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NEW QUESTION: 1
Mr B Beard started making regular investments in a mutual fund with the goal of financing a five-year circumnavigation on his 40-foot sailboat, "Pirate's Lady." He is getting ready to depart and wants to set up an automatic withdrawal plan such that the money he has invested will see him through his circumnavigation, with nothing remaining in the account at the end.
Which of the systematic withdrawal plans will best fit his needs?
A. fixed-percentage plan
B. fixed-share plan
C. fixed-time plan
D. fixed-dollar plan
Answer: C
Explanation:
Explanation/Reference:
Explanation: Since Mr. Beard wants an automatic withdrawal plan such that the money will last through his circumnavigation, with nothing remaining at the end, he should elect to use the fixed -time plan. Under this plan, the fund determines how much it will redeem each period over the five years such that the account is depleted at the end of that time period. There is no way of knowing exactly how long Mr. Beard's money will last under the other three types of plans; it could be greater than or less than 5 years--or exactly 5 years for that matter.

NEW QUESTION: 2
A company decides to more servers from on-premise to cloud A system administrator perform a backup, restore, and bridge the server online. When users open the app on the hub, they get an error message indicating the app could not be found.
The system administrator confirms that apps are present in the required location and NO changes have been made.
What could be causing this issue?
A. The security rules were broken when the servers were migrated
B. Shared persistence path is NOT reachable
C. The app has been moved from one stream to another
D. Synchronized persistence is in place
Answer: A

NEW QUESTION: 3
Which of the following statements are correct?
I. A company's choice of accounting principles for financial reporting purposes does not affect net cash flow for the accounting period.
II. A company's choice of accounting principles for financial reporting purposes does not affect operating cash flow.
III. If a company sells its receivables this will increase operating cash flow.
IV. If a company sells its receivables this will increase financing cash flow.
A. I, II and III
B. II and IV
C. I and III
D. I and IV
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The choice of accounting principles affects only the classification and not the net cash flow, and reducing receivables in considered an increase in operating cash flow.

NEW QUESTION: 4
Match the term to the correct definition.
Instructions: To answer, drag the appropriate term from the column on the left to its description on the right. Each term may be used once, more than once, or not at all.
NOTE: Each correct match is worth one point.

Answer:
Explanation:


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