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NEW QUESTION: 1
A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;
A. unidentified
B. on-account
C. applied
D. unapplied
E. partially applied
Answer: D
Explanation:
Explanation: http://www.scribd.com/doc/27318827/1Z0-216-Oracle-EBS-R12-General- Ledger-and-Receivables-Fundamentals
NEW QUESTION: 2
When performing an engagement to review a nonissuer's financial statements, an accountant most likely
would:
A. Ask about actions taken at board of directors' meetings.
B. Limit the distribution of the accountant's report.
C. Obtain an understanding of the entity's internal control.
D. Confirm a sample of significant accounts receivable balances.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. A review is based on inquiry and analytical procedures. The accountant should
inquire about actions authorized by the stockholders, the board of directors, or other management groups.
Choice "A" is incorrect. The accountant is not required to obtain an understanding of internal control in a
review engagement under SSARS. An understanding would be required in an audit or in a review of the
interim financial statements of a public entity, conducted under auditing (PCAOB) standards.
Choice "B" is incorrect. Distribution of a review report is not limited; however, each page of the financial
statements should be marked, "See Accountant's Review Report."
Choice "C" is incorrect. Confirmation is an auditing procedure used to corroborate stated account
balances. A review is based on inquiry and analytical procedures, and would not include confirmation of
balances.
NEW QUESTION: 3
What is the recommended way to power up VxRail G Series node?
A. Power up nodes in the following sequence: one, two, three, four.
B. Ensure System Health indicator blinks amber for 10 minutes after power on.
C. Wait at least 30 seconds between powering up each node.
D. Use the BMC interface to power cycle each node
Answer: A
Explanation:
Explanation/Reference:
Reference https://www.emc.com/collateral/guide/h15300-vxrail-network-guide.pdf (page 23)
NEW QUESTION: 4
Scope Item Level Implementation and Configuration for Procurement
Which document defines the requirements of a material or service?
A. Purchase contract
B. Purchase order
C. Purchase requisition
D. Request for price
Answer: B
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