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NEW QUESTION: 1
Details of changes in accounting principles for depreciation are found
A. on the balance sheet.
B. in the notes to the financial statements.
C. on the income statement.
Answer: B
Explanation:
The balance sheet accounts are not affected by cumulative effects of accounting changes for depreciation. The balances in the asset and related accumulated depreciation accounts are not affected by the change. Only the amount of the cumulative effect (net of taxes) is found on the income statement. Details are found in the notes to the financial statements.
NEW QUESTION: 2
The client accepts the critical design review.
Which of the following meetings should be held to move to the NEXT step in the project?
A. Closure
B. Kickoff
C. Planning
D. Execution
Answer: B
Explanation:
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 112
NEW QUESTION: 3
Which of the following are basic architectural components of an information solution design? (Choose 2)
A. Business architecture
B. Data architecture
C. Reporting architecture
D. Life cycle architecture
Answer: A,B
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