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Watson earns a bonus of 2% of net profit from his employers, ABC Co. In September 2012, Watson received a payment-in-anticipation of $3,000. On 31 December 2012, the directors estimated that net profits for the year would probably be $170,000.
What figure should be included in the Statement of Comprehensive Income for the year ended 31 December 2012 as an employee benefit?
A. $3,000
B. $400
C. Cannot be estimated
D. $3,400
Answer: D
NEW QUESTION: 2
The concepts of spot and forward rates are most closely associated with which one of the following explanations of the term structure of interest rates?
A. Segmented market theory
B. Liquidity premium theory
C. Expectations hypothesis
Answer: C
NEW QUESTION: 3
Your network contains one Active Directory domain named contoso.com. The domain contains
2,000 client computers used by students. You recently discover an increase in calls to the helpdesk that relate to security policy to meet the following requirement:
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Which Two security settings should you modify?
A. Account Policies
B. Kerberos Policy
C. Local Policies
D. Security Options
E. User Rights Assignment
F. Account Lockout Policy
G. Audit Policy
H. Password Policy
Answer: B,D
Explanation:
In Group Policy Object Editor, click Computer Configuration, click Windows Settings, click Security Settings, click Local Policies, and then click Security Options.
In the details pane, double-click Accounts: Rename administrator account.
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