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Exam Code: ACP-120
Exam Name: Jira Cloud Administrator
Vendor: ATLASSIAN

60 Questions & Answers
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NEW QUESTION: 1
Which four options describe I/O Accelerator? (Choose four.)
A. provides load balancing
B. is topology dependent
C. provides high availability and resiliency
D. Each IOA engine provides 1-Gbps application throughput.
E. uses TCP
F. is transport agnostic
G. provides unified acceleration service
H. does not support multiple paths and PortChannels
Answer: A,C,F,G

NEW QUESTION: 2
Gown, Inc. sold a warehouse and used the proceeds to acquire a new warehouse. The excess of the
proceeds over the carrying amount of the warehouse sold should be reported as a(an):
A. Part of continuing operations.
B. Reduction of the cost of the new warehouse.
C. Gain from discontinued operations, net of income taxes.
D. Extraordinary gain, net of income taxes.
Answer: A
Explanation:
Choice "b" is correct. Part of continuing operations.
Rule: When a fixed asset is sold, gain or loss is recognized as part of income from continuing operations.
The amount of the gain or loss is equal to the difference between the proceeds from the sale and the
carrying amount (FMV) of the fixed asset sold.
Choice "a" is incorrect. The gain is not extraordinary and is shown gross - not net of tax.
Choice "c" is incorrect. The gain is part of continuing operations - not discontinued operations.
Choice "d" is incorrect. The gain is not reported as a reduction of the cost of the new warehouse.

NEW QUESTION: 3

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


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