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Oracle Financials Cloud: General Ledger 2023 Implementation Professional 1z0-1054-23 Exam.

NEW QUESTION: 1
The following items were among those that were reported on Lee Co.'s income statement for the year
ended December 31, 1989:

The office space is used equally by Lee's sales and accounting departments. What amount of the above
listed items should be classified as general and administrative expenses in Lee's multiple-step income
statement?
A. $325,000
B. $290,000
C. $500,000
D. $410,000
Answer: B
Explanation:

Note: 1/2 of the office space of $240,000 was used by the sales department, which should be allocated to
"selling expenses" (not general and administrative).
Choice "a" is correct. $290,000.

NEW QUESTION: 2
You need to choose the appropriate data binding strategy for the image list box. Which method should you use?
A. System.Drawing.ImageConverter.ConvertFrom(value, typeof(Image), CultureInfo.CurrentUICulture)
B. IValueConverter.ConvertBack()
C. IValueConverter.Convert()
D. System.Drawing.ImageConverter.ConvertTo(value, typeof(Image))
Answer: C

NEW QUESTION: 3
What issues can affect Virtual Terminal Protocol, or VTP, configuration?
A. The VTP domain name is matched on switches
B. There is a trunk configured and operational
C. The VTP version has been configured differently across switches
D. The VTP password is not the same across the switch domain
Answer: C,D

NEW QUESTION: 4
Henry is the network manager at XYY Corporation, a large manufacturing company that competes in the global market. The company's computing environment is extremely
complex and includes several proprietary software systems, all of which require custom configuration of network devices to operate correctly. The company's executive management team believes that they can benefit by switching the company over to any cloud-based service. Henry disagrees. What is a disadvantage of cloud-based services that Henry can cite to support his position?
A. Cloud-based services provide no maintenance or support.
B. Cloud-based services are typically more limited in offerings and configurations than the company currently supports in-house.
C. The company must typically purchase additional servers to support connections to these types of cloud-based service providers.
D. Cloud-based services are typically more costly than in-house solutions.
Answer: B


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