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NEW QUESTION # 125
Which of the following statements is true regarding an organization's servers?
Answer: C
NEW QUESTION # 126
The following information applies to an entity. Purchases Sales:
A cash payment equal to 40% of purchases is made at the time of purchase, and 30% is paid in each of the next 2 months. Purchases for the previous November and December were US $150,000 per month. Payroll is 10% of sales in the month it occurs, and operation expenses are 20% of the following month's sales July sales were US $220,000). Interest payments were US , " x,000 paid quarterly in January and April.
What were the entity's cash disbursements for the month of April?
Answer: C
Explanation:
The cash disbursements for the month of April include 40% of April purchases, 30% of March purchases, 30% of February purchases, April payroll 10% of April sales), operating expenses 20 I of May sales), and an interest payment of US $20.000.
NEW QUESTION # 127
In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?
Answer: D
NEW QUESTION # 128
Assuming that the real rate of interest is the same in both countries, if Country A has a higher nominal interest rate than Country B, the currency of Country A will likely be selling at a:
Answer: C
Explanation:
If the real rates of interest are equal, the country with the higher nominal interest rate is expected to experience a higher rate of inflation. A higher rate of inflation is associated with a devaluing currency, so the currency of the country with the higher nominal interest rate will likely be selling at a forward discount.
NEW QUESTION # 129
When is an organic organizational structure likely to be more successful than a mechanistic organizational structure?
Answer: B
NEW QUESTION # 130
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