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NEW QUESTION: 1
You are implementing fixed assets for your company. Your company buys a machine for
100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the machine is not only fully depreciated, but the company is eliminating the machine without receiving any payment in return.
What are two available methods to eliminate a fixed asset? Each correct answer presents a complete solution.
A. Disposal scrap
B. Provision for reserve
C. Disposal sale
D. Revaluation
Answer: A,C

NEW QUESTION: 2
XYZ Corporation has five segments in its accounting flexfield. For a special profit-and-loss report, they want to sort by the fourth segment, which is "product." Select the element that would meet this need.
A. row order
B. row set
C. content set
D. column set
Answer: A

NEW QUESTION: 3
You need to store a large volume of data. The data needs to be readily accessible for a short period, but then needs to be archived indefinitely after that. What is a cost-effective solution?
A. Storeyour data in Amazon S3, and use lifecycle policies to archive to Amazon Glacier
B. Storeall the data in S3 so that it can be more cost effective
C. Storeyour data in Amazon S3, and use lifecycle policies to archive toS3-lnfrequently Access
D. Storeyour data in an EBS volume, and use lifecycle policies to archive to AmazonGlacier.
Answer: A
Explanation:
Explanation
The AWS documentation mentions the following on Lifecycle policies
Lifecycle configuration enables you to specify the lifecycle management of objects in a bucket. The configuration is a set of one or more rules, where each rule defines an action for Amazon S3 to apply to a group of objects. These actions can be classified as follows:
Transition actions - In which you define when objects transition to another storage class. For example, you may choose to transition objects to the STANDARDJ A (IA, for infrequent access) storage class 30 days after creation, or archive objects to the GLACIER storage class one year after creation.
Expiration actions - In which you specify when the objects expire. Then Amazon S3 deletes the expired objects on your behalf. For more information on S3 Lifecycle policies, please visit the below URL
* http://docs.aws.a
mazon.com/AmazonS3/latest/dev/object-lifecycle-mgmt.html

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