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NEW QUESTION: 1
Which statement is correct about the differences between the functionalities of parent accounts and summary accounts?
A. Summary accounts cannot be used in budget formulas, whereas parent accounts can be used in budget formulas.
B. Summary account balances can be viewed in the Account Inquiry form, whereas parent account balances cannot be viewed in that form.
C. Summary accounts slow down the generation of Financial Statement Generators, whereas parent accounts help generate quicker results.
D. Summary accounts use the summing segment type forMassAllocations, whereas parent accounts use the looping segment type.
E. Summary accounts speed up the posting process, whereas parent accounts require additional time for the Posting process.
Answer: B

NEW QUESTION: 2
The management of Strings & All, Inc., a small, highly leveraged, electric guitar manufacturer, wants to reduce the company's degree of total leverage (DTL) to 2.0. Currently, the company's expected operating performance is as follows:
To obtain a DTL of 2.0, management must (all else constant):
A. reduce variable expenses by 30%.
B. reduce variable expenses by 38.5%.
C. increase variable expenses by 38.5%.
D. increase variable expenses by 30%.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To obtain this result, we need to calculate the current variable costs, determine the variable costs that will result in a DTL ratio of 2.00, and calculate the percentage change.
Step 1: Calculate current variable costs (VC): VC = 0.6 * 500,000 = 300,000 Step 2: Calculate Variable costs needed to decrease the DTL to 2.0:
Rearranging the formula for DTL:
= (Sales - Variable Costs) / (Sales - Variable Costs - Fixed Costs - Interest Expense) results in: Variable Costs (VC) = Sales - (2 * Fixed Costs) - (2 * Interest Expense)
= 500,000 - (2*120,000) - (2*25,000) = 210,000
Step 3: Calculate percentage change:
VC = (300,000 - 210,000) / 300,000 = 0.30, or 30%.


NEW QUESTION: 3
You are tasked with designing a new branch office that will support 75 users with possible expansion in the
future and will need a highly available network. Which of the branch design profiles should be
implemented?
A. small branch design
B. large branch design
C. medium branch design
D. teleworker design
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Medium Branch Design
The medium branch design is recommended for branch offices of 50 to 100 users, which is similar to the
small branch but with an additional access router in the WAN edge (slightly larger) allowing for redundancy
services. Typically, two 2921 or 2951 routers are used to support the WAN, and separate access switches
are used to provide LAN connectivity.

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