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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 B represents the general accounting treatment
required for these transactions. These treatments are:
. Cumulative effect approach - Include the cumulative effect of the adjustment resulting from the
accounting change or error correction in the 1993 financial statements, and do not restate the 1992
financial statements.
. Retroactive or retrospective restatement approach - Restate the 1992 financial statements and adjust
1 992 beginning retained earnings if the error or change affects a period prior to 1992.
. Prospective approach - Report 1993 and future financial statements on the new basis but do not restate
1 992 financial statements.
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 B (Select one)
A. Retroactive or retrospective restatement approach.
B. Prospective approach.
C. Cumulative effect approach.
Answer: A
Explanation:
Choice "B" is correct. Changes in accounting principle are handled "retrospectively." Beginning retained
earnings of the earliest year presented is adjusted for the cumulative effect of the change and all prior
year financial statements are restated.

NEW QUESTION: 2
A network administrator needs to implement a monitoring tool and be able to send log information to a server and receive log information from other clients. Which of the following should be implemented? (Select TWO).
A. System log
B. Network sniffer
C. History log
D. Syslog
E. SNMP
Answer: D,E

NEW QUESTION: 3
What is the advantage to the customer of HP pigmented OfficeJet inks with enhanced
durability'?
A. No leakage from cartridges
B. Reduced risk of smearing and fading
C. Lower entry price
D. A lower cost per page because cartridges last longer
Answer: B
Explanation:
Reference:http://www.techdata.ca/business/hp/supplies/files/0609/ink/HP%20Officejet%20 Pro%20pigment%20ink%20technology%20Q&A%20%28Jan.%202009%29%20.pdf(page 2, Q3)

NEW QUESTION: 4
Use the following login credentials as needed:
To enter your username, place your cursor in the Sign in box and click on the username below.
To enter your password, place your cursor in the Enter password box and click on the password below.
Azure Username: [email protected]
Azure Password: Ag1Bh9!#Bd
The following information is for technical support purposes only:
Lab Instance: 10598168




You need to prevent HTTP connections to the rg1lod10598168n1 Azure Storage account.
To complete this task, sign in to the Azure portal.
Answer:
Explanation:
See the explanation below.
Explanation
The "Secure transfer required" feature is now supported in Azure Storage account. This feature enhances the security of your storage account by enforcing all requests to your account through a secure connection. This feature is disabled by default.
1. In Azure Portal select you Azure Storage account rg1lod10598168n1.
2. Select Configuration, and Secure Transfer required.

Reference:
https://techcommunity.microsoft.com/t5/Azure/quot-Secure-transfer-required-quot-is-available-in-Azure-Storage


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