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NEW QUESTION: 1
When comparing FIFO with LIFO, which of these arguments is incorrect? (Assume rising prices.)
A. The dollar amount reported as ending inventory under FIFO more closely approximates the current cost of inventory
B. The dollar amount reported as cost of goods sold under FIFO more closely approximates current cost of goods sold
C. FIFO more closely follows the actual physical flow of many inventory items
A is correct because the FIFO method more closely follows the actual physical flow of most inventory items. B is incorrect because LIFO, not FIFO, reports the more recent, higher-priced goods as cost of goods sold. C is correct because ending inventory under FIFO is comprised of the newer, higher-priced goods, which is a closer approximation of current costs.
NEW QUESTION: 2
Simon had all his systems administrators implement hardware and software firewalls to ensure network security. They implemented IDS/IPS systems throughout the network to check for and stop any unauthorized traffic that may attempt to enter. Although Simon and his administrators believed they were secure, a hacker group was able to get into the network and modify files hosted on the company's website. After searching through the firewall and server logs, no one could find how the attackers were able to get in. He decides that the entire network needs to be monitored for critical and essential file changes. This monitoring tool alerts administrators when a critical file is altered. What tool could Simon and his administrators implement to accomplish this?
A. They could use Tripwire
B. They can implement Wireshark
C. Snort is the best tool for their situation
D. They need to use Nessus