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Valid CDCS Braindumps - EXIN Best CDCS Vce, Latest CDCS Dumps Questions - Sugakumaster
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Exam Code: CDCS
Exam Name: EXIN EPI Certified Data Centre SpecialistCertification
Version: V16.75
Q & A: 400 Questions and Answers
CDCS Free Demo download
About EXIN CDCS Exam
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NEW QUESTION: 1
Click the exhibit.
AS 65540 routers are iBGP fully-meshed. Assume routers R4, R5 and R6 are configured with addpaths ipv4 send 2 receive". Which routes to 192.168.0.1/27 is router R6 expected to have in its BGP routing table?
A. Two routes; one from router R4 and one from router R5.
B. Four routes; two from router R4 and two from router R5.
C. Two routes from router R5.
D. Two routes from router R4.
Answer: B
NEW QUESTION: 2
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with
Quo's president and outside accountants, made changes in accounting policies, corrected several errors
dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List A represents possible clarifications of these
transactions as: a change in accounting principle, a change in accounting estimate, a correction of an
error in previously presented financial statements, or neither an accounting change nor an accounting
error.
During 1993, Quo increased its investment in Worth, Inc. from a 10% interest, purchased in 1992, to 30%,
and acquired a seat on Worth's board of directors. As a result of its increased investment, Quo changed
its method of accounting for investment in Worth, Inc. from the cost method to the equity method.
List A
A. Change in accounting estimate.
B. Correction of an error in previously presented financial statements.
C. Neither an accounting change nor an accounting error.
D. Change in accounting principle.
Answer: C
Explanation:
Choice "d" is correct. A change from the cost method (less than 20% ownership) to the equity method
(20% or more ownership or a Board seat or other significant influence) of accounting for investment in an
investee is neither an accounting change nor an accounting error. If it is not an accounting change, it
cannot be a change in accounting principle or a change in accounting estimate since those two types of
changes are both accounting changes.
There is a considerable amount of controversy on this particular answer. Some people think that this
change is a change in accounting principle (something certainly changed, but was it the accounting
principle?), and others think it is a change in accounting entity (which is not one of the available answers;
anyway, did the accounting entity actually change or is it the same entity accounted for differently?).
Under SFAS No. 154, a change in accounting principle is treated retrospectively and a change in
accounting entity is treated retrospectively.
This kind of change (cost to equity) has never been specifically identified in any accounting literature as
either a change in accounting principle or a change in accounting entity. The words "cost method" were
never mentioned in APB 20 (other than the full cost method for oil & gas companies, which is an entirely
different subject), nor was it mentioned in SFAS No. 154. It was, however, discussed in APB 18 (the
pronouncement for the equity method) in Paragraph 19m (bold added): "An investment in common stock
of an investee that was previously accounted for on other than the equity method may become qualified
for use of the equity method by an increase in the level of ownership described in paragraph 17 (i.e.,
acquisition of additional voting stock by the investor, acquisition or retirement of voting stock by the
investee, or other transactions). When an investment qualifies for use of the equity method, the investor
should adopt the equity method of accounting. The investment, results of operations (current and prior
periods presented), and retained earnings of the investor should be adjusted retroactively in a manner
consistent with the accounting for a step-by-step acquisition of a subsidiary."
What does all this mean? It means that, when there is a change in the percentage of ownership that
changes accounting from the cost method to the equity method, the change is treated retroactively (just
like changes in accounting entity used to be treated, although they are now treated retrospectively). It
does not say that the change is a change in accounting principle or anything else. Nothing in SFAS
No.154 changed this treatment. So all this still makes Choice "d" correct. This whole issue might easily be
considered to be splitting hairs, at the very least. Some questions on the CPA exam are just that way.
Most are not.
NEW QUESTION: 3
Your organization has a Microsoft Office 365 subscription.
When the users attempt to access the Power BI Service, they receive the error message shown in the
exhibit. (Click the Exhibit button.)
You need to ensure that all the users can access the Power BI service.
What should you do first?
A. From the properties of each dashboard, modify the Share dashboard settings.
B. From Microsoft Azure PowerShell, run the Set-MsolCompanySettingscmdlet.
C. From the Microsoft Azure Active Directory admin center, assign a Power BI (free) license to each user.
D. From the Power BI Admin portal, modify the Tenant settings.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
You need to run the following cmdlet: Set-MsolCompanySettings -AllowAdHocSubscriptions $true
|
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