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NEW QUESTION: 1

A. Option B
B. Option A
C. Option C
D. Option D
Answer: C

NEW QUESTION: 2
Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)
A. Regrouping and sorting of payables and receivables
B. Credit check and rating of open items
C. Adjustment postings for changed reconciliation accounts
D. Open item analysis for liquidity forecast
Answer: A,C

NEW QUESTION: 3
A cash amount of GBP 5,909,658.47 lent on a Thursday until the second Monday (just over 1 week later) at a rate of 2.973%, would attract:
A. 13 days of interest and a cash interest amount of GBP 6344.51
B. 11 days of interest and a cash interest amount of GBP 5294.89
C. 7 days of interest and a cash interest amount of GBP 3369.48
D. 9 days of interest and a cash interest amount of GBP 4392.35
Answer: B