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NEW QUESTION: 1
Which mandatory section required within the Enterprise Vault Policy Manager (EVPM) initialization file must always be at the top of the file?
A. [Archive]
B. [Mailbox]
C. [Directory]
D. [Folder]
Answer: C
NEW QUESTION: 2
What is the difference between object replication and content replication?
A. Object replication synchronizes object metadata and content files to a source repository to a target repository; content replication synchronizes content files between filestores in a single repository.
B. Object replication copies object metadata and content files from the source repository and deletes them in the target repository; content replication copies only content files to the target repository and deletes them in the source repository.
C. Object replication and content replication are the same.
D. Object replication moves object metadata and content files from a source repository to a target repository; content replication moves content files only to a target repository.
Answer: A
NEW QUESTION: 3
According to the FASB conceptual framework, which of the following statements conforms to the
realization concept?
A. Depreciated equipment was sold in exchange for a note receivable.
B. Cash was collected on accounts receivable.
C. Product unit costs were assigned to cost of goods sold when the units were sold.
D. Equipment depreciation was assigned to a production department and then to product unit costs.
Answer: A
Explanation:
Choice "b" is correct. Revenues and gains are realized when assets are exchanged for cash or claims to
cash. SFAC 5 para. 83.
Choice "a" is incorrect. Assigning depreciation in a production department is an example of allocating
overhead. There is no realization associated with the assignment.
Choice "c" is incorrect. The realization concept is integral to accounting for revenues and expenses and is
not connected to collection of receivables.
Choice "d" is incorrect. Assignment of overhead costs to products and thus to cost of goods sold is an
example of matching. There is no realization associated with this assignment.
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