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NEW QUESTION: 1
A new PCMCIA network card is not functioning correctly. To troubleshoot this, the socket information should be checked. How can this be done? (Choose two.)
A. cardmgr -s
B. cardctl -s
C. cat /var/lib/pcmcia/stab
D. cat /proc/pcmcia
E. cardctl info
Answer: C,E

NEW QUESTION: 2
At December 30, 20X3, Vida Co. had cash of $200,000, a current ratio of 1.5:1 and a quick ratio of .5:1.
On December 31, 20X3, all cash was used to reduce accounts payable. How did these cash payments
affect the ratios?

A. Option C
B. Option A
C. Option B
D. Option D
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "a" is correct. The current ratio equals current assets divided by current liabilities. Since the current
assets exceed the current liabilities (as evidenced by a current ratio of 1.5:1), when each is decreased by
the same amount, there will be a greater percentage reduction of the current liabilities. Thus, the ratio will
increase since the current assets are now proportionately larger than the current liabilities. The quick ratio
equals quick assets (including cash) divided by current liabilities. Since the quick assets are less than the
current liabilities (as evidenced by a quick ratio of .5:1), when each is decreased by the same amount, the
percentage decrease of the quick assets will be greater than that of the current liabilities. Thus, the ratio
will decrease since the quick assets are now proportionately smaller than the current liabilities.
Choices "B", "C", and "D" are incorrect, per the above Explanation.

NEW QUESTION: 3
A compliance officer learns from an Information Technology (IT) source of a potential new financial service being discussed by the new product approval committee.
What is the correct next course of action?
A. Request that the new product approval committee include the compliance officer.
B. Go to the board of directors and try to shut the new service down immediately because the committee did not communicate with the compliance officer.
C. Get as much information as possible from the source so that potential risks can be researched and a report prepared and presented to the head of marketing.
D. Start initial research into potential risks but wait until notified that the service has been approved by the committee before initiating extensive research.
Answer: D