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ACSP Exam Simulator
  • Exam Code: ACSP
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  • Version: V12.35
  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with
Quo's president and outside accountants, made changes in accounting policies, corrected several errors
dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List A represents possible clarifications of these
transactions as: a change in accounting principle, a change in accounting estimate, a correction of an
error in previously presented financial statements, or neither an accounting change nor an accounting error.
Item to Be Answered
Quo manufactures heavy equipment to customer specifications on a contract basis. On the basis that it is
preferable, accounting for these long-term contracts was switched from the completed-contract method to
the percentage-of-completion method.
List A (Select one)
A. Change in accounting estimate.
B. Correction of an error in previously presented financial statements.
C. Neither an accounting change nor an accounting error.
D. Change in accounting principal.
Answer: D
Explanation:
Choice "a" is correct. Switching from the completed-contract method of accounting to the percentage-of
completion method is a "change in accounting principle."

NEW QUESTION: 2
It probably wasn't the singular ______ remark, but the ______ effect of hearing the same stories every day
forced her to resign what had been a very lucrative position.
A. encouraging. . .negative
B. negative. . .monotonous
C. defamatory. . .cumulative
D. errant. . .overall
E. off-colored. . .genuine
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Any time we speak of repetition, an adding up or cumulative effect is present. As Choice C qualifies
exactingly on the second word choice, we need qualify only the first blank. "Defamatory" or injurious to the
reputation makes it a certain winner.

NEW QUESTION: 3
When Huawei OceanStor 9000 is used in a large file scenario, we should focus on its OPS.
A. FALSE
B. TRUE
Answer: A

NEW QUESTION: 4
Your company has a main office and a branch office. The main office has 3,000 users. The branch office has 100 users. The offices are connected via a WAN link.
You have a Lync Server 2013 infrastructure. The main office has a pool named Pool1 that contains two Enterprise Edition Front End Servers. The branch office only contains an
Active Directory domain controller and a file server.
You need to recommend a high-availability solution to ensure that users can establish calls if one of the following components fails:
A Front End Server
A PSTN gateway
A WAN router
The solution must minimize deployment and maintenance costs.
What should you recommend?
A. In the branch office, deploy a second Enterprise Edition pool named Pool2. Configure Pool1 to use Pool2 as a backup pool. Configure two trunks in Pool1. Configure two trunks in Pool2.
B. In the main office, deploy a second Enterprise Edition pool named Pool2. In the branch office, deploy an SBA named SBA1. Configure SBA1 to use Pool2 as a backup registrar. Configure two trunks in Pool1. Configure two trunks in SBA1.
C. In the branch office, deploy an SBA named SBA1. Configure SBA1 to use Pool1 as a backup registrar. Configure two trunks in Pool1. Configure one trunk in SBA1.
D. In the branch office, deploy a second Enterprise Edition pool named Pool2. Configure Pool1 to use Pool2 as a backup pool. Configure one trunk in Pool1. Configure one trunk in Pool2.
Answer: C

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