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NEW QUESTION: 1
Of the following, which one is NOT true concerning a contract?
A. It is a mutually binding legal relationship that obligates the seller to provide specific products, services, or results and obligates the buyer to pay the seller.
B. It includes a specific contract management plan.
C. It is a legal relationship subject to remedy in the courts.
D. It can take the form of a complex document or a simple purchase order.
Answer: B
Explanation:
A contract management plan is not part of a contract. It is used to identify how the contract will be administered. [Executing] PMI@, PMBOK@ Guide, 2013, 357, 382
NEW QUESTION: 2
ABC Enterprise has operations in the US and its headquarters in the UK. They share the same chart of accounts, accounting calendar, accounting method, and ledger-processing options. UK management requires reporting on receivables from its US operations in GBP each month. Identify the best option for the US operations to report to their parent.
A. Create a journal-level reporting currency for every transaction.
B. Create an account-level reporting currency.
C. Create a balance-level reporting currency and run general ledger translation.
D. Create asubledger-level reporting currency.
Answer: D
NEW QUESTION: 3
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A. indicates when remote control battery is low
B. manages Microsoft OCS servers
C. available as a software only
D. for network monitoring support. Can only integrate HP OpenView
Answer: B
NEW QUESTION: 4
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A. Purchasing
B. Receivables
C. General Ledger
D. Payables
E. Assets
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