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NEW QUESTION: 1
Which three transaction types can you use to dispose of an asset? Each correct answer presents a complete solution.
A. Write off
B. Extraordinary depreciation
C. Provision for reserve
D. Scrap
E. Sale
Answer: A,D,E
Explanation:
BDE: There are three ways to create a disposal transaction:
* Fixed Assets write-off - This transaction is entered in the fixed assets journal, and the write-off transactions for the
booked value and booked depreciation for the asset are created. The status of the asset changes to Written off
* Leaving (sale) - This transaction represents a fixed asset sale and can be entered in Accounts receivable or in the
fixed assets journal. Several transactions are created in the ledger, based on the posting profile configuration. The
status of the asset changes to Written off (sale).
* Leaving (dismantlement) - This transaction is entered in the fixed assets journal. Transactions are created in the
ledger, and the remaining value of the asset after it has been dismantled is transferred to the warehouse. The status
of the asset changes to Written off (dismantlement).
Reference: Fixed asset disposal [AX 2012]
DE: This information explains how to set up transactions for disposing of assets by selling or scrapping them.
In the Fixed asset posting profiles form, on the Ledger accounts FastTab, select Disposal - sale and Disposal - scrap to
set up postings to the ledger.
For both transaction types, the ledger account is credited for the disposal value of the fixed asset.
Reference: About fixed asset disposal [AX 2012]
NEW QUESTION: 2
Analyzing the strengths, weaknesses, opportunities, and threats (SWOT) of a project is known as:
A. identifying risks
B. performing measurements analysis
C. calculating cost of quality
D. comparing project benefits
Answer: A
NEW QUESTION: 3
The President of the Medical Staff requests a report on the number of coronary artery bypass grafts performed by a particular physician in April of the previous year. Where would the health information manager look for this information?
A. operation index
B. patient register
C. birth defects register
D. disease index
Answer: A
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