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NEW QUESTION: 1
In 1990, Teller Co. incurred losses arising from its guilty plea in its first antitrust action, and from a
substantial increase in production costs caused when a major supplier's workers went on strike.
Which of these losses should be reported as an extraordinary item?
A. Option D
B. Option C
C. Option B
D. Option A
Answer: B
Explanation:
Choice "c" is correct. Yes - No. Rule: Losses arising from a company's first (and probably "last")
"anti-trust" action are unusual and extraordinary and should be reported as an extraordinary item. Losses
resulting from additional costs caused by a strike at a major supplier or even at one's own company are
not extraordinary and should be disclosed as a separate component of "income from continuing
operations."
NEW QUESTION: 2
What happens to data that is scheduled to be archived if there is no archive copy group in the management class?
A. The archive fails.
B. The archive retention grace period of 365 days is used.
C. The archive retention grace period of 90 days is used.
D. The default backup copy group setting Retain Only is used.
Answer: D
NEW QUESTION: 3
Which of the following operates at OSI layer 2 to forward traffic based on the MAC
address?
A. VPN Concentrator
B. Switch
C. Router
D. Proxy Server
Answer: B
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