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NEW QUESTION: 1
During 1990, Fuqua Steel Co. had the following unusual financial events occur:
. Bonds payable were retired five years before their scheduled maturity, resulting in a $260,000 gain.
Fuqua has frequently retired bonds early when interest rates declined significantly.
. A steel forming segment suffered $255,000 in losses due to hurricane damage. This was the fourth
similar loss sustained in a 5-year period at that location.
. A component of Fuqua's operations, steel transportation, was sold at a net loss of $350,000.
This was Fuqua's first divestiture of one of its operating segments.
Before income taxes, what amount of gain (loss) should be reported separately as a component of
income from continuing operations in 1990?
A. $(255,000)
B. $5,000
C. $260,000
D. $(350,000)
Answer: B
Explanation:
Choice "b" is correct. $5,000.
The steel forming segment's hurricane damage (4th in 5 years) of $255,000 is only "unusual in nature"
and does not occur infrequently, therefore, it is not an "extraordinary item," and should be reported
separately as a component of "income from continuing operations."
The retirement of debt, although unusual, is not infrequent for the company; therefore, the gain does not
qualify for classification as an extraordinary item per APBO No. 30 (and SFAS No. 145).
NEW QUESTION: 2
MPLS dual-label stacking packets are ( ) bytes longer than original IP packets
A. 0
B. 1
C. 2
D. 3
Answer: B
NEW QUESTION: 3
A new resource named myIP is added to the service group named GroupA. GroupA is currently online on SystemA.Which command must be run for the agent to start monitoring the myIP resource?
A. hares -modify myIP Enabled 1
B. hares -add IP myIP Enabled 1
C. hares -online myIP -sys SystemA
D. hares -probe myIP -sys SystemA
Answer: A
NEW QUESTION: 4
If primary and secondary root switches with priority 16384 both experience catastrophic losses, which tertiary switch can take over?
A. a switch with priority 12288
B. a switch with priority 4096
C. a switch with priority 8192
D. a switch with priority 20480
Answer: D
Explanation:
Explanation/Reference:
Explanation:
In my opinion the switch with the lowest priority becomes the Root so B seems the correct answer but the consensus is on ANSWER A.
Can anyone explain this please. The answer is A because the other priorities are lower than root 16384. STP chooses priority first before mac address, so there can't be any switches with lower priority than the primary or secondary root switches.
Otherwise they would have been the root to begin with.
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