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NEW QUESTION: 1
A company generates revenue at period end, but bills monthly in advance. The customer is invoiced in April with project starting in May and the first project is due to be recognized at the end of May. What are the accounting entries at the end of May?
A. Debit: ReceivableCredit: Unearned Revenue
B. Debit: Cost of Goods SoldCredit: Unbilled Receivables
C. Debit: Unearned RevenueCredit: Revenue
D. Debit: ReceivableCredit:Bank
E. Debit: BankCredit: Revenue
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Invoice
When you run the program to interface invoices to Oracle Receivables, Oracle Projects runs AutoAccounting to determine the appropriate default accounts. If the invoice fails AutoAccounting, then the program marks the draft invoice with an error. See: Overview of AutoAccounting, Oracle Projects Implementation Guide.
The following table shows entries Oracle Projects creates when the Interface Invoices to Oracle Receivables process is run:
AccountDebitCredit
Receivables200.00
Unbilled Receivables and/or Unearned Revenue200.00
References:

NEW QUESTION: 2
A company has these requirements for access to their wireless and wired corporate LANs using 802.1x:
- Client devices that are corporate assets and have been joined to the Active Directory domain are allowed access.
- Personal devices must not be allowed access.
- Clients and access servers must be mutually authenticated.
Which solution meets these requirements?
A. Extensible Authentication Protocol-Transport Layer Security with user authentication
B. Extensible Authentication Protocol-Transport Layer Security with machine authentication
C. Protected Extensible Authentication Protocol/Microsoft Challenge Handshake Authentication Protocol Version 2 with machine authentication
D. Protected Extensible Authentication Protocol/Microsoft Challenge Handshake Authentication Protocol Version 2 with user authentication
Answer: B
Explanation:
Explanation/Reference:
Explanation:
38


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