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Exam Code: CFE-Law Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following is incorrect?
A. The directors of a newly registered company cannot also act as directors of another company.
B. A company cannot be registered with the same name as a company already on the register.
C. In order to register a company, promoters must include a Memorandum of Association in the documents submitted to the Register of Companies.
D. For a company with a share capital, the application for registration must contain a statement of capital and initial shareholdings.
Answer: A

NEW QUESTION: 2
What must be either mapped manually as part of your Customizing or using SAP Master Data Governance?
A. Short-living cost
B. G/L accounts
C. Vendors
D. Customers
Answer: B,C,D

NEW QUESTION: 3
What is the key strategic issue when a firm is considering capacity expansion?
A. Identifying options.
B. Analyzing the behavior of competitors.
C. Forecasting long-term demand.
D. Avoiding industry overcapacity.
Answer: D
Explanation:
Whether to expand capacity is a major strategic decision because of the capital required, the difficulty of forming accurate expectations, and the long time frame of the lead times and the commitment. The key forecasting problems are long-term demand and behavior of competitors. The key strategic issue is avoidance of industry overcapacity. Under capacity in a profitable industry tends to be a short-term issue. Profits ordinarily lure additional investors. Overcapacity tends to be a long-term problem because firms are more likely to compete intensely rather than reverse their expansion.


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