400-007 Practice Questions

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NEW QUESTION: 1
XYZ operates in Country A where tax rules state that entertaining costs and donations to political parties are disallowable for tax purposes.
XYZ calculated both its accounting and taxable profits for the year ended 31 December 20X2 after deducting $10,000 of entertaining costs.
It is considering what impact the ruling that "entertaining costs are disallowable for tax purposes" will have on its two profit figures.
Which of the following correctly states the impact of the ruling on the profits already calculated?
A. Accounting profit will decrease by $10,000 and taxable profit will increase by $10,000.
B. Both accounting and taxable profits will decrease by $10,000.
C. Accounting profit will not be affected but taxable profit will increase by $10,000.
D. Both accounting and taxable profits will increase by $10,000.
Answer: C

NEW QUESTION: 2
Which command will show the MAC addresses of stations connected to switch ports?
A. show switchport
B. show arp
C. show table
D. show mac-address
Answer: D

NEW QUESTION: 3
Which of the following are non-monetary rewards that a company can provide to its employees?
Each correct answer represents a complete solution. Choose all that apply.
A. Recognition
B. Opportunity to learn
C. Flexible hours
D. Cash compensation
Answer: A,B,C
Explanation:
Explanation/Reference:
Answer options D, C, and A are correct.
The following are the non-monetary rewards that a company can provide to its employees:
Opportunity to learn

Flexible hours

Recognition

Employees need to learn and develop new skills in order to advance. Hence, opportunity to learn is a non- monetary reward.
Employees need time for their family, friends, and other activities. A felxible schedule or the occasional off can help employees to meet some of these obligations. Permiting some felxibility in an employee schedule increases their motivation.
Answer option B is incorrect. Cash compensation is a monetary reward for employment.
Reference: "http://www.catalogs.com/info/b2b/non-monetary-rewards-in-the-workplace.html" Chapter: Compensation and Benefits
Objective: Total Rewards Defined