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NEW QUESTION: 1
The finance department of Universal Containers is noticing a decline in profitability, which they attribute to an excessive number of Discounts on opportunities. What can the finance department do to monitor and control opportunity discounting? Choose 2 answers
A. Run a report on opportunities showing list price and discounted price.
B. Ensure that sales management approves discount requests for each opportunity.
C. Limit the number of discounted products that can be added to an opportunity.
D. Create a custom roll-up field to calculate the average product discount for each customer.
Answer: A,B
NEW QUESTION: 2
Your company has a legal entity in the UK, US, and CanadA. They can all share the same chart of accounts but are required to transact and report in their local currency.
What is the minimum number of ledgers you need and why?
A. One, because they can all share the same chart of accounts
B. Two, because the US and Canada can share the same ledger because they are in North America
C. Four, because the UK has statutory requirements and you will need a separate ledger for statutory reporting
D. Three, because each requires a different currency
Answer: A
NEW QUESTION: 3
A manufacturing company is based in Country L whose currency is the L$.
One of the company's products is exported to Country M, a rapidly growing economy, whose currency is the M$.
In the most recent financial year:
* 100,000 units of the product were sold to customers in country M
* The unit selling price was M$12
The spot rate today is L$1 = M$5
The company has an objective of growth in total sales value in L$ of 10% a year.
If the L$ strengthens by 5% next year against the M$, what volume of sales of this product is needed next year to achieve the objective?
A. 104,500 units
B. 110,000 units
C. 115,500 units
D. 105,000 units
Answer: C
NEW QUESTION: 4
A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
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