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NEW QUESTION: 1
On July 1st, a company paid $12,000 for an annual insurance policy covering the month of July through the following June. Which of the following statements reflects how this payment would be recorded on July 1st under the accrual method?
A. Insurance expense would be debited for $12,000, and cash would be credited for $12,000.
B. Prepaid insurance would be debited for $12,000, and accrued insurance would be credited for $12,000.
C. Cash would be debited for $12,000, and accrued insurance would be credited for $12,000.
D. Prepaid insurance would be debited for $12,000, and cash would be credited for $12,000.
Answer: D

NEW QUESTION: 2
Which of the following would be examined by a major problem review?
1.Things that were done correctly
2.Things that were done incorrectly
3.How to prevent recurrence
4.What could be done better in the future
A. 1 only
B. All of the above
C. 2 and 3 only
D. 1, 2 and 4 only
Answer: B

NEW QUESTION: 3
Refer to the exhibit. What is the effect of this configuration?

A. The firewall will inspect all IP traffic except traffic to 192.168.1.0 and 192.168.2.0.
B. The firewall will inspect traffic only if it is defined within a standard ACL.
C. The firewall will inspect IP traffic only between networks 192.168.1.0 and 192.168.2.0.
D. The firewall will inspect all IP traffic.
Answer: C