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NEW QUESTION: 1
A. anonymous
B. In the described configuration, any username which neither belongs to an existing user nor has another special meaning is treated as anonymous user.
C. guest
D. ftp
E. nobody
Answer: A,D
NEW QUESTION: 2
Which two of the following options are layers of the TCP/IP model? (Choose two.)
A. presentation
B. transport
C. internet
D. session
E. data link
Answer: B,C
NEW QUESTION: 3
Assume the correct current ratio is bigger than 1. If purchase (on account) is overstated by $3,000 and the ending inventory is overstated by $3,000, the current ratio is ______ and the working capital is
_ _____.
A. overstated, not affected.
B. understated, not affected.
C. not affected, overstated.
Answer: B
Explanation:
EI = BI + purchase - COGS. If both purchase on account and ending inventory are overstated by the same amount, the current ratio will be understated (current ratio = current assets / current liabilities, in which both numerator and the denominator are overstated, but the ratio will belowered since it is bigger than 1). However, the working capital which equals current assets - current liability should be unaffected.