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NEW QUESTION: 1
Which of the following represents an entity's average gross receivables balance?
I. Days' sales in receivables x accounts receivable turnover.
II. Average daily sales x average collection period.
III.
Net sales/average gross receivables.
A. II only.
B. I only.
C. I and II only.
D. II and III only.
Answer: A
Explanation:
An entity's average gross receivables balance can be calculated by multiplying average daily sales by the average collection period days' sales outstanding). Alternatively, annual credit sales can be divided by the accounts-receivable turnover net credit sales/average accounts receivable) to obtain the average balance in receivables.

NEW QUESTION: 2
In Configuration, what would you use to display the price of each option in a menu attribute next to that option?
A. Recommended Item rule
B. Attribute Value Pricing
C. Pricing rule
D. Recommendation rule
Answer: A

NEW QUESTION: 3
You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry. Which actions do you have to perform? There are 2 correct answers to this question.
A. Create the user-defined characteristic and add it to the operating operating concern.
B. Generate the operating concern.
C. Maintain the proper derivation rules in transaction KEDR.
D. Activate the COPA append structure in ACDOCA
Answer: A,B

NEW QUESTION: 4
You find that a customer has logs outside of the default destination defined by the built-in log source definition.
How should they edit a built-in log source?
A. A user cannot edit built-in log sources.
B. Highlight the built-in log source and use Create Like to edit.
C. Delete the built-in log source and deploy a new agent.
D. Use the Edit option under configuration menu.
Answer: D