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NEW QUESTION: 1
How many hierarchy levels are supported for contract requests with service lines in SAP Ariba Strategic Sourcing Integration vis CIG?
A. 0
B. 1
C. 2
D. 3
Answer: A

NEW QUESTION: 2
You are an administrator for CRM on Demand. You notice that there are separate field setup pages for Asset, Product, and Revenue. You navigate to the Product Field Setup page and create a new field. To which page layout can you add this new Product field?
A. the Product Category administration page
B. The Opportunity Product Revenue Detail page
C. the Product Details administration page
D. The Asset Details page
E. the Lead Product Interest page
Answer: C
Explanation:
Use the Product Edit page to define and manage your company's list of products. The Product Edit page shows the complete set of fields for a product. You can also edit products on the Product Detail page.
Reference: Oracle CRM On Demand Online Help,Product Fields

NEW QUESTION: 3
On January 1, 2003, Mill Corporation leased a machine to Ott Corporation for a 5-year term at an annual rental of $50,000. The lease is an operating lease. At the inception of the lease, Mill received
$ 100,000, covering the first year's rent of $50,000 and a security deposit of $50,000. This deposit will not be returned to Ott upon expiration of the lease but will instead be applied to payment of rent for the last year of the lease. Mill properly reported rental revenue of $100,000 in its 2003 income tax return. Mill's tax rate was 30%. In Mill's December 31, 2003, balance sheet, what portion of the $100,000 should be reported as a liability?
A. $35,000
B. $50,000
C. $40,000
Answer: B
Explanation:
Deposits and prepayments received for services to be provided in the future are unearned revenues that should be recorded as a liability until earned. The first year's rent is recorded as rent revenue, but the $50,000 deposit is recorded as rent collected in advance (unearned rent) because Mill is required to render future services (use of the machine) to the lessee. The rate (30%) does not affect the amount of the liability to the lessee, although a separate future income tax asset may be recorded in certain circumstances.