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NEW QUESTION: 1
A 3-month (91-day) UK Treasury bill with a face value of GBP 50,000,000.00 is quoted at a yield of 4.25%. How much is the bill worth?
A. GBP 49,470,205.48
B. GBP 49,475,760.27
C. GBP 49,462,847.22
D. GBP 47,875,000.00
Answer: B

NEW QUESTION: 2
The GL user entered a taxable journal and posted it. Later, the user realized that the tax code entered was wrong. What must the user do?
A. Enter another journal with the difference in the tax amount.
B. Reverse and reenter the journal.
C. Modify the tax code at the line level.
D. Delete the journal and reenter it.
E. Unpost the journal and reenter it.
Answer: B

NEW QUESTION: 3

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

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