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NEW QUESTION: 1
A company produces trays of pre-prepared meals that are sold to restaurants and food retailers. Three varieties of meals are sold: economy, premium and deluxe.


Discuss the benefits of flexible budgeting for planning and control purposes.
Select all the true statements.
A. If a flexible budget is prepared then the budget variances calculated will provide a better indication of performance since actual results will be compared against an appropriate benchmark.
B. A fixed budget will provide meaningful control information when actual activity differs from budget and variable costs are significant.
C. Reporting against a fixed budget tells management nothing about the efficiency of operations.
D. If actual sales revenue is compared to a fixed budget it is possible to tell whether a favourable sales variance is due to an increase in units sold or an increase in sales price.
E. The fixed budget however provides more insight into actual performance.
F. If sales volumes were well above budget, adverse variable cost variances will probably be reported, against the fixed budget, since more variable costs have to be incurred to support the higher level of activity.
Answer: A,C,F
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-105-3/

NEW QUESTION: 2
Your customer tells you that when they cancel a Purchase Order, the requisition referring to that Purchase Order should also be automatically canceled. Identify the setup that needs to be performed to fulfill this requirement.
A. In the "Configure Procurement Business Function" task, select the "Allow Item Description Update" check box.
B. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Always.
C. In the "Configure Requisitioning Business Function" task, set the "Cancel Backing Requisitions" value to Never.
D. In the "Configure Requisitioning Business Function" task, select the "Create orders immediately after requisitioning import" checkbox.
E. Automatic cancellation of requisition is not possible. Therefore, the customer must manually cancel the requisition after cancelling the Purchase Order.
Answer: B
Explanation:
Cancel Backing Requisitions controls whether a backing requisition should be canceled when there is purchase order cancellation.
References:
https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRO/F1061043AN3FFA8.htm#F1061014AN40D05

NEW QUESTION: 3
SAP S / 4HANA Cloud Configuration and Integration
Which activity does the expert configuration allow?
A. Creation of new processes in customer owned area
B. Adaptation of editable fields within SAP Best Practice content
C. Customization of SAP objects by the SAP Service Center
D. Deletion of SAP Best Practices content before Quality system activation
Answer: A

NEW QUESTION: 4
Which privilege is assigned to the vsadmin-backup role?
A. configuring SnapMirror relationships between clusters
B. configuring LIFs for cluster peering
C. managing Snapshot copies
D. managing volumes
Answer: C