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NEW QUESTION: 1
An entity had cash receipts from sales of US $175,000 during year 2, of which US
$30,000 was unearned at the end of Year 2. At the end of Year 1, the company had US $40,000 of deferred revenue, all of which was earned in Year 2. The company's sales revenue for Year 2 would be:
A. US $185,000
B. US $165,000
C. US $145,000
D. US $175,000
Answer: A
Explanation:
The sales revenue earned in Year 2 equals Year 2 cash receipts, minus any receipts in Year 2 for which the revenue was deferred, plus the revenue earned from cash receipts in Year 1. or US $185,000$175,000 - $30,000 $40,000).
NEW QUESTION: 2
You have configured a compensation plan to include ratings from the performance management system.
For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation.
What happens in this case? (Choose the best answer.)
A. The rating will be available in the Performance document in the performance system.
B. The rating will be available to all plans that are currently active.
C. The rating will be available to only the plan where it is updated.
D. The rating will be available to only the plans where the same manager is involved.
Answer: A
NEW QUESTION: 3
Which items belong to the full stack cloud definition range:
A. Full stack resource management
B. Full stack architecture evolution
C. Full stack service capability
D. Full stack service bearer
Answer: A,B,C,D
NEW QUESTION: 4
What is the purpose of a budget planning stage?
A. To link the budget plan workflows to the budget plan scenarios
B. To identify the quantities or amounts that are included in a budget plan
C. To identify the steps that a budget plan goes through
D. To identify categories and objectives for a budget plan
Answer: B
Explanation:
Budget plans are documents that are used to develop estimates for amounts and units in budget plan scenarios for
the responsibility centers in the budget organization.
Reference: About budget plans [AX 2012]
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