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NEW QUESTION 37
The amount of the loss on the impairment of an intangible asset equals the

  • A. difference between the fair value and the expected future net cash flows
  • B. expected future net cash flows
  • C. difference between the carrying amount and the fair value
  • D. carrying amount and the expected future cash flows

Answer: C

 

NEW QUESTION 38
Which one of the following statements best defines data governance?

  • A. A framework used to oversee the availability, usability and integrity of data
  • B. The corporate records retention policy setting out the contents of the system data records
  • C. The company’s framework for supervising and managing the IT function
  • D. Procedures implemented by the board of directors to manage data.

Answer: C

 

NEW QUESTION 39
Sullivan Company’s static Budget for the past year is shown below.

Sullivan actually sow 11.000.000 units throughout the year which was a quantity within its relevant range. The flexible budget net income that should be used to compare to actual results is

  • A. $4,200,000.00
  • B. $6,580,000.00
  • C. $11,500,000.00
  • D. $7,500,000.00

Answer: B

 

NEW QUESTION 40
A fitness company produces workout video content and snares it online. The company has subscribers all over the world and its subscriber base has shown steady growth Management has approached a popular workout apparel company to discuss potential sponsorship opportunities. The goal is to impress the potential sponsor by showing the growth in total subscribers over the last 12 months. All of the following would be appropriate options for visualizing this data except a

  • A. pie chart
  • B. line graph
  • C. table
  • D. bar graph

Answer: A

 

NEW QUESTION 41
A plastics manufacturing company is analyzing business units using the BCG Growth-Share Matrix Business Unit A is a market leader with high market share in the plastic container market Unit A’s growth in the past three years has been limited due to high regulation and decreasing customer demand Customer satisfaction tor the unit is high Business Unit B is a relatively new business unit which entered the market two years ago with a new, innovative plastic organizer Unit B holds just 5% of the market share but growth has been high for this new product line Throughput time for this unit is lower than the company average with a high number of reworks each month. Which one of the following correctly identifies the BCG Growth-Share matrix for Business Unit A and Business Unit B. respectively?

  • A. Star cash cow
  • B. Cash cow, question mark
  • C. Star dog
  • D. Question mark, question mark-

Answer: A

 

NEW QUESTION 42
……

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