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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 any existing transactionsto allow billing to the new amount.
B. Createa manual invoice in Accounts Receivable for the additional value.
C. Update the existing agreement value to $120k and add an additionalfunding line against the project for $20k.
D. Create a separateagreement and funding for $20k.
E. Update the cost budget to $l20k.
Answer: D

NEW QUESTION: 2

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

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. seven
C. one
D. five
E. fifteen
F. two
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.