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NEW QUESTION: 1
Which of the following controls most likely would be effective in offsetting the tendency of sales personnel
to maximize sales volume at the expense of high bad debt write-offs?
A. Employees responsible for authorizing sales and bad debt write-offs are denied access to cash.
B. Shipping documents and sales invoices are matched by an employee who does not have authority to
write off bad debts.
C. Employees involved in the credit-granting function are separated from the sales function.
D. Subsidiary accounts receivable records are reconciled to the control account by an employee
independent of the authorization of credit.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Sales personnel will have a tendency to maximize sales volume by selling to
customers that may not be creditworthy, thereby resulting in high bad debt write-offs. To prevent sales to
customers that may not be creditworthy, employees involved in the credit-granting function are separated
from the sales function.
Choice "A" is incorrect. Employees responsible for authorizing sales and bad debt write-offs should be
denied access to cash to prevent the embezzlement of cash, not to prevent them from maximizing sales
volume at the expense of high bad debt write-offs.
Choice "B" is incorrect. This control does not affect the sales department or the tendency to maximize
sales volume at the expense of high bad debt write-offs.
Choice "D" is incorrect. This control does not affect the sales department or the tendency to maximize
sales volume at the expense of high bad debt write-offs.
NEW QUESTION: 2
The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.7580%. As collateral, you are offered EUR 25,000,000.00 nominal of the 5.5% OAT April 2012, which is worth EUR 28,137,500.00.
The Repurchase Price is:
A. EUR 25,080,729.18
B. EUR 25,081,805.55
C. EUR 28,229,572.15
D. EUR 28,228,360.69
Answer: D
NEW QUESTION: 3
About L2TP VPN configuration statement is correct:(Choose three)
A. Dial-up users need access to internal network resources, you must configure the firewall policy template region corresponding virtual interface and internal security network located between areas where security
B. Firewall policies in order to ensure the normal dial-up users log on,you must configure the firewall to receive L2TP tunnel packets security zone where the physical interface between the regions and the Local
C. The LNS L2TP client must configure the IP address of the virtual interface template,and the virtual interface template need to join the security domain
D. If a virtual template interface is added to a safe area,you can directly delete the security zone.
Answer: A,B,C
NEW QUESTION: 4
HOTSPOT
Answer:
Explanation:
Office 365 Business Premium
* Each user can install Office on 5 PCs or Macs, 5 tablets (Windows, iPad, and Android), and 5 phones.
* Online Services include:
Exchange, Sharepoint,Yammer, Skype for Business, etc.
* Office 365 Small Business Premium supports a maximum of 300 users
Reference: https://products.office.com/en-us/business/office-365-business-premium https://products.office.com/en-us/business/office-365-business-premium