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NEW QUESTION: 1
You are explaining the Sales Order Management business process in SAP ERP to a colleague.
Which Sales Order Management business process transaction, in SAP ERP, creates a financial accounting document?
A. Calculate cost on a sales order
B. Create a billing document
C. Create a sales order
D. Release a sales order
Answer: B
NEW QUESTION: 2
Changing to a just-in-time, from a traditional, manufacturing environment can affect cost accounting systems.
Which of the following statements is correct?
A. A greater number of individual supplier records must be maintained
B. More frequent, smaller deliveries from suppliers must be recorded
C. Larger volumes of inventory must be recorded
D. Less frequent, larger deliveries from suppliers must be recorded
Answer: B
NEW QUESTION: 3
Which of the following persons is required to maintain its records in accordance with state dictates and meet the minimum net capital requirement imposed by the state?
I. federal covered adviser
II. state-registered investment adviser III. investment adviser representative
A. I and II only
B. II and III only
C. I, II, and III
D. II only
Answer: D
Explanation:
Explanation/Reference:
Explanation: Only the investment adviser that is required to register with the state must maintain its records in accordance with state dictates and meet the minimum net capital requirement imposed by the state. A federal covered adviser is registered with the SEC and need only execute a notice filing with the state. Its record-keeping rules and net capital requirement are dictated by the SEC. An investment adviser representative must register with the state, but there are no record-keeping or minimum net capital requirement dictates for representatives.
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