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NEW QUESTION: 1
An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order.
You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?
A. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.
B. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.
C. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.
D. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.
Answer: D

NEW QUESTION: 2
The standard goal plan template includes four goal categories. Your customer wants to use only three of
the standard categories. How do you delete a goal category from the goal plan template?
There are 2 correct answers to this question.
Response:
A. Delete all the goal from the unwanted category from the goal plan XML template.
B. Choose the delete icon next to the category name in Admin tools -> Manage Templates.
C. Remove the permission to view the category in the goal plan XML template.
D. Delete the Plan layout section from the goal plan XML template.
Answer: A,B

NEW QUESTION: 3
Which statement is true when a checkin operation is performed by the Content Server?
A. The Last Access Date property is set to the current date and time.
B. The Lock Owner property must match the user name performing the operation before the Lock Owner property is cleared out.
C. The Owner property is set with the user name performing the operation.
D. The Lock Owner property is set with the user name performing the operation.
Answer: B

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