ISQI CDFL Q&A - in .pdf

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NEW QUESTION: 1
On January 2, 2002, Heather Ltd. signed a ten-year noncancelable lease for a passenger ferry. The lease stipulated annual payments of $70,000 starting at the end of the first year, with title passing to
Heather at the expiration of the lease. Heather treated this transaction as a capital lease.
The ferry has an estimated useful life of 15 years, with no residual value. Heather uses straight-line amortization for all of its capital assets. Aggregate lease payments were determined to have a present value of $420,000, based on implicit interest of 10%.
In its 2002 income statement, what amount of amortization expense should Heather report from this lease transaction?
A. $28,000.
B. $42,000.
C. $46,667.
Answer: A
Explanation:
The amortization expense would be the present value of the lease divided by the estimated useful life.$420,000 / 15 = $28,000.

NEW QUESTION: 2
Which three are important guidelines for the DB system OS updates?
A. Must stop the clusterware in both nodes on 2-node RAC DB system.
B. Install NetworkManager on the DB system.
C. Configure DB System's VCN to allow access to the YUM repository.
D. Do not remove the packages from the DB system.
E. Backup the database prior to OS upgrade.
Answer: C,D,E
Explanation:
Explanation
https://docs.cloud.oracle.com/en-us/iaas/Content/Database/Tasks/updatingDB.htm OS UpdatesBefore you update the OS, review the following important guidelines and information:
* Back up your DB system's databases prior to attempting an OS update.
* Do not remove packages from a DB system. However, you might have to remove custom RPMs (packages that were installed after the system was provisioned) for the update to complete successfully.
Warning
Do not install NetworkManager on the DB system. Installing this package and rebooting the system results in severe loss of access to the system.
* Oracle recommends that you test any updates thoroughly before updating a production system.
* The image used to launch a DB system is updated regularly with the necessary patches. After you launch a DB system, you are responsible for applying the required OS security updates published
* through the Oracle public YUM server.
* To apply OS updates, the DB system's VCN must be configured to allow access to the YUM repository.
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