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NEW QUESTION: 1
A marketing manager is trying to decide which of four potential selling prices to charge for a new product. The state of the economy is uncertain and may show signs of recession, growth or boom. The manager has prepared a regret matrix showing the regret for each of the possible outcomes depending on the decision made.

If the manager applies the minimax regret criterion to make decisions, which selling price would be chosen?
A. $50
B. $40
C. $45
D. $55
Answer: C
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-5/

NEW QUESTION: 2
Goddard has used the FIFO method of inventory valuation since it began operations in 1987. Goddard decided to change to the weighted-average method for determining inventory costs at the beginning of 1990. The following schedule shows year-end inventory balances under the FIFO and weighted-average methods:

What amount, before income taxes, should be reported in the 1990 retained earnings statement as the cumulative effect of the change in accounting principle?
A. $2,000 increase.
B. $0.
C. $5,000 decrease.
D. $3,000 decrease.
Answer: C

NEW QUESTION: 3
Which two options are two characteristics of the HSRPv6 protocol? (Choose two.)
A. It uses UDP port number 2029.
B. It uses virtual MAC addresses 0005.73a0.0000 through 0005.73a0.ffff.
C. It uses UDP port number 2920.
D. It uses virtual MAC addresses 0005.73a0.0000 through 0005.73a0.0fff.
E. If a link local IPv6 address is used, it must have a prefix.
Answer: A,D
Explanation:
Explanation/Reference:
Explanation:
HSRP IPv6 Virtual MAC Address Range
HSRP IPv6 uses a different virtual MAC address block than does HSRP for IP:
0005.73A0.0000 through 0005.73A0.0FFF (4096 addresses)
HSRP IPv6 UDP Port Number
Port number 2029 has been assigned to HSRP IPv6.
Reference: http://www.cisco.com/c/en/us/td/docs/ios-xml/ios/ipapp_fhrp/configuration/15-sy/fhp- 15-sy- book/HSRP-for-IPv6.html