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NEW QUESTION: 1
Of the following, which one is NOT true concerning a contract?
A. It is a legal relationship subject to remedy in the courts.
B. It includes a specific contract management plan.
C. 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.
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 a balance-level reporting currency and run general ledger translation.
C. Create an account-level reporting currency.
D. Create asubledger-level reporting currency.
Answer: D
NEW QUESTION: 3
What is a characteristic of the Cisco TelePresence Management Suite? Select exactly 1 answer(s) from the following:
A. available as a software only
B. indicates when remote control battery is low
C. manages Microsoft OCS servers
D. for network monitoring support. Can only integrate HP OpenView
Answer: C
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Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle E-Business Suite Release 12 products. Select the Oracle application that is NOT a Subledger Accounting module.
A. Purchasing
B. Assets
C. Receivables
D. Payables
E. General Ledger
Answer: E
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