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NEW QUESTION: 1
Which of the following about the Isp-ping command on the Alcatel-Lucent 7750 SR is FALSE?
A. An echo request is sent based on the LSP's label stack.
B. The IP destination address is used to initiate echo requests,
C. Echo reply packets may not take the same path as the LSP.
D. The test fails if the LSP is not operationally up.
NEW QUESTION: 2
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with
Quo's president and outside accountants, made changes in accounting policies, corrected several errors
dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List B represents the general accounting treatment
required for these transactions. These treatments are:
. Cumulative effect approach - Include the cumulative effect of the adjustment resulting from the
accounting change or error correction in the 1993 financial statements, and do not restate the 1992
. Retroactive or retrospective restatement approach - Restate the 1992 financial statements and adjust
1 992 beginning retained earnings if the error or change affects a period prior to 1992.
. Prospective approach - Report 1993 and future financial statements on the new basis but do not restate
1 992 financial statements.
Item to Be Answered
The equipment that Quo manufactures is sold with a five-year warranty. Because of a production
breakthrough, Quo reduced its computation of warranty costs from 3% of sales to 1% of sales.
List B (Select one)
A. Prospective approach.
B. Cumulative effect approach.
C. Retroactive or retrospective restatement approach.
Choice "C" is correct. This affects only the prospective (current and subsequent) periods - not prior
periods, not retained earnings.