Which of the following is the most basic cloud offering?
A. IaaS
B. CDN
C. SaaS
D. VPN
E. SAS
Answer: A
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Selected production and cost data of Rivera Manufacturing Company follow for June:
On June 30, the Mixing Department's ending Work-in-Process Inventory was 80% complete for materials and 40% complete for conversion costs. The Finishing Department's ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs. The weighted-average method is used.
Requirements:
1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department.
2. Compute the equivalent units of production for transferred in costs, direct materials, and conversion costs for the Finishing Department.
The statement of cash flows classifies cash used for interest expense as
a. an operating activity b. an investing activity. c. a financing activity. d. an exchange activity. e. a funds usage activity.
Which of the following statements is CORRECT?
A. You hold two bonds, a 10-year, zero coupon, issue and a 10-year bond that pays a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate rises from its current level, the zero coupon bond will experience the larger percentage decline. B. The time to maturity does not affect the change in the value of a bond in response to a given change in interest rates. C. You hold two bonds. One is a 10-year, zero coupon, bond and the other is a 10-year bond that pays a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate rises from the current level, the zero coupon bond will experience the smaller percentage decline. D. The shorter the time to maturity, the greater the change in the value of a bond in response to a given change in interest rates, other things held constant. E. The longer the time to maturity, the smaller the change in the value of a bond in response to a given change in interest rates.
In a contribution format income statement for a merchandising company, the cost of goods sold reports the product costs attached to the merchandise sold during the period.
Answer the following statement true (T) or false (F)