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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. II and III only.
C. I and II only.
D. I 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. Recommendation rule
B. Recommended Item rule
C. Pricing rule
D. Attribute Value Pricing
Answer: B

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. Generate the operating concern.
B. Create the user-defined characteristic and add it to the operating 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. Delete the built-in log source and deploy a new agent.
B. Highlight the built-in log source and use Create Like to edit.
C. A user cannot edit built-in log sources.
D. Use the Edit option under configuration menu.
Answer: D