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NEW QUESTION: 1
A US company has offices throughout the US and in Europe. What accounting rules are the company required to use?
A. Securities Exchange Act rules
B. International Financial Reporting Standards
C. American Institute of Certified Public Accountants rules
D. Generally Accepted Accounting Principles
Answer: D
Explanation:
Explanation/Reference:
Answer option D is correct.
US-based companies are required to use the Generally Accepted Accounting Principles (GAAP) rules. In
2008, the SEC began to consider allowing companies to use the International Financial Reporting Standards.
Answer option A is incorrect. The American Institute of Certified Public Accountants created the GAAP rules.
Answer option B is incorrect. International Financial Reporting Standards are being considered to standardize accounting practices worldwide.
Answer option C is incorrect. The Securities Exchange Act rules aren't valid rules. This act of 134 gave authority to the Securities and Exchange Commission (SEC) for overseeing accounting standards or publicly traded companies.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Organizations
NEW QUESTION: 2
XYZ Corp. has operations In the U.S. and Canada. Within Canada, It has two separate Divisions due to Statutory requirements: one In Quebec and another In Ontario.
How would you define the organization structure for XYZ Corp. from the Information given above?
A. two Ledgers, two Legal Entities, and three Operating Units
B. two Ledgers, two Legal Entitles, and two Operating Units
C. two Ledgers, three Legal Entities, and three Operating Units
D. two Ledgers, three Legal Entities, and two Operating Units
E. three Ledgers, three Legal Entities, and three Operating Units
Answer: C
NEW QUESTION: 3
A company requires to connect two data center sites using a hub-and-spoke design. There are 2000 remote sites. It is required to transfer MPLS labeled packets over the public Internet using one router at each remote site. These MPLS labeled packets must be encapsulated inside IP packets. Which solution must be used to simplify this network design?
A. GET VPN encrypts the MPLS packets with IPsec.
B. L2TPv3 encapsulated the MPLS packets
C. Site-to-site IPsec without GRE encapsulates the MPLS packets.
D. DMVPN dynamically builds GRE tunnels with MPLS encapsulation inside.
E. PPPoE encapsulates the MPLS packets
Answer: D
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