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NEW QUESTION: 1
Which of the following changes in accounting policies resulting from a significant change in the expected pattern of economic benefit will increase profit?
A. A change from FIFO to weighted-average inventory valuation when costs are falling.
B. A change from FIFO to LIFO inventory valuation when costs are rising.
C. A change from straight-line to accelerated depreciation in the early years of the depreciable lives of the assets.
D. A change from accelerated to straight-line depreciation in the later years of the depreciable lives of the assets.
Answer: A
Explanation:
According to IAS 16 Property, Plant, and Equipment, a change in depreciation method resulting from a significant change in the expected pattern benefits is accounted for as a change in estimate, that is. prospectively. In a period of falling cost=. FIF1 results in higher cost of goods sold than the weighted-average method. FIFO includes the higher, early in cost of goods sold, whereas the weighted-average method averages the later, lower costs with the higher, earlier costs. Thus, a change from FIFO to weighted-average costing reduces cost of goods sold and into reported profit. An entity had the following account balances in the pre-closing trial balance:

NEW QUESTION: 2
What does Patrick need to do after uploading mail files via FTP to have the users listed under the Request Control number in the IBM SmartCloud Notes administration web pages?
A. Click a button on the FTP Upload page to indicate that the upload is complete.
B. Finish the upload by uploading the encryption key.
C. Send an email to SmartCloud Notes Support to indicate that the upload is complete.
D. Nothing, the service detects the completed upload automatically.
Answer: A

NEW QUESTION: 3
You have Microsoft 365 tenant.
You need to present data from a Microsoft Azure SQL database to a Microsoft SharePoint Online list.
Which four actions should you perform in seQuence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
NOTE: More than one order of answer choices is correct. You will receive credit for any of the correct you select.

Answer:
Explanation:

Explanation

Step 1: Create a Business Connectivity
Create Back End Azure SQL DB For SharePoint Online Business Connectivity Services Step 2: Create a Secure Store Target Application Secure Store target Application- Secure store in SharePoint will hold the credentials which will be used by SharePoint to connect to Azure SQL DB.
Step 3: Create Azure SQL DB External Content Type
Step 4: Create External List
Create External List from SharePoint Online
We create an external list, which is based on the content type that connects to Azure SQL DB.
References:
https://social.technet.microsoft.com/wiki/contents/articles/39170.integrate-azure-sQl-db-with-sharepoint-online-a

NEW QUESTION: 4

A. Option B
B. Option A
C. Option C
D. Option D
Answer: B,D

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