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NEW QUESTION: 1
Your customer runs an SAP system with New General Ledger Accounting activated. They
want to run a valuation of accounts receivable that are posted in foreign currency.
What do you have to do?
Please choose the correct answer.
Response:
A. Set up a valuation method and assign it to a valuation area.
B. Set up the Valuation Cockpit to perform this task.
C. Set up a new exchange rate type and assign it to a valuation method.
D. Assign a valuation method to all customer master records that you want to valuate.
Answer: A

NEW QUESTION: 2
Which form of services is responsible for defining and consuming
semantically rich data models?
Please choose the correct answer.
Choose one:
A. Modell-II services
B. ITe services
C. Conditional services
D. Core Data Services
Answer: D

NEW QUESTION: 3
What is the effect when a foreign competitor's currency becomes weaker compared to the U.S. dollar?
A. The foreign company will have an advantage in the U.S. market.
B. It is better for the U.S. company when the value of the U.S. dollar strengthens.
C. The foreign company will be disadvantaged in the U.S. market.
D. The fluctuation in the foreign currency's exchange rate has no effect on the U.S. company's sales or
cost of goods sold.
Answer: A
Explanation:
Choice "a" is correct. As a foreign competitor's currency becomes weaker compared to the U.S. dollar, the
product becomes less expensive in U.S. dollars. The less expensive product will have the advantage in
the U.S. market. Choice "b" is incorrect. As a foreign competitor's currency becomes weaker compared to
the U.S. dollar, the product becomes less expensive in U.S. dollars. The less expensive product will have
the advantage in the U.S. market, not a disadvantage. Choice "c" is incorrect. Foreign currency exchange
rates impact both sales and possibly cost of goods sold of a competing domestic company. Sales within
U.S. markets will deteriorate as the currency of foreign competitors deteriorates and makes the domestic
company's goods more expensive. As a foreign competitor's currency appreciates, sales within U.S.
markets by a domestic company should also increase as goods manufactured in the U.S. become less
expensive. Cost of goods sold may fluctuate if foreign suppliers are used.
Choice "d" is incorrect. It is better for a U.S. company when the value of the U.S. dollar weakens, not
strengthens. A weak U.S. dollar makes domestic goods relatively less expensive that imported goods.