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B3A Braindumps VCE
  • Exam Code: B3A
  • Exam Name: Health and Welfare Plans - Strategic Planning and Design

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NEW QUESTION: 1
On January 1, a business exchanged a plant asset with a book value of $1,500 for a similar asset that had a price of $23,000. The business received a trade-in allowance of $2,100 on the old plant asset.
The income-tax method was used to record this trade. What was the result of the exchange?
A. A cost basis of $22,400 for the new plant asset.
B. A $600 recognized gain on the exchange of the plant asset.
C. A credit to cash for $21,900.
Answer: A
Explanation:
The trade-in is $600 more than the book value of the asset. Under the income tax method the gain is unrecognized, but reduces the basis of the newly acquired asset (by the $600 gain) to $22,400.

NEW QUESTION: 2
In Cisco ACI, which option is the unified point of automation , management ,monitoring and programmble?
A. APIC
B. Postman
C. REST
D. Python
Answer: A

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