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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. $550,000
B. $260,000
C. $810,000
D. $635,000
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. Tape drive
B. Hard drive
C. Floppy drive
D. DVD-RW
Answer: B

NEW QUESTION: 3
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B. The network switch handles the addition and removal of NVGRE encapsulation
C. NVGRE endpoints can reside within a virtual machine
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Answer: C,E

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