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NEW QUESTION: 1
An entity had the following account balances at December 31 of Year 1:
All shares outstanding were issued in a prior period for US $15 per share. On January 5 of Year 21000 shares were purchased for the treasury for US $17 per share. These treasury shares were sold on February 6 of Year 2, for US $18 per share. The effect of the purchase and sale of the 1.000 treasury shares was to:
A. Increase equity by US $1.000.
B. Increase equity by US $2,000.
C. Increase equity by US $3.000.
D. Not change equity.
Answer: A
Explanation:
Using the cost method, the journal entry to record the purchase of the treasury shares is.
NEW QUESTION: 2
XYZ plc has relocated its head office to a new site which enjoys better road communications and is close to a training college that teaches the skills needed to work at XYZ plc. Why will XYZ's costs fall?
A. It will gain the benefits of financial economies of scale
B. It will gain the benefits of external economies of scale
C. It will gain the benefits of managerial economies of scale
D. It will gain the benefits of technical economies of scale
Answer: B
NEW QUESTION: 3
Which are four attributes of the Active vCenter HA node? (Choose four.)
A. It uses the vCenter HA network to communicate with the Witness node.
B. It provides a quorum to protect against split-brain situations.
C. It constantly replicates vPostgres data with the Witness node.
D. It uses a public IP address for the management interface.
E. It runs the active vCenter Server Appliance instance.
F. It uses the vCenter HA network for replication of data.
Answer: A,D,E,F
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