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NEW QUESTION: 1
DEF is the consignee for 1.000 units of product X for ABC Company. ABC should recognize the revenue from these 1,000 units when:
A. ABC ships the goods to DEF.
B. The agreement between DEF and ABC is signed.
C. DEF receives the goods from AB
D. DEF sells the goods and informs ABC of the sale
Answer: D
Explanation:
Under a consignment arrangement, the consignor ships merchandise to the consignee who acts as agent for the consignor in selling the goods are in the physical possession of the consignee but remain the property of the consignor arid are included in the consignor's inventory. Revenue and the related cost of goods sold from these consigned goods should only be recognized by the consignor when the merchandise is sold and delivered to the final customer. Accordingly, recognition occurs when notification is received that the consignee has sold the goods. Only then are the recognition occurs when notification is received that the consignee has the goods. Only then are the recognition criteria for a sale of goods satisfied the enterprise has transferred the significant risks and reward of ownership, the enterprise has neither continuing managerial involvement to an extent associated with ownership nor effective control over the goods, the amount can be reliably measured, it is probably that the economic benefits with flow to the enterprise, and transactional costs can be reliably measured.

NEW QUESTION: 2
In comparison to a full-factorial design of experiment (DOE), a traditional, one-at-a-time approach will
A. cost less
B. gain efficiencies
C. miss interactions
D. save time
Answer: C

NEW QUESTION: 3
When you troubleshoot a LAN that has Huawei devices deployed, you find that there are many unicast frames with unknown source MAC addresses in the LAN. What is the greatest harm that many unknown source MAC address unicast frames will cause to the switch?
A. Consume available bandwidth
B. Increase the power consumption of the power supply
C. Occupy TCAM entries
D. Consume available MAC address entries in the system
E. Occupy the memory of cached frames
Answer: D


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CCD-102 Exam Info

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CCD-102 Exam Topics

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CCD-102 Offcial Page

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Schedule the CCD-102 Exam

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