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NEW QUESTION: 1
A. Option E
B. Option B
C. Option A
D. Option D
E. Option C
Answer: A,B,C
Explanation:
NEW QUESTION: 2
Which category must be enabled before db2audit will record the creation of new buffer pools?
A. OBJCREATE
B. OBJMAINT
C. CHECKING
D. SECMAINT
Answer: B
NEW QUESTION: 3
I). The generally accepted accounting principle (GAAP) that determines when revenue should be recorded in the accounting records is called the realization principle.
II). The generally accepted accounting principle (GAAP) that determines when expenses should be recorded in the accounting records is called the realization principle.
A. only I is true.
B. both are true.
C. both are false.
Answer: A
Explanation:
I). The realization principle determines when revenue should be recorded in the accounting records. Revenue is realized when services are rendered to customers or when goods sold are delivered to customers.
II). The matching principle is the generally accepted accounting principle that determines when expenses should be recorded in the accounting records. The revenue earned during an accounting period is matched (offset) with the expenses incurred in generating this revenue.
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