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NEW QUESTION: 1
Costs that can be reasonably associated with specific revenues but not with specific products should be
A. capitalized and then amortized over a period not to exceed 60 months.
B. allocated to specific products based on the best estimate of the production processing time.
C. capitalized and then amortized over a period not to exceed 40 years.
D. charged to expense in the period incurred.
E. expensed in the period in which the related revenue is recognized.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The expense recognition principle of "associating cause and effect" or "matching" applies when a direct cause and effect relationship can be demonstrated between costs and particular revenues.
NEW QUESTION: 2
A Business Partner has completed the sale of an XIV Gen3. What is the most important step to ensure customer satisfaction?
A. Conduct a pre-install Technical Delivery Assessment
B. Ensure the customer has prepared all necessary network cabling
C. Ask the customer if they have power installed for the new system
D. Discuss delivery requirements with the customer
Answer: C
NEW QUESTION: 3
When you configure an external Network Time Protocol clock source as the time source on publisher, which Stratum level should you select to provide the highest clock accuracy?
A. Stratum 2
B. Stratum 1
C. Stratum 4
D. Stratum 5
Answer: B
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