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NEW QUESTION: 1
Which of the following functions does the scheduling agreement with release documentation enable? There are 2 correct answers to this question.
A. Use release creation profiles to control the generation of forecast and Just-in-Time delivery schedules
B. Generate forecast delivery schedules automatically using MRP
C. Generate both Just-in-time and forecast delivery schedules
D. Generate Just-in-Time delivery schedules only
Answer: A,C

NEW QUESTION: 2
A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?
A. Manage common options for Payables and Procurement and Manage Procurement agents
B. Manage Payable Options and Manage common options for Payables and Procurement
C. Manage Payable Options and Manage Invoice Options
D. Manage Invoice Options and Manage Procurement agents
E. Manage Invoice Options and Manage common options for Payables and Procurement
Answer: C
Explanation:
Explanation/Reference:
You can change the conversion rate type at invoice entry or payment creation time.
References: https://docs.oracle.com/cloud/latest/financialscs_gs/FAIPP/FAIPP1470345.htm

NEW QUESTION: 3
Which of the following best defines an engagement conclusion?
A. An auditor's professional judgment of the situation which was reviewed.
B. An opinion that must be included in the engagement final communication.
C. A recommendation for corrective action.
D. An auditor's determination of the cause of an engagement observation.
Answer: A

NEW QUESTION: 4
As part of an operational audit, an auditor compared records of current inventory with usage during the prior two-year period and determined that the spare parts inventory was excessive. What step should the auditor perform first?
A. Determine whether a clear policy exists for setting inventory limits.
B. Determine who approved the purchase orders for the spare parts.
C. Determine whether purchases were properly recorded.
D. Determine the effects of a stock-out on the organization's profitability.
Answer: A