The CCNP demonstrates that a network professional can install, configure, and troubleshoot LANs and WANs for enterprise organizations with networks having 100 to more than 500 devices

Indicate whether the statement is true or false


TRUE

Business

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Eller Company uses a periodic inventory system. Relevant inventory information for the year follows: 1-Jan Beginning inventory20 units @ $170 per unit23-May Purchased20 units @ $135 per unit5-Nov Purchased400 units @ $185 per unit18-Nov Purchased100 units @ $195 per unitAt year-end, 50 units remain in inventory. What is the cost of the ending inventory on a LIFO basis?

A. $7,950 B. $7,100 C. $8,750 D. $8,450

Business

When a futures contract is purchased, ________

A) no money changes hands B) the only cash flow is at the maturity of the contract C) the buyer must deposit a certain amount of cash into a margin account D) the futures commission merchant marks up the price to cover his commission

Business

Which of the following statements best describes the property protection given a singer's voice? A) No protection is given since it is intangible

B) No protection is given because many people legitimately sound like famous singers. C) The voice is given the same protection as the face or likeness. D) None of the above

Business

How does income distribution occur in communist countries?

A) by the "invisible hand" dynamic B) according to individual needs C) by market forces D) by income to wealthy creators E) by a mix of wealth-creator income and state benefits

Business