Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?
Correct Answer
Capital expenditures are capitalized because of the timing of their estimated benefits ? the lemonade stand will benefit the firm for many years The employees? work, on the other hand, benefits the period in which the wages are generated only and should be expensed then This is what differentiates an asset from an expense
Correct Answer: Complete database recovery from disk failure is possible only in ARCHIVELOG mode Online database backup is possible only in ARCHIVELOG mode
6. Which of the following are incorrect form of StringBuffer class constructor ?
Correct Answer: There are many ways to find second highest salary of Employee in SQL, you can either use SQL Join or Subquery to solve this problem Here is SQL query using Subquery : SELECT MAX(Salary) from Employee WHERE Salary NOT IN (select MAX(Salary) FROM Employee );