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NEW QUESTION: 1
What evidence is appropriate to determine that recorded purchase transactions were valid and at the best price?
A. Receiving reports, purchase orders, and purchase requisitions.
B. Purchase requisitions, purchase orders, and bid quotes.
C. Purchase orders, receiving reports, and bid quotes.
D. Purchase requisitions, journal voucher entries, and bid quotes.
Answer: C

NEW QUESTION: 2
The high cost of short-term financing has recently caused an entity to reevaluate the terms of credit it extends to its customers. The current policy is 1/10, net 60. If customers can borrow at the prime rate, at what prime rate must the entity change its terms of credit in order to avoid an undesirable extension in its collection of receivables?
A. 5%
B. 2%
C. 8%
D. 7%
Answer: C
Explanation:
Terms of 1/10, net 60 mean that a buyer can save 1% of the purchase price by paying 50 days early. In essence, not taking the discount results in the buyer's borrowing 99% of the in price for 50 days at a total interest charge of 1% of the invoice price. Because a year has 7.3 50-day per periods 365 50), the credit terms 1/10, net 60 yield an effective annualized interest charge of approximately 7.371 [(I% 99%) 7.3]. If the prime rate were higher than 7.37%, the buyer would prefer to borrow from the vendor i.e., not pay within the discount period) rather than from a bank. Consequently, an 8% prime rate could cause the vendor's receivables to increase. An entity sells 10,000 skateboards a year at US $66 each. All sales are on credit, with terms of 3/10. net 30, which means three percent discount if percent it is made within 10 days; otherwise full payment is due at the end of 30 days. One half of the customers are expected to take advantage of the discount and pay on day 10. The other half are expected to pay on day 30. Sales are ,, ict id to be uniform throughout the year for both types of customers.

NEW QUESTION: 3
次のうち、ステージフィールドについて説明しているものはどれですか。
A. 取引が実際にクローズされていることに関連してどこにあるかを識別します。
B. 金額が集計される予測の行を決定します。
C. 機会からの収益が実現するという数値予測
Answer: A

NEW QUESTION: 4
Which Power Systems software product provides virtualization management and integrates with other higher-level cloud managers based on OpenStack technology?
A. PowerSC
B. CAPI
C. PowerVC
D. Power Systems Solution Edition for Cloud
Answer: C