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NEW QUESTION: 1
Which of the following best describes the distinction between expenses and losses?
A. Losses are reported net of related tax effect, whereas expenses are not reported net of tax.
B. Losses are extraordinary charges, whereas expenses are ordinary charges.
C. Losses result from peripheral or incidental transactions, whereas expenses result from ongoing major or central operations of the entity.
D. None of these answers.
E. Losses are material items, whereas expenses are immaterial items.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Expenses are outflows or other using up of assets or incurrence of liabilities from delivering or producing goods, services or key operations. Losses are defined as decreases in equity (net assets) except those that result from expenses or distributions to owners.

NEW QUESTION: 2
Often in working as a project manager, it is easy to overlook key stakeholders. Assume you work for a device manufacturer and are working as the project manager for the next generation valve replacement. Your company has been a leader in this market, which means you have a lot of lessons learned available to you. Your project is scheduled to last four years. As a best practice, you should______________
A. Work actively with members of your company's Portfolio Review Board
B. Consult regularly with your program manager
C. Work actively with members of your Governance Board
D. Work actively with your company's Knowledge Management Officer
Answer: C
Explanation:
New product development organizations are noted for setting up Governance Boards to oversee projects. Additionally in this situation, it is a long project that is important to the company. Project governance ensures the alignment of the project with stakeholder needs and expectations and is critical to the management of stakeholder expectations and to the achievement of organizational objectives. [Executing] PMI@, PMBOK@ Guide, 2013, 30

NEW QUESTION: 3
Which three authentication types does OSPF support? (Choose three.)
A. MD5
B. Plaintext
C. Null
D. PEAP
E. PAP
F. MS-CHAP
Answer: A,B,C

NEW QUESTION: 4
An organization uses three Exchange servers in a single domain and two Veritas
Enterprise Vault 12.x for Exchange (EV) servers.
How many Provisioning tasks are required?
A. one per Exchange server
B. one per EV Directory
C. one per EV server
D. one per target domain
Answer: D