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

NEW QUESTION: 2

A. Option B
B. Option C
C. Option D
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. five
B. ten
C. seven
D. one
E. two
F. fifteen
Answer: B
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.