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NEW QUESTION: 1
If the beginning inventory is overstated and the ending inventory is understated, which of the following is/ are true:
I. COGS is understated
II. COGS is overstated
III. Income is overstated
IV. Income is understated
A. I & III
B. IV only
C. II only
D. II & IV
Answer: D
Explanation:
Explanation/Reference:
Explanation:
COGS = Beginning inventory - Ending inventory + Purchases Hence, if BI is overstated and EI understated, COGS is overstated, implying income is understated. It should be remembered that implicit in the use of the above inventory equation is the assumption that there have been no write-downs or write- ups in the inventory.

NEW QUESTION: 2
What two things does a router do when it forwards a packet? (Choose two.)
A. computes the destination host address
B. switches the packet to the appropriate outgoing interfaces
C. determines the next hop on the path
D. updates the destination IP address
E. forwards ARP requests
Answer: B,C
Explanation:
Without following these two processes namely switching the packet to appropriate interface and telling the packet where to go by providing it with a destination IP address, the purpose of the same would not be solved.

NEW QUESTION: 3
You perform RMAN backups for your database and use a recovery catalog for managing the backups. To free space, you execute this command:
RMAN> DELETE OBSOLETE;
Which three statements are true is this scenario?
A. The physical filesrelated to the backup are deleted automatically.
B. A backup sets marked as expired are deleted.
C. The information related to the backups is removed from the recovery catalog and the control file.
D. The physical files related to the backup need to be manually deleted.
E. The backups deleted are based on the backup retention policy.
Answer: A,C,E