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NEW QUESTION: 1
Which statement(s) is/are true?
I Under the FIFO method of inventory valuation, the assignment of costs to merchandise sold is in the same order in which the merchandise was purchased.
II). The FIFO method of inventory valuation is based on an assumption that the most recent costs incurred should be charged against current-year revenues.
III). The FIFO method of inventory valuation is based on the assumption that costs should be charged against revenues in the same order in which the costs were incurred.
IV). LIFO is considered the most conservative inventory pricing method.
A. I, II and IV.
B. I, II and III.
C. I, III and IV.
Answer: C
Explanation:
I). FIFO means 'first-in, first-out'--the first items purchased are the first items sold. Inventory costs are assigned to the merchandise sold in the same order in which the purchases of merchandise were made.
II). Under FIFO, costs are charged in the order in which they occur, but the most recent inventory costs
(purchases) are assigned to ending inventory. Inventory does not become a 'cost' until it is sold.
III). FIFO means 'first-in, first-out', in other words, the cost of the first items purchased become the cost of the first items sold.
IV). With a LIFO pricing system the inventory is valued at the oldest costs (usually the lowest because of inflation) and the values of the recent purchases (slightly higher costs) are assigned to the cost of goods sold. With higher costs of goods there will be a lower net income.

NEW QUESTION: 2
You are setting up a new cluster. The customer notices that there are many management ports on the cluster.
The customer wants to know the purpose of the cluster management LIF.
In this situation, what should you tell the customer?
A. The cluster management LIF provides a dedicated IP address for the entire cluster and can fail over to any port in the cluster that is available in the broadcast domain.
B. The cluster management LIF provides multiple IP addresses for the entire cluster and can fail over to any cluster or intercluster ports.
C. The cluster management LIF is used to carry intracluster traffic between nodes in a cluster and must be created on a 10GbE network port.
D. The cluster management LIF provides a dedicated IP address for managing a particular node in the cluster and is used for system maintenance.
Answer: D

NEW QUESTION: 3
Which statement about the join process of the access point is true? Refer to the exhibit.

A. The AP failed to join because the MAC address of the AP was not correct on the controller.
B. The AP successfully joined the controller.
C. The AP moved from this controller to its primary controller.
D. The controller rejected all discovery requests from the AP because they were not received on the management interface subnet.
E. The time on the controller is outside of the certificates validity time interval, so the join phase failed.
Answer: D