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NEW QUESTION: 1
An inventory loss from a market price decline occurred in the first quarter, and the decline was not expected to reverse during the fiscal year. However, in the third quarter the inventory's market price recovery exceeded the market decline that occurred in the first quarter. For interim financial reporting, the dollar amount of net inventory should:
A. Not be affected in either the first quarter or the third quarter.
B. Decrease in the first quarter by the amount of the market price decline and increase in the third quarter by the amount of the decrease in the first quarter.
C. Decrease in the first quarter by the amount of the market price decline and increase in the third quarter by the amount of the market price recovery.
D. Decrease in the first quarter by the amount of the market price decline and not be affected in the third quarter.
Answer: D
NEW QUESTION: 2
Many great inventions are greeted with ridicule and disbelief. The invention of the airplane was no exception. Although many people who heard about the first powered flight on December 17,1903, were excited and impressed, others reacted with peals of laughter. The idea of flying an aircraft was repulsive to some people. Such people called Wilbur and Orville Wright, the inventors of the first flying machine, impulsive fools.
Negative reactions, however, did not stop the Wrights. Impelled by their desire to succeed, they continued their experiments in aviation. Orville and Wilbur Wright had always had a compelling interest in aeronautics and mechanics. As young boys they earned money by making and selling kites and mechanical toys.
Later, they designed a newspaper-folding machine, built a printing press, and operated a bicycle-repair shop. In 1896, when they read about the death of Otto Lilienthal, the brother's interest in flight grew into a compulsion. Lilienthal, a pioneer in hang-gliding, had controlled his gliders by shifting his body in the desired direction. This idea was repellent to the Wright brothers, however, and they searched for more efficient methods to control the balance of airborne vehicles. In 1900 and 1901, the Wrights tested numerous gliders and developed control techniques. The brothers' inability to obtain enough lift power for the gliders almost led them to abandon their efforts. After further study, the Wright brothers concluded that the published tables of air pressure on curved surfaces must be wrong.
They set up a wind tunnel and began a series of experiments with model wings. Because of their efforts, the old tables were repealed in time and replaced by the first reliable figures for air pressure on curved surfaces. This work, in turn, made it possible for them to design a machine that would fly. In 1903 the Wrights built their first airplane, which cost less than one thousand dollars. They even designed and built their own source of propulsion- a lightweight gasoline engine. When they started the engine on December
17, the airplane pulsated wildly before taking off. The plane managed to stay aloft for twelve seconds, however, and it flew one hundred twenty feet. By 1905 the Wrights had perfected the first airplane that could turn, circle, and remain airborne for half an hour at a time. Others had flown in balloons or in hang gliders, but the Wright brothers were the first to build a full-size machine that could fly under its own power.
As the contributors of one of the most outstanding engineering achievements in history, the Wright brothers are accurately called the fathers of aviation.
Lilenthal's idea about controlling airborne vehicles was ___ the Wrights.
A. opposite to the ideas of
B. accepted by
C. opposed by
D. proven wrong by
E. disliked by
Answer: E
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
If a mutual fund has invested its assets by allocating about one-third each for bonds, preferred stocks, and
common stocks, it is identified as:
A. an income fund
B. a unit investment trust fund
C. a balanced fund
D. a specialized fund
Answer: C
Explanation:
a balanced fund. A balanced fund varies its investments among these categories of
holdings.
NEW QUESTION: 4
A. Slowly Changing Dimension
B. Data Conversion
C. Multicast
D. Aggregate
E. Lookup
Answer: C,E
Explanation:
A: The transformation that distributes data sets to multiple outputs.
The transformation that distributes data sets to multiple outputs.
C: Lookup Transformation
The transformation that looks up values in a reference table using an exact match.
Note:
* SQL Server Integration Services provides three different types of data flow components: sources, transformations, and destinations. Sources extract data from data stores such as tables and views in relational databases, files, and Analysis Services databases. Transformations modify, summarize, and clean data. Destinations load data into data stores or create in-memory datasets.
Incorrect:
Not B: Data Conversion Transformation
The transformation that converts the data type of a column to a different data type.
Not D: Slowly Changing Dimension Transformation
The transformation that configures the updating of a slowly changing dimension.
Not E: The Aggregate transformation applies aggregate functions, such as Average, to column values and copies the results to the transformation output. Besides aggregate functions, the transformation provides the GROUP BY clause, which you can use to specify groups to aggregate across.
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