How Many Peers in the Network Need to Endorse a Transaction

question 147

Multiple Choice

How many peers in the network need to endorse a transaction in a Hyperledger Fabric blockchain?

• A) The number of peers required to endorse a transaction is driven by the IAM policy that is specified by the ledger.
• B) The number of peers required to endorse a transaction is driven by the endorsement policy that is specified by the DApps.
• C) The number of peers required to endorse a transaction is driven by the endorsement policy that is specified by the ledger.
• D) The number of peers required to endorse a transaction is driven by the endorsement policy that is specified at chaincode deployment time.

Recognize the accounting implications of equity and debt securities and their distinctions.

Familiarize with the journal entries associated with buying, holding, and selling investments.

Understand the implications of controlling influence and the method of consolidation.

Identify the definitions and distinctions between trading, available-for-sale, and held-to-maturity securities.

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Definitions:

Perpetual Inventory System

A financial recording approach that instantly logs inventory transactions upon sale or purchase using electronic point-of-sale systems and enterprise resource planning software.

LIFO

Last In, First Out, an inventory valuation method that assumes the goods most recently made or purchased are the first to be sold.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and then subtracting the cost of goods sold.

LIFO Perpetual Cost Flow

A method of inventory valuation where the last items added to inventory are the first ones considered sold under a perpetual inventory tracking system.