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NEW QUESTION: 1
Scenario: A Citrix Architect needs to design a new XenApp and XenDesktop environment.
Click the Exhibit button to view information collected by the architect during the Resource Layer discussions.
Based on the requirements, the Citrix Administrative team should use _______to manage Citrix policies and
__________ to manage Microsoft settings. (Choose the correct option to complete the sentence.)
A. Citrix Studio; Workspace Environment Manager
B. Citrix Studio; Local Policies
C. Citrix Studio; Active Directory Group Policy Objects
D. Active Directory Group Policy Objects; Active Directory Group Policy Objects
E. Active Directory Group Policy Objects; Workspace Environment Manager
Answer: D
NEW QUESTION: 2
An entity that owns a new professional basketball team sells season tickets to its team's games. The season lasts from November through April with 10 games played each month. In Year 1. The entity collected US $3 million from season-ticket sales for the Year 1 - Year 2 season. Its fiscal year-end is December 31. Based on this information.
The enterprise should:
A. Report income of US $3 million on its Year 1 income statement.
B. Report income of US $1 million on its Year 2 income statement.
C. Report a liability for unearned income of US $2 million on its December 31, Year 1, balance sheet.
D. Report a liability for unearned income of US $3 million on its December 31, Year 1, balance sheet.
Answer: C
Explanation:
The collections represent a liability deferred income). The income recognition criteria are not met with respect to the season ticket collections until the receipt of future economic benefits is sufficiently certain. Such certainty exists with respect to collections related to the games played as of the balance sheet date. Accordingly, the entity should recognize US $1 million as income in Year 1 [(US $3,000,000 - 6 months) x 2 months]. The remaining US $2 million should be reported as a liability.
NEW QUESTION: 3
CORRECT TEXT
Alice's belt rack contains 1 red, 3 black, 4 brown, and 2 blue belts. If she were to randomly select one belt from the rack, what is the probability that it would be black?
A. 3/7
B. 3/10
C. 3/6
D. 3/4
Answer: B
NEW QUESTION: 4
The net present value of $110 one year from now at 10% is:
A. $100 less taxes
B. $100
C. $100 less taxes and interest
D. $120
E. $121
Answer: B