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NEW QUESTION: 1
-- Exhibit- -- Exhibit -
In 1493, Pope Alexander VI settled land disputes between Spain and Portugal by creating the Line of Demarcation on the map of the world.
How did this land settlement affect Spain?
A. stopped competing with England for power and wealth
B. gained a monopoly of the spice trade with India
C. gained control of exploration in North America
D. lost its right to explore and trade in South America
E. took over the ivory trade with African kingdoms
Answer: C
NEW QUESTION: 2
Davis, CPA, believes there is substantial doubt about the ability of Hill Co. to continue as a going concern
for a reasonable period of time. In evaluating Hill's plans for dealing with the adverse effects of future
conditions and events, Davis most likely would consider, as a mitigating factor, Hill's plans to:
A. Negotiate reductions in required dividends being paid on preferred stock.
B. Accumulate treasury stock at prices favorable to Hill's historic price range.
C. Accelerate research and development projects related to future products.
D. Purchase equipment and production facilities currently being leased.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Negotiating reductions in required dividends would conserve cash, which would be a
mitigating factor in Davis' concerns about Hill's ability to continue as a going concern.
Choice "A" is incorrect. Accelerating R&D projects would use cash and impair the company's ability to
continue as a going concern.
Choice "B" is incorrect. Accumulating treasury stock would consume cash and aggravate the situation.
Choice "C" is incorrect. Purchasing equipment that is currently leased would use cash and impair the
company further.
NEW QUESTION: 3
What combination of simultaneous backups and recoveries is supported when using an advanced file type device in EMC NetWorker?
A. Only one backup and one recovery
B. Only one backup and multiple recoveries
C. Multiple backups and multiple recoveries
D. Multiple backups and only one recovery
Answer: C