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NEW QUESTION: 1
The following costs were incurred by Griff Co., a manufacturer, during 1992:

What amount of these costs should be reported as general and administrative expenses for 1992?
A. $635,000
B. $260,000
C. $550,000
D. $810,000
Answer: B
Explanation:
Choice "a" is correct. General and administrative expenses include:

Freight-in is part of cost of sales; freight-out is a selling expense; and sales salaries are selling expenses.
Choice "b" is incorrect. Freight-in is part of cost of inventory; freight-out is a selling expense; and sales
salaries are selling expenses.
Choice "c" is incorrect. Freight-in is part of cost of inventory; freight-out is a selling expense; and sales
salaries are selling expenses.
Choice "d" is incorrect. Freight-in is part of cost of inventory; freight-out is a selling expense; and sales
salaries are selling expenses.

NEW QUESTION: 2
Which of the following can be hot-swappable?
A. Floppy drive
B. Tape drive
C. DVD-RW
D. Hard drive
Answer: D

NEW QUESTION: 3
Which two statements about NVGRE are true? (Choose two)
A. NVGRE endpoints can reside within a virtual machine
B. The network switch handles the addition and removal of NVGRE encapsulation
C. It supports up to 32 million virtual segments per instance
D. The virtual machines reside on a single virtual network regardless of their physical location
E. It allows a virtual machine to retain its MAC and IP addresses when it is moved to different hypervisor on a different L3 network
Answer: A,D

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