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NEW QUESTION: 1
What are the three available QoS scheduling algorithms available on Brocade NetIron and FastIron products? (Choose three.)
A. weighted round robin
B. first-in-first-out
C. deficit round robin
D. strict priority
E. hybrid
Answer: A,D,E
NEW QUESTION: 2
What is the disadvantage of using multiple reducers with the default HashPartitioner and distributing your
workload across you cluster?
A. You will longer be able to take advantage of a Combiner.
B. By using multiple reducers with the default HashPartitioner, output files may not be in globally sorted
order.
C. You will not be able to compress the intermediate data.
D. There are no concerns with this approach. It is always advisable to use multiple reduces.
Answer: B
NEW QUESTION: 3
In open market transactions, Gold Corp. simultaneously sold its long-term investment in Iron Corp. bonds
and purchased its own outstanding bonds. The broker remitted the net cash from the two transactions.
Gold's gain on the purchase of its own bonds exceeded its loss on the sale of the Iron bonds. Assume the
transaction to purchase its own outstanding bonds is unusual in nature and has occurred infrequently.
Gold should report the:
A. Effect of its own bond transaction as an extraordinary gain, and report the Iron bond transaction loss in
income before extraordinary items.
B. Net effect of the two transactions as an extraordinary gain.
C. Net effect of the two transactions in income before extraordinary items.
D. Effect of its own bond transaction gain in income before extraordinary items, and report the Iron bond
transaction as an extraordinary loss.
Answer: A
Explanation:
Choice "d" is correct, these are two separate transactions because Gold Corp. (1) sold Iron Corp. bonds
(an investment) for a loss, and, (2) bought back its own (Gold) Corp. bonds (a debt) for a gain. This is not
a "refinancing" (where one would sell new bond debt to buy back old bond debt outstanding).
The gain from the purchase of its own bonds is an "extraordinary gain" because it is both unusual in
nature and infrequently occurring (per APB Opinion No. 30 and SFAS No. 145). The Iron Corp.
transaction is a loss in "income before extraordinary items."
Choices "a" and "b" are incorrect. The two transactions are separate and cannot be netted.
Choice "c" is incorrect. Just the opposite. The sale of the investment is a loss in "income before
extraordinary items," while the purchase of its bond debt is an "extraordinary gain" according to the
provisions of APB Opinion No. 30.
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