Nokia 4A0-210 Q&A - in .pdf

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NEW QUESTION: 1
Which of the following statements describes the wireless topology?
A. Each node acts as a transmitter and receiver.
B. Token passing is used to put data on the network.
C. CSMA/CD is used to put data on the network.
D. A node can act as either a transmitter or a receiver.
Answer: A

NEW QUESTION: 2
A company began work on a long-term construction contract in Year 1. The contract price was US $3,000,000. Year-end information related to the contract is as follows

If the company uses the percentage-of-completion method of accounting for this contract, the profit to be recognized in Year 1 is:
A. US $(100,000)
B. US $(350,000)
C. US $(100,000)
D. US $(200,000)
Answer: B
Explanation:
When the outcome of a contract can be reasonably estimated, the percentage-ofcompletion method for estimated recognizes revenue based on the stage of completion of the contract. One typical method for estimating the stage of completion is the calculation of ratio of the contract costs incurred to date to the estimated total cost. The percentage-ofcompletion at year-end on the cost-to-cost basis is 35%US $7150,1509. The profit for Year 1 is the anticipated profit on the contract times the completion percentage. Thus, profit for Year 1 is US $350,000 [($3,000,000 - $2,000,000) x 35%].

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