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NEW QUESTION: 1
The Performance Presentation Standards ________ require retroactive compliance.
A. never
B. sometimes
C. always
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Retroactive compliance is not required, but it is allowed for firms with performance calculations for periods prior to the applicable dates that are not in conformance with the AIMR-PPS. In this case, the firm can restate its historical performance in accordance with the Relaxed Retroactive Standards.
NEW QUESTION: 2
In a class lest there are 5 questions, one question has been taken from each of the 4 chapters. The first
two chapters have 3 questions each and the last two chapters have 6 questions each. The fourth question
can be picked from any of the chapters. How many different question papers could have been prepared?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C
NEW QUESTION: 3
After surfing the Internet, Joe, a user, woke up to find all his files were corrupted. His wallpaper was replaced by a message stating the files were encrypted and he needed to transfer money to a foreign country to recover them. Joe is a victim of:
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D. ransomware
Answer: D
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