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NEW QUESTION: 1
You implement an intranet site by using Microsoft SharePoint Online. The site uses the default Team Site template. Users create 100 document libraries. Many of the document libraries did not inherit the permissions of the site. You need to provide a user named User with the ability to administer all of the document libraries in the intranet site. The solution must use the minimum amount of administrative effort. What should you do?
A. From the SharePoint Online administration center, add a User Profile Property named Administrator and set the property value to True for User.
B. Assign User the Full Control permission to each site.
C. From the site settings of the root site, add User to the Hierarchy Managers group.
D. From the SharePoint Online administration center, add User to the Site Collection Administrators group.
Answer: C
Explanation:
http://office.microsoft.com/en-us/sharepoint-server-help/give-users-access-to-a-sharepoint-siteHA010103222.aspx

NEW QUESTION: 2
Reclassification adjustments must be shown in the financial statement that discloses comprehensive
income:
A. To avoid including transactions with shareholders in items of comprehensive income.
B. To avoid double counting in comprehensive income items, which are currently displayed in net income.
C. To show what portion of comprehensive income is from the realization of current assets.
D. To show the tax effect of items of comprehensive income.
Answer: B
Explanation:
Choice "c" is correct. Reclassification entries may be necessary to avoid double counting an item
previously reported as comprehensive income (i.e., unrealized gain), which are now reported as part of
net income (i.e., realized gain). Choice "a" is incorrect. The classification of assets as current or
non-current has no bearing on reporting comprehensive income. Choice "b" is incorrect. All items of
comprehensive income must be shown net of the related tax effects, but it is not done with reclassification
adjustments. Choice "d" is incorrect. Transactions with shareholders such as paying dividends and
issuing capital stock are not included in comprehensive income, thus, reclassification adjustments are not
necessary to exclude them.

NEW QUESTION: 3

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

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