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NEW QUESTION: 1
Which of the following items would require the recognition of a deferred tax asset or liability?
I). interest expense incurred on funds borrowed to acquire tax-exempt state government bonds
II). bad debts expense determined by the direct write-off approach for tax purposes, but calculated by the allowance approach for financial accounting purposes
III). interest revenue received from government bonds
A. I and II.
B. II only.
C. III only.
Answer: B
Explanation:
The only one that is a temporary difference is the difference in the accounting for bad debts expense. The others are permanent differences.
NEW QUESTION: 2
Alice has been asked to enable SSL security for the company's IBM Sametime Community, Proxy and Meeting infrastructures so that clients can access the services over secure ports. There are three Sametime Community Servers, three Sametime Proxy Servers, five Meeting Servers and two IBM WebSphere Proxy Servers.
How many SSL certificates does Alice need to purchase?
A. 0
B. 1
C. 2
D. 3
Answer: A
NEW QUESTION: 3
The CSIS has the ____________to provide data for services when Finacle is_________.
A. Business logic, available
B. Both business and presentation logic, not available
C. Presentation logic, not available
D. Business logic, not available
Answer: D
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