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NEW QUESTION: 1
Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two.)
A. You must run the prepare Intercompany Reconciliation Reporting Information process.
B. The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.
C. You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.
D. The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
E. The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
Answer: B
Explanation:
A (not C): The Reconciliation Period Summary report displays the intercompany receivables and intercompany payables balances in summary for a period, and any differences between them.
D:Ledger balancing lines generated when the primary balancing segmentvalue is in balance but either the second balancing segment or the third balancing segment is out of balance
NEW QUESTION: 2
Norine Benson is studying for the Level 1 CFA examination and is having difficulty with the broader concepts of capital budgeting. Her study partner, Henri Manz, tests her understanding by asking her to identify which of the following statements is TRUE?
A. Replacement decisions involve mutually exclusive projects.
B. If the change in current liabilities is greater than the change in current assets, it means that additional financing was needed and there is a cash outflow.
C. An analyst can ignore inflation since price level expectations are built into the weighted average cost of capital (WACC).
D. For mutually exclusive projects, the decision rule is to pick the project that has the highest net present value (NPV).
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Because replacement decisions involve either keeping the old asset or replacing the old asset, the projects are mutually exclusive.
The decision rule for NPV is to pick the project with the highest positive NPV. Only projects with positive NPV add to the company's value. If a neither project has a positive NPV, neither project should be chosen.
The statement about net working capital (NWC) is stated in the reverse of how we usually think of it:ꢀin NWC =ꢀCurrent Assets -ꢀCurrent Liabilities. Here, the change in current liabilities exceeds the change in current assets and the result is negative, meaning the project frees up cash, creating a cash inflow.
Because the WACC is adjusted for inflation, the analyst must adjust project cash flows upward to reflect inflation. If the cash flows are not adjusted for inflation, the NPV will be biased downward. (Reverse the preceding logic for deflation.)
NEW QUESTION: 3
When using 802.3af inline power, what is the default power wattage that the Catalyst switch provides to an IP phone?
A. 0 watts
B. 7 watts
C. 15.4 watts
D. 4 watts
Answer: C
Explanation:
Explanation/Reference:
Power classification defines these five classes
* 0 (default): 15.4 W reserved
* 1:4 V
* 2:7 W
* 3: 15.4 W
* 4: Reserved for future expansion
NEW QUESTION: 4
Choose two scenarios that you configure using procedural processing. (Choose Two)
A. A purchase order request page with a summary of items. The order total price updates after the customer changes a quantity.
B. A prescription order page with a list of available prescriptions sent from the customer's health care provider. When the user opts to fill one or more prescriptions, the cost summary updates.
C. A flight booking page where customers can adjust the location and date of the departure and return flights. The ticket prices recalculate after the customer chooses the "recalculate price" option.
D. A restaurant reservation page in which the user chooses a reservation fen e and the system returns the number of available tables.
Answer: A,C