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NEW QUESTION: 1
A developer wants the Configuration Deployment Tool to detect a conflict based on the expected old value of an attribute of a record from the source database against the current value of the corresponding record in the target database. Which file does the developer need to change?
A. dbverify.sh
B. cdtshell.sh
C. ydk.xml
D. ydkprefs.xml
Answer: D

NEW QUESTION: 2
You are using the Payable's Deferred Expense feature (also known as Multiperiod Accounting). You have entered an invoice for a three-month lease that is entered on Jan 10th. The total expense is $12,000 and it covers the rental period from Jan 1st to mar 31st.
Assuming that the rental expenses are split evenly per month and a monthly accounting calendar is used, what would the accounting entry be?
A. On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000
B. On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000 On Feb 28st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000
C. On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000 and then
On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000 On Feb 28st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000 On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000
D. On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepaid Expense for 4,000 On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000
Answer: C

NEW QUESTION: 3
Dr. Floss has just earned his dental degree and wants to establish a private dental practice. He has had a bit of sticker shock at the price of all the equipment this will require him to purchase. Because he still has a large student loan to repay, he has been unable to borrow any money from his financial institution. To raise capital, he decides to sell fifty ownership interests of $1,000 each to interested investors and takes out a full page ad in a local newspaper to advertise this investment. In this scenario:
A. Dr. Floss has not violated any laws since the notes have a face value of only $1,000 and he is selling them to a maximum of 50 different investors.
B. Dr. Floss can be charged with criminal fraud under the provisions of the Securities Exchange Act of
1934.
C. Dr. Floss has not violated any laws since these ownership interests do not fall under the definition of a security.
D. Dr. Floss has violated the provisions of the Securities Act of 1933 and may face civil penalties.
Answer: D
Explanation:
Explanation/Reference:
Explanation: If Dr. Floss offers fifty ownership interests of $1,000 each for sale to interested investors, he has violated the provisions of the Securities Act of 1933, which requires that new securities be registered unless they are exempt from registration, and may face civil penalties. There is no evidence that he has made any misrepresentations or otherwise attempted to defraud investors, so he is not subject to criminal fraud charges. The ownership interests do fall under the definition of a security.

NEW QUESTION: 4
Which software compression algorithm does Symantec Backup Exec 2012 use?
A. LZS
B. FRF9
C. STAC
D. PPP
Answer: C


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L3M4 Exam Info

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L3M4 Exam Topics

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L3M4 Offcial Page

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Schedule the L3M4 Exam

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