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NEW QUESTION: 1
A company began work on a long-term construction contract in Year 1. The contract price was US $3,000,000. Year-end information related to the contract is as follows

If the company uses the percentage-of-completion method of accounting for this contract, the profit to be recognized in Year 1 is:
A. US $(100,000)
B. US $(100,000)
C. US $(200,000)
D. US $(350,000)
Answer: D
Explanation:
When the outcome of a contract can be reasonably estimated, the percentage-ofcompletion method for estimated recognizes revenue based on the stage of completion of the contract. One typical method for estimating the stage of completion is the calculation of ratio of the contract costs incurred to date to the estimated total cost. The percentage-ofcompletion at year-end on the cost-to-cost basis is 35%US $7150,1509. The profit for Year 1 is the anticipated profit on the contract times the completion percentage. Thus, profit for Year 1 is US $350,000 [($3,000,000 - $2,000,000) x 35%].

NEW QUESTION: 2
What is the primary purpose or function of Enterprise Device Manager (EDM)?
A. EDM provides an interface for administrator to monitor the health of the Nimble Storage array in a single pane and allows them to make changes to storage, protection, access, and performance configuration.
B. EDM provides access to HP Proliant Servers' out-of-band management facilities. It allows for control and monitoring of HP servers.
C. EDM is the device management software application for Extreme Network's VSP platforms.
D. EDM provides a robust web interface which allows for monitoring of the ServerTech PDU and control of its individual power outlet.
Answer: C

NEW QUESTION: 3
Which statement is true about using the Report Viewer application?
A. Choose a report from the Report Administration application and click the link to the report viewer.
B. When attempting to view the report, click the Limit Records button and enter the desired number of records to be returned.
C. It is possible to filter the list in the Report Viewer application to find the desired report output.
D. Report content can be filtered as sensitive (requiring a Maximo login) or non-sensitive (no login required).
Answer: C

NEW QUESTION: 4
After a routine audit, a company discovers that engineering documents have been leaving the network on a particular port. The company must allow outbound traffic on this port, as it has a legitimate business use. Blocking the port would cause an outage. Which of the following technology controls should the company implement?
A. NAC
B. ACL
C. DLP
D. Web proxy
Answer: C