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NEW QUESTION: 1
In December Year 1 catalogs were printed for use in a special promotion in January Year
2. The catalogs were delivered by the printer on December 13. Year 1 with an invoice for
US $70,000 attached. Payment was made in January Year 2. The US $70.000 should be reported as a deferred cost at the December 31. Year I. balance sheet date because of the:
A. Cost principle
B. Matching principle.
C. Revenue recognition principle.
D. Reliability principle.
Matching is the simultaneous or combined recognition of revenues and expenses resulting directly and jointly from the same transactions or other events. Expenses should be associated with the revenues that they help to create. Because the catalogs are still on hand at the balance sheet date, they will not contribute to an inflow of economic benefits until the next period. Hence, the cost should be deferred and matched with the revenues of the following period.
NEW QUESTION: 2
Box 1: is guaranteed to remain the same
OS disk type: Premium SSD
Premium SSD Managed Disks are high performance Solid State Drive (SSD) based Storage designed to support I/O intensive workloads with significantly high throughput and low latency. With Premium SSD Managed Disks, you can provision a persistent disk and configure its size and performance characteristics.
Box 2: secure enclaves
Virtual machine size: Standard_DC2s
DC-series virtual machines are a new family of VMs to protect the confidentiality and integrity of your data and code while it's processed in Azure through the use of secure enclaves.
Not dm-crypt: Azure Disk Encryption helps protect and safeguard your data to meet your organizational security and compliance commitments. It uses the BitLocker feature of Windows and the DM-Crypt feature of Linux to provide volume encryption for the OS and data disks of Azure virtual machines (VMs).
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