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NEW QUESTION: 1
How should the effect of a change in accounting principle that is inseparable from the effect of a change in
accounting estimate be reported?
A. As a correction of an error.
B. As a component of income from continuing operations.
C. By footnote disclosure only.
D. By restating the financial statements of all prior periods presented.
Answer: B
Explanation:
Choice "a" is correct. When the effect of a change in accounting principle is inseparable from the effect of
a change in accounting estimate, the reporting treatment for the overall effect is as a change in estimate.
Thus, the effect is reported prospectively as a component of income from continuing operations. Under
SFAS No. 154, this type of change is now called a change in accounting estimate affected by a change in
accounting principle. Choice "b" is incorrect. Restatement of all prior periods is the retroactive accounting
treatment that is applied to the correction of an error and the retrospective accounting treatment given to
changes in accounting principle. However, a change in accounting principle that is inseparable from the
effect of a change in accounting estimate is now treated as a change in accounting estimate. Choice "c" is
incorrect. Correction of an error is given retroactive treatment as a prior period adjustment to retained
earnings with restatement of prior periods. This is not the treatment appropriate for the effect of a change
in accounting principle that is inseparable from the effect of a change in accounting estimate. Choice "d"
is incorrect. While footnote disclosure is always appropriate for an accounting change, such disclosure
alone is never the appropriate accounting treatment.

NEW QUESTION: 2

A. Option B
B. Option E
C. Option D
D. Option A
E. Option C
Answer: B,E

NEW QUESTION: 3
You have a Microsoft 365 subscription that uses an Azure Directory (Azure AD) tenant named Contoso.com.
The tenant contains the users shown in the following table.

You add another user named user5 to the User administrator role.
You need to identify which management tasks User5 can perform.
Which two tasks should you identify? Each correct answer presents a complete solution.
A. Reset the password of User2 and User4 only.
B. Delete User1, User2, and User4 only.
C. Reset the password of User4 only.
D. Delete User2 and User4 only.
E. Reset the password of any user in Azure AD.
F. Delete any user in Azure AD.
Answer: A,D
Explanation:
Explanation
Users with the User Administrator role can create users and manage all aspects of users with some restrictions (see below).
Only on users who are non-admins or in any of the following limited admin roles:
* Directory Readers
* Guest Inviter
* Helpdesk Administrator
* Message Center Reader
* Reports Reader
* User Administrator
Reference:
https://docs.microsoft.com/en-us/azure/active-directory/users-groups-roles/directory-assign-admin-roles#availab

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