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NEW QUESTION: 1
An entity has been sued for US $100 million for producing and selling an unsafe product.
Attorneys for the entity cannot reliably predict the outcome of the litigation. In its financial statements, the entity should:
A. Neither make a journal entry nor disclose the lawsuits in a note because bad publicity will hurt the entity.
B. Disclose the existence of the lawsuit in a note without making a journal entry.
C. Make the following journal entry, and disclose the existence of the lawsuit in a note. Estimated loss from litigation US $100,000,000 Estimated provision for litigation loss US $100,000,000
D. Make the following journal entry, and disclose the existence of the lawsuit in a note. Cost of goods sold US $100,000,000 Estimated provision for litigation loss US $100,000,000
Answer: B
Explanation:
In the very rare case in which a reliable estimate of an obligation that otherwise qualifies for treatment as a provision cannot be determined, no liability is recognized. Instead, the existing liability is disclosed as a contingent liability unless the possibility of any outflow in settlement is remote).

NEW QUESTION: 2
Which description of a hybrid SDN framework is true?
A. The data plane is pulled from the networking element and put in an SDN controller.
B. The control plane function is split between a SDN controller and the networking element.
C. The control plane and data plane are pulled from the networking element and put in an SDN controller and SDN agent.
D. The control plane is pulled from the networking element and put in an SDN controller.
Answer: D

NEW QUESTION: 3
There are three disks on a board of a child's toy. The colours are red, green and blue, dark shades on one
side of the disks and light shades on the other side. The disks are turned to change colours from the initial
setting according to the following rules.
If red is the only one in light shade in the initial setting, then turn the green disk.
If red and green are the only ones in light shades in the initial setting, then turn the blue disk.
If all three disks are in light shades in the initial setting, then turn the blue disk.
For any other initial setting, turn all disks.
If the red disk is in dark shade in the second setting, which of the following must have been the initial
setting?
A. Only green in the dark shade
B. Only blue in the dark shade
C. Only red in the light shade
D. AII in the light shade
E. Only green in the light shade
Answer: A

NEW QUESTION: 4
Which one empowers the business user to model the business process?
A. BPM Analytics
B. BPM Composer
C. Enterprise Manager
D. BPM Studio
Answer: B
Explanation:
Process analysts (ie the business users) typically use the Oracle Business Process Analysis (BPA) Suite or Business Process Composer to create process models.
Reference: Oracle Fusion Middleware Business Process Composer User's Guide for Oracle Business Process Management, 11g Release 1 (11.1.1.5.0), 3 Introduction to Oracle BPM Studio