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NEW QUESTION: 1
Which of the following conditions would allow a firm to classify a short-term liability as a long-term debt?
I. The firm has issued a long-term note with the stated purpose of extinguishing the short-term debt when it matures. The note is cancelable if there are violations of certain operating provisions.
II. The firm has entered into a binding agreement with a bank to refinance the short-term debt with a long- term liability.
III. The firm has announced that it will continue to refinance the debt with available credit for the next 2 years.
A. II only
B. I & III
C. II & III
D. III only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If these agreements have any provisions for cancellation which are either ambiguous or which have a good probability of being violated, then the short-term debt cannot be classified as a long-term debt. That's why (I) is not a valid choice. (III) is not acceptable since there is no demonstration of credible intent or ability to be able to refinance the debt.

NEW QUESTION: 2
To uniquely define server instances in the Cisco UCS system, what do you configure?
A. vNIC template
B. UUID resource pool
C. vMotion
D. service profile
Answer: D

NEW QUESTION: 3
A finance officer has submitted a request for a new wireless access point. The technician has set up the physical equipment and powered it on, but the router will not recognize it.
Which of the following should the technician do to correct the problem?
A. Perform RPM updates
B. Run Windows updates
C. Install firmware updates
D. Use apt-get for updates
Answer: C