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NEW QUESTION: 1
Which of the following components would be included in a project charter? (Select TWO).
A. Specific project milestones
B. High level cost estimates
C. Communications plan
D. Key project deliverables
E. Work Breakdown Structure
Answer: B,D
NEW QUESTION: 2
Which of the following statements best describes the Level 2 class model?
A. It is vendor-specific
B. It is an expansion of the Level 1 class model
C. It defines the relationship between Capability Discipline and Functional Component as part of the normative requirements
D. It is another name for the System of Record Fabric
Answer: B
NEW QUESTION: 3
DRAG DROP
A company named Contoso, Ltd. has 2,000 desktops, 1,500 laptops, and 250 tablets. All of the computers run Windows 8.1 Pro. Microsoft Office Professional Plus 2013 is installed on all of the computers. The 250 tablets are used by consultants who never connect to the corporate network.
Match the correct activation method for Office Professional Plus 2013 to each of the corresponding devices. To answer, drag the activation method from the column on the left to its device on the right. Each activation method may be used once, more than once, or not at all.
Answer:
Explanation:
NEW QUESTION: 4
When determining cash flows accruing to the entity, using financial statements prepared for tax purposes will result in:
A. An overstatement of cash flows throughout the economic life of the asset.
B. An overstatement of cash flows in the early years and then an understatement of cash flows in the later years of the economic life of the asset.
C. An understatement of cash flows throughout the economic life of the asset.
D. No effect on cash flow amounts.
Answer: D
Explanation:
Cash flows are not affected by the basis of accounting used to prepare the financial statements. Accordingly, whether the financial statements are prepared based on the tax basis, the cash basis, or accounting principles generally accepted in a given country, cash flows should be the same. For example, the cash inflow or outflow resulting from using an accelerated depreciation method to determine actual tax expense or benefit the amount paid to or refunded by the taxing authority) is completely unaffected by the depreciation method used in the financial statements. However. if cash flows are derived indirectly by adjusting profit or loss reported in the financial statements, different adjustments are necessary to arrive at the same cash flow amounts if different bases of accounting are used in the preparation of the financial statements.
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