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NEW QUESTION: 1
In the successful effort method, oil firms:
I. are required to expense all oil-drilling costs resulting in dry holes.
II. can capitalize drilling costs which result in productive oil wells.
III. are required to capitalize all oil-drilling costs.
IV. are required to expense all oil-drilling costs.
A. III & IV
B. II only
C. I & II
D. I only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In extractive industries, firms are allowed to use either the full-cost method, in which all search and development costs can be capitalized, or the successful-efforts method, where all such costs are expensed unless they result in revenue-generating assets, in which case, they are capitalized. If an oil drilling firm uses the successful-efforts method, it expenses costs incurred on dry holes and capitalizes those resulting in oil-producing wells.
NEW QUESTION: 2
An employee at a targeted company downloads an IoT software update from a vendor's site that has been compromised with a Triggered software update. what kind of threat is this considered as?
A. Inside threat
B. Sophisticated actors threat
C. Outside threat
D. Social engineering
Answer: A
NEW QUESTION: 3
A lead developer reviewing code from one of the programmers found the following code. What should the
programmer be told about BY NAME assignments?
DCLl STR1, 3FB15 FIXED BIN (15), 3 CH10 CHAR (10), 3 NAME CHAR (25). 3 ADDR CHAR (30), 3
FB31 FIXED BIN(31);
DCL 1 STR2, 3 FB31 FIXED BIN (31), 3 FB31B FIXED BIN (31), 3 NAME CHAR (20), 3 ADDR CHAR
(30), 3 CH20 CHAR (20);
STR2 = STR1, BY NAME;
A. There is nothing wrong with using BY NAME assignments in this situation.
B. They do not work in this case and the code should be replaced by individual assignments.
C. They can have inadvertent side effects and the code should be analwed.
D. They are incorrect and should be replaced by individual assignments.
Answer: C
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