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NEW QUESTION: 1
In the broadcast packet sent by one windows mechanism when it starts, the destination MAC address is( )
A. 0000000000000
B. FFFFFFFFFFFF
C. 0
Answer: B
NEW QUESTION: 2
How often must physical restraints be released?
A. between 1 and 3 hours
B. every 30 minutes
C. at least every 4 hours
D. every 2 hours
Answer: D
Explanation:
Restraints must be released every 2 hours, and the client must be assessed every 30 minutes while restrained.
Safety and Infection Control
NEW QUESTION: 3
Which of the following is a security policy implemented by an organization due to compliance, regulation, or other legal requirements?
A. Informative policy
B. Advisory policy
C. Regulatory policy
D. System Security policy
Answer: C
NEW QUESTION: 4
Under the current US GAAP, the treatment of R&D expenses:
I. underestimates current income and leads to lower taxes.
II. leads to a more conservative balance sheet.
III. is tantamount to asserting that R&D outlays have no current benefits.
A. I, II & III
B. I & II
C. I only
D. none of these are correct
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Difficulties in measuring the current value of assets being generated by R&D prevent a reliable application of the accrual principles, which require allocation of expenses in proportion to the current benefits generated. Hence, US GAAP takes the easiest solution of expensing all the R&D costs (unless they generate tangible or intangible assets which have alternative future uses which are measurable). Since R&D does generate future benefits on an expected basis, the full expensing of the costs when incurred tends to under-estimate current income and leads to lower taxes. Further, when the R&D activities do lead to profitable results, income gets overstated because of non-recognition of a portion of it in previous periods. Thus, R&D expensing adds volatility to income. On the other hand, expensing leads to a more conservative balance sheet since no assets or equity is recognized until the benefits actually materialize.
Thus, by assuming that current R&D has no current benefits, the GAAP accounting tries to prevent "bad" surprises.
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