In an IPv4 packet, the ________ field describes the contents of the packet's data field
A) TTL
B) header checksum
C) protocol
D) next-higher-layer
Answer: C
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Professional Skepticism Explain why professional skepticism is important in making professional judgments. What are the types of actions that a professionally skeptical auditor will take?
If the auditor concludes that there may be a going-concern problem, which of the following is not typically evaluated to determine the reasonableness of management's plans to overcome this problem?
a. Management's assumption about increasing prices or market share in relationship to current industry developments. b. Management's assumptions about cost savings related to a reduction in the work force should be recomputed and evaluated to determine any hidden costs. c. Management's past track record related to delaying unnecessary expenditures. d. Management's assumptions about selling off assets and their relationship to current market prices.
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $231,000 and Total Liabilities of $17,800 and Total Paid-in capital of $71,200. During the year, the company reported total revenues of $270,000 and expenses of $209,000. Also, dividends during the year totaled $56,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
A. $200,000. B. $147,000. C. $230,000. D. $141,000. E. $144,000.
What options are available to a firm that has a product in the decline stage of the product life cycle? Briefly discuss each option
What will be an ideal response?