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NEW QUESTION: 1
A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
NEW QUESTION: 2
A development team has finished identifying the tasks they will be accountable for during the next sprint.Which of the following tools best provides transparency into the progress throughout the sprint?
A. Management baseline chart
B. Hours expended chart
C. Gantt chart
D. Burndown chart
Answer: D
NEW QUESTION: 3
The Policy Builder benefits include:
A. Doesn't require in depth web application knowledge
B. Only requires limited ASM knowledge
C. Very low administrative impact
D. All of the above
Answer: D
NEW QUESTION: 4
A company provides fertilization, insect control, and disease control services for a variety of trees, plants, and shrubs on contract basis. For US $50 per month, the company will visit the subscriber's premises and apply appropriate. If the subscriber has any problem between the regularity scheduled application dates, the company's personal will promptly make additional service calls to correct the situation. Some subscribers elect to pay for an entire year because the company offers an annual price of 115 $540 if paid in advance. For a subscriber who pays the annual fee in advance, the company should recognize the related revenue.
A. At the end of the contract year after all of the services have been performed.
B. At the end of the fiscal year.
C. Evenly over the year as the services are performed.
D. When the cash is collected.
Answer: C
Explanation:
Income, which includes revenue and gains, should not be recognized until an increase in future economic benefits related to an increase in an asset or a decrease in a liability is sufficiently certain and can be measure I reliably. I-he most common time at which these two conditions are met is when the product or merchandise is delivered services are rendered to customers. In the situation presented the performance of the service monthly spraying) is so significant to creating a sufficient certainty of an increase in future economic benefits that revenue should not be recognized until delivery occurs.