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NEW QUESTION: 1
On May 1, 1997 Bluefish Co. bought 100 bonds (face value $1,000 and stated interest 10%) of
Hawkeye Inc., interest payable semiannually on July 1, and January 1. The bond price was 920 excluding accrued interest. Due to short-term nature of the investment Bluefish put this in marketable debt securities section of its current assets. At the end of 1997 the interest revenue from this investment on income statement should be:
A. $6,667.
B. $10,000 since it received $5,000 on July as bond interest and another $5,000 would be due tomorrow
(Jan. 1, 1998).
C. No interest revenue, since marketable securities are short-term in nature and only the difference between acquisition price and disposition price is calculated as gain or loss.
Answer: A
Explanation:
100 x $1,000 x 0.1 x 8/12 = $6,667.

NEW QUESTION: 2

A. Option C
B. Option E
C. Option D
D. Option F
E. Option A
F. Option G
G. Option B
Answer: A

NEW QUESTION: 3
Typically, what might a vision statement identify for the Service Desk?
A. Short-term goals
B. Medium-term objectives
C. Long-term goals
D. Ongoing operational objectives
Answer: C

NEW QUESTION: 4
Your network contains an Active Directory domain named adatum.com. The domain contains a file server named FS1 that runs Windows Server 2012 R2 and has the File Server Resource Manager role service installed. All client computers run Windows 8.
File classification and Access-Denied Assistance are enabled on FS1.
You need to ensure that if users receive an Access Denied message, they can request assistance by email from the Access Denied dialog box.
What should you configure?
A. A file management task
B. The File Server Resource Manager Options
C. A classification property
D. A report task
Answer: B
Explanation: