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NEW QUESTION: 1
For an upcoming sight-seeing visit to India, a U.S. resident recently purchased a hundred thousand
Indian Rupees. His action
A. created a credit balance in the U.S. BOP account.
B. created a deficit in the U.S. trade account.
C. created a debit balance in the U.S. BOP account.
Answer: C
Explanation:
This is a point of convention where much confusion exists. Before you answer it, you should remember two things: In International Finance, a country's reserve of foreign currency and foreign-produced goods is treated as an asset. In Accounting, by convention, increases in assets are recorded as "debit" entries and reductions are treated as "credit" entries.
In the above example, there is an inflow of Indian Rupees and is hence recorded as a debit to the U.S.
BOP account.
NEW QUESTION: 2
When upgrading Check Point products in a distributed environment, in which order should you upgrade these components?
1 GUI Client
2 Security Management Server
3 Security Gateway
A. 3, 2, 1
B. 1, 2, 3
C. 2, 3, 1
D. 3, 1, 2
Answer: C
NEW QUESTION: 3
Why is end-to-end technology monitoring coupled with the Run-time Service Model a valuable component of HP Software's IT Operations Management solution area?
A. enables more rapid testing and release of new application versions
B. enables more accurate configuration and change management processes
C. enhances business service quality by prioritizing events related to the business impact
D. enhances information management and reporting
Answer: C