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NEW QUESTION: 1
A customer has provided a purchase order for $100k. The customer issues an additional $20k to the original purchase order. How would you invoice the total amount of $120k on only one invoice as per the terms of the contract?
A. Update the existing agreement value to $120k and add an additionalfunding line against the project for $20k.
B. Update any existing transactionsto allow billing to the new amount.
C. Create a separateagreement and funding for $20k.
D. Createa manual invoice in Accounts Receivable for the additional value.
E. Update the cost budget to $l20k.
Answer: C

NEW QUESTION: 2

A. Option C
B. Option D
C. Option A
D. Option B
Answer: A

NEW QUESTION: 3
The AIMR Performance Presentation Standards require that firms report, at a minimum, ________ years of performance to claim compliance with the standards.
A. ten
B. two
C. fifteen
D. seven
E. five
F. one
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The AIMR-PPS require that firms report, at a minimum, 10 years of investment performance (or performance since the inception of the firm if inception is less than 10 years) to claim compliance with the Standards.