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NEW QUESTION: 1
An entity that sprays chemicals in residences to eliminate or prevent infestation of insects requires that customers prepay for 3 months' service at the beginning of each new quarter. Select the term that appropriately describes this situation from the viewpoint of the entity.
A. Accrued income.
B. Earned income.
C. Deferred income.
D. Prepaid expense.
Answer: C
Explanation:
The prepayment does not meet the income recognition criteria the future inflow of economic benefits is not sufficiently certain given that the entity has not done what is required to be entitled to those benefits. Thus, the amount received in advance is considered a liability deferred income) because it represents an obligation to perform a service in the future an outflow of economic benefits) arising from a past transaction.

NEW QUESTION: 2
Refer to the confusion matrix:

Calculate the accuracy and error rate (0 - negative outcome, 1 - positive outcome)
A. Accuracy = 58/102, Error Rate = 23/48
B. Accuracy = 25/150, Error Rate = 44/150
C. Accuracy = 83/150, Error Rate = 67/150
D. Accuracy = 83/102, Error Rate = 67/102
Answer: A

NEW QUESTION: 3
Examine the following commands for redefining a table with Virtual Private Database (VPD) policies:

Which two statements are true about redefining the table?
A. The primary key constraint on the EMPLOYEES table is disabled during redefinition.
B. All the triggers for the table are disabled without changing any of the column names or column types in the table.
C. VPD policies are copied from the original table to the new table during online redefinition.
D. You must copy the VPD policies manually from the original table to the new table during online redefinition.
Answer: B,C
Explanation:
The triggers cloned to the interim table are disabled until the redefinition is completed.
Once the redefinition is complete, all cloned objects are renamed to the original names used by they objects they were cloned from.
http://www.oracle-base.com/articles/10g/online-table-redefinition-enhancements-10gr1.php
http://docs.oracle.com/cd/E16655_01/server.121/e17636/tables.htm#ADMIN13879