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NEW QUESTION: 1
A. Option C
B. Option A
C. Option D
D. Option B
Answer: D
NEW QUESTION: 2
The billing Specialist creates an adjustment for an INCORRECT invoice and sends it for approval through the review and Manage Transaction link in the Billing Work Area. Since the adjustment amount is above approval limit, it is routed to the Billing Manager. What is the status of the Adjustment when the approver sees the adjustment in his Work Queue?
A. Pending Approval
B. Waiting Approval
C. Pending Research
D. Approval Required
Answer: B
Explanation:
When you enter adjustments outside your approval limits for the currency of the item that you are adjusting, Receivables creates the pending adjustment in the Approve
Adjustments form with a status of Waiting Approval. Adjustment with the waiting approval can only be approved by users with the appropriate approval limit of currency of the item you are adjusting.
NEW QUESTION: 3
A technician needs to run a cable for a new computer and the requirement is CAT6. Which of the following wiring connectors should the technician use when terminating the cable?
A. RJ-12
B. ST
C. BNC
D. F-connector
E. RJ-45
Answer: E
NEW QUESTION: 4
Under the ISDA MA, which of the following terms best describes the netting applied upon the bankruptcy of a party?
A. Chapter 11
B. Multilateral netting
C. Closeout netting
D. Payment netting
Answer: C
Explanation:
Explanation
Netting is the ability to set just the net balances when amounts are both owed and due. Netting can take many forms. Payment netting is netting between counterparties that owe moneys to each other in the same currency under the same transaction (or master agreement). Closeout netting is when parties settle a net amount for the value of all outstanding transactions upon the occurrence of an event of default such as bankruptcy. Multiateral netting involves a third party that sets off exposures across counterparties that owe moneys to each other.
Closeout netting under the ISDA master agreement enables a party to terminate transactions early if an Event of Default or Termination Event occurs in respect of the other party. It involves the calculation and netting of the termination values of all transactions to produce a single amount payable between the parties. Closeout netting is therefore the correct answer.