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RAC Is a Typical "Multi-Instance, Single-Database" Architecture That Is Shared

question 95

Multiple Choice

RAC is a typical "multi-instance, single-database" architecture that is shared by all nodes, accessed in parallel, including database data files, control files, parameter files, online reorganization log files, and even archived log files are placed on shared storage and guaranteed to be simultaneously accessible by all nodes

Understand and explain the concept of contingent liabilities and how they are reported in financial statements.

Identify the differences between employer payroll taxes and employee payroll taxes.

Calculate and record estimated warranty expenses and related liabilities.

Understand the accounting treatment for advance payments such as unearned ticket revenue.

Definitions:

Expected Residual Value

The anticipated value of an asset at the end of its useful life, important in calculating depreciation and lease payments.

Lease Rate

The amount of money paid over a specified time period for the use of an asset or property, typically expressed as an annual amount or percentage.

Operating Leases

Provides for both financing and maintenance. Generally, the operating lease contract is written for a period considerably shorter than the expected life of the leased equipment and contains a cancellation clause; sometimes called a service lease.

Maintenance

Maintenance involves the actions taken to keep equipment, buildings, or software operating efficiently or to repair it to optimal functioning state.