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NEW QUESTION: 1
Oftentimes when a project is terminated, senior managers will replace the project manager with an individual who is skilled in closing out projects. If this is done, the first step for the termination manager should be to______________.
A. Review the status of all contracts
B. Complete the lessons learned report
C. Notify all relevant stakeholders of the termination
D. Conduct an immediate review of the work packages
Answer: D
Explanation:
Explanation/Reference:
Explanation:
A thorough review of the work packages will provide a complete accounting of the physical progress achieved on the project. This is the first step in attempting to improve performance.
NEW QUESTION: 2
Refer to the exhibits. Exhibit 1 shows the definition of Customer business object.
Exhibit 2 contains fragments of Java code that creates an instance of Customer business object.
Which of the following lines of code places a value in the telephone field in the ArrayOfTelephone child business object?
A. DataObject tele_array = customer.createDataObject("ArrayOfTelephone");DataObject tele_array = customer.createDataObject("ArrayOfTelephone"); Sequence seq = tele_array.getString("telephone");? seq.add("telephone", "111-1111");
B. DataObject tele_array = customer.createDataObject("ArrayOfTelephone");DataObject tele_array = customer.createDataObject("ArrayOfTelephone"); tele_array.setString("telephone", "111-1111");
C. DataObject tele_array = customer.createDataObject("ArrayOfTelephone");DataObject tele_array = customer.createDataObject("ArrayOfTelephone"); Sequence seq = tele_array.getSequence(); seq.add("telephone", "111-1111");
D. DataObject tele_array = bof.create("http://Test", "ArrayOfTelephone");DataObject tele_array = bof.create("http://Test", "ArrayOfTelephone"); tele_array.setString("telephone", "111-1111");
Answer: C
NEW QUESTION: 3
Which of the following Explanation: s most likely would satisfy an auditor who questions management
about significant debits to the accumulated depreciation accounts?
A. The prior year's depreciation expense was erroneously understated.
B. Overhead allocations were revised at year-end.
C. The estimated remaining useful lives of plant assets were revised upward.
D. Plant assets were retired during the year.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. A debit to accumulated depreciation decreases the balance in that account. The
retirement of plant assets necessitates the removal (decrease) of accumulated depreciation related to the
retired asset by debiting accumulated depreciation.
Choice "A" is incorrect. Remember that correction of an estimate is given prospective, not retroactive,
treatment. Therefore, there would not be any decrease in the accumulated depreciation taken in previous
years, although future credits would be lower than previous credits had been.
Choice "C" is incorrect. If the prior year's depreciation expense were understated (i.e., too low), the entry
to correct the error would be a credit to accumulated depreciation.
Choice "D" is incorrect. Revision of overhead allocations would not result in a debit to accumulated
depreciation.
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