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Exam Code: CIMAPRA19-F03-1
Exam Name: F3 Financial Strategy
Vendor: CIMA

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NEW QUESTION: 1
Which two record types can have an asset as a child object?
A. Lead
B. Opportunity
C. Contact
D. Product
E. Account
Answer: C,E
Explanation:
A: When you want to track a product you've sold to a customer or company,
link the product record to the account as an asset.
To link a product record to an account as an asset
1 Select the account.
2 On the Account Detail page, scroll to the Assets section, and do one of the following:
*To create an asset, click New.
By default, the creator of the asset is the owner of the asset.
*To update asset information, click the Edit link next to the existing asset.
3 On the Asset Edit page, enter the required information.
C: Track the contact assets, see Tracking Assets (on page 162).
Note: This step is specific to Oracle CRM On Demand Financial Services Edition.
Reference: Oracle CRM On Demand Online Help, Tracking Assets

NEW QUESTION: 2

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

NEW QUESTION: 3
Intelligent Semiconductor, a diversified technology company, is evaluating the sales of its cadmium silicon transistor coils, and has identified the following information:
Fixed production costs for these transistors: $750,000
Average sales price per unit: $405.00
Variable cost per unit: $313.60
Which of the following best describes the breakeven quantity for this product?
A. 8,206 units
B. The breakeven quantity for this product cannot be determined from the information provided.
C. 1,044 units
D. 7,397 units
E. 5,397 units
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To calculate the breakeven quantity for a product, use the following equation: {Fixed operating costs/[avg.
sales price per unit - variable cost per unit]}. Incorporating the given information into this equation yields the following: {$750,000/[$405 - $313.60]}=8,206 units.


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