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NEW QUESTION: 1
On June 1 of the current year, XYZ Company purchased British pounds for 10,000 euros. It also acquired land for 25,000 euros. At the end year or XYZ Company's fiscal year on December 31, the spot rate for the pound was 1.20 euros. The land had a value of 27,500 euros. XYZ Company records its nonmonetary items at historical cost. Which of the following is the correct presentation of this transaction on XYZ Company's balance sheet?
A. €10,000 €25,000
B. €12,000 €25,000
C. €12,000 €27,500
D. €10,000 €27,500
Answer: B
Explanation:
At the balance sheet date, monetary items are reported at the closing rate, which is often the spot rate on the balance sheet date. Nonmonetary items measured at historical cost reported at the rate on the transaction date. Thus, the pounds are reported at €12.0001.20
€/￡ x €10,000), and the land is reported at €25,000.

NEW QUESTION: 2
A new catalog item was added to an existing service named DMZServers, but it is NOT appearing in the catalog. All of the other items in the service appear correctly.
Which of the following would explain this behavior?
A. There is an approval policy on the entitlement.
B. The catalog items were assigned to the entitlement individually.
C. The catalog item still requires actions to be associated.
D. The entitlement needs to be reactivated.
Answer: A
Explanation:
Explanation/Reference:
Reference: https://pubs.vmware.com/vra-70/index.jsp?topic=%2Fcom.vmware.vrealize.automation.doc%
2FGUID-F283E64D-9000-4129-82AC-6C1C95E36B6F.html

NEW QUESTION: 3
A planned order receipt is generated by MRP when:
A. Net requirements are greater than zero
B. Projected available balance is above zero
C. Gross requirements are greater than zero
D. Forecasted demand is less than planned supply
Answer: A

NEW QUESTION: 4
Refer to the exhibit.
Exhibit 1.

Exhibit 2.
Which devices can communicate with each other at Layer 2?
A. Devices 2 and 3 can communicate at Layer 2.
B. Devices 1 and 3 can communicate at Layer 2.
C. Devices 1 and 4 can communicate at Layer 2; Devices 2 and 3 can communicate at Layer 2.
D. Devices 1 and 2 can communicate at Layer 2; Devices 3 and 4 can communicate at Layer 2.
Answer: A