vendor.
Answer: A

NEW QUESTION: 3
Click on the exhibit.

Which of the following best describes the format of data traffic sent to the server as it exits from the PC?
A. The destination IP address will be the IP address of the server and the destination MAC address will be
the MAC address of the server.
B. The destination IP address will be the IP address of the server and the destination MAC address will be
the MAC address of the router R1 port connected to the PC.
C. The destination IP address will be the IP address of the router R1 port connected to the PC and the
destination MAC address will be the MAC address of the router R1 port connected to the PC.
D. The destination IP address will be the system IP address of router R1 and the destination MAC
address will be the MAC address of the router R1 port connected to the PC.
Answer: B

NEW QUESTION: 4
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit.
Why is he not able to see the transactions for the China business unit? (Choose the best answer.)
A. The application role relevant to the China business unit is not assigned to the project accountant.
B. The China business unit is associated with a different legal entity than the US and UK business units.
C. The project accountant is not assigned to the external role that grants access to the China business unit.
D. The US and UK business units are linked to different ledgers than the China business unit.
Answer: B

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