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NEW QUESTION: 1
Which type of billing is generally used in plant engineering and construction projects?
Please choose the correct answer.
Response:
A. Periodic billing
B. Fixed billing
C. Project billing
D. Milestone billing
Answer: D
NEW QUESTION: 2
A technician is configuring Avaya Aura Conferencing for Turnkey so that it can communicate directly with a SIP trunk that has been configured on Avaya Communication Manager.
Which steps need to be taken to configure Avaya Aura Conferencing for the SIP trunk?
A. Log into Provisioning Client, add an address, an external node, and a SIP Entity
B. Log into Element Manager, add an address, an external node, and a SIP Profile
C. Log into Element Manager, add an address, an external node, and a SIP Entity
D. Log into Provisioning Client, add an address, an external node, and a SIP Profile
Answer: D
NEW QUESTION: 3
Reclassification adjustments must be shown in the financial statement that discloses comprehensive
income:
A. To show the tax effect of items of comprehensive income.
B. To avoid double counting in comprehensive income items, which are currently displayed in net income.
C. To avoid including transactions with shareholders in items of comprehensive income.
D. To show what portion of comprehensive income is from the realization of current assets.
Answer: B
Explanation:
Choice "c" is correct. Reclassification entries may be necessary to avoid double counting an item
previously reported as comprehensive income (i.e., unrealized gain), which are now reported as part of
net income (i.e., realized gain). Choice "a" is incorrect. The classification of assets as current or
non-current has no bearing on reporting comprehensive income. Choice "b" is incorrect. All items of
comprehensive income must be shown net of the related tax effects, but it is not done with reclassification
adjustments. Choice "d" is incorrect. Transactions with shareholders such as paying dividends and
issuing capital stock are not included in comprehensive income, thus, reclassification adjustments are not
necessary to exclude them.