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NEW QUESTION: 1
Which of the following is least likely to result in low quality earnings?
A. Using aggressive pension assumptions.
B. Recording revenues even though the customer has no obligation to pay.
C. Reducing liabilities by changing accounting assumptions.
Answer: B
Explanation:
A is fraud and has NO financial reporting quality. The sales should not be recognized.
NEW QUESTION: 2
SQL>CREATE DIRECTION my_dir AS ' /temp/my_files': SQL>GRANT READ ON DIRECTORY my_dir To pubiic:
SQL>SET SERVEROUTPUT ON
SQL>EXEC read_file ('MY_DIR', FACULTYLIST.TXT')
A. Option D
B. Option A
C. Option C
D. Option B
Answer: D
NEW QUESTION: 3
Gwen has to divide her money between her three sons. If the older brother received 65% of the total amount and the other two received the same amount of money, how much money did the median brother get?
(1) The combined amount of money of the older brother and the small one is $45,000.
(2) The older brother received $35,454.5.
A. Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
B. Either statement BY ITSELF is sufficient to answer the question.
C. Statement (1) BY ITSELF is sufficient to answer the question, but statement (2) by itself is not.
D. Statement (2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
E. Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, requiring more data pertaining to the problem.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The data gave us the ratio of the amounts each one got (65 : 17.5 : 17.5), therefore all we need is one number to know how much each of the brothers received. Each of the statements above gives us enough information to solve the problem.