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NEW QUESTION: 1
A. Option A
B. Option C
C. Option D
D. Option B
Answer: A
NEW QUESTION: 2
On June 30, 1996, Union Inc. purchased goodwill for $125,000 when it acquired the net assets of Apex Corp. During 1996, Union incurred additional costs of developing goodwill by training Apex employees ($50,000) and hiring additional Apex employees ($25,000). Before amortization of goodwill, Union's December 31, 1996 balance sheet should report goodwill of ________.
A. $175,000
B. $200,000
C. $125,000
D. $75,000
E. $150,000
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Goodwill is recorded only when it is purchased. In this case, only $125,000 was purchased goodwill. The costs incurred to maintain, develop, or restore goodwill must be expensed. In this case, $75,000 will be expensed.
NEW QUESTION: 3
What are the characteristics of the Initiator groups on Symmetrix storage arrays running Enginuity 5876?
A. HBAs belongs to one group, Contains fibre WWNs or iSCSI names, can be cascaded more than one deep.
B. Contain up to 32 entries, an initiator may belong to many groups, can be cascaded one deep.
C. Contains fibre WWNs or iSCSI names, an initiator may belong to only one group, can be cascaded one deep.
D. Can be cascaded one deep, either fibre WWNs or iSCSI names, an HBA may belong to many groups.
Answer: C
