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NEW QUESTION: 1
On December 31, 20X2, the Board of Directors of Maxy Manufacturing, Inc. committed to a plan to
discontinue the operations of its Alpha division. Maxy estimated that Alpha's 20X3 operating loss would
be $500,000 and that the fair value of Alpha's facilities was $300,000 less than their carrying amounts.
The estimate for 20X3 turned out to be correct. Alpha's 20X2 operating loss was $1,400,000, and the
division was actually sold for $400,000 less than its carrying amount. Maxy's effective tax rate is 30%.
In its 20X3 income statement, what amount should Maxy report as loss from discontinued operations?
A. $350,000
B. $500,000
C. $420,000
D. $600,000
Answer: C
Explanation:
Choice "c" is correct. The 20X3 loss from discontinued operations would include both the 20X3 operating
loss of $500,000 (which turned out to be a correct estimate) and the "additional" loss (on disposal) of
$ 100,000, net of tax, for a total of $600,000 x .70 or $420,000. Choice "a" is incorrect. It includes the 20X3
operating loss of $500,000 but not the $300,000 impairment loss but does report the 20X3 operating loss
net of tax. Choice "b" is incorrect. It includes the 20X3 operating loss of $500,000, but not the $100,000
loss on disposal, and reports the 20X3 operating loss gross of tax and not net of tax. Choice "d" is
incorrect. It reports the 20X3 loss from discontinued operations gross of tax and not net of tax. The 20X3
loss from discontinued operations should include both the 20X3 operating loss of $500,000 and the loss
on disposal of $100,000, net of tax, for a total of $600,000 x .70 or $420,000.
NEW QUESTION: 2
Your network contains an Active Directory domain named adatum.com. The domain contains a domain controller named Server1 that runs Windows Server 2012 R2. The domain contains a user account named User1.
Server1 hosts an Active Directory-integrated zone named adatum.com.
You need to provide User1 with the ability to create only A records in the adatum.com zone.
What should you do?
A. Run the New Delegation for the adatum.com zone.
B. Modify the Delegation settings of the Server1 computer object.
C. Modify the Security settings of the adatum.com zone.
D. Install and configure IP Address Management (IPAM) Server.
Answer: C
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/previous-versions/windows/it-pro/windows-server-2008-R2-and-2008/cc75321
NEW QUESTION: 3
Which subcommands to the openssl command are used in the process of generating a private key and a Certificate Signing Request (CSR)? (Choose TWO correct answers.)
A. csr
B. genkey
C. genrsa
D. gencsr
E. req
Answer: C,E
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