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NEW QUESTION: 1
Which one of these is a disadvantage of a conceptual framework?
A. It increases the chances of political interference in the development of accounting standards.
B. It replaces the established principles.
C. A single framework is not suitable for all users of financial statements.
D. It mandates the formats of various financial statements.
Answer: C

NEW QUESTION: 2
A company decides to pursue an international assogment program to fill a new position in is new office in
Beijing, China. With the assistance of the human professional, the management team has finalized a list of
job-specific selection crieria of the ideal candidate for the role.
During the interviewing process, the key selection tool utilized was role-playing. Role-playing was done
entirely in Mandarin bases around common business and family situations an expatriate may face. In
addition , role-playing was utilized to show how the candidate had successfully protrayedidentified success
factors in past behavior. Which of the following selection methods was NOT utilized in this scenario?
A. Self-assessment
B. Work sample
C. Situational assessments
D. Interview
Answer: B

NEW QUESTION: 3
During a Procurement Contract implementation, a customer would like to set up approvals for procurement contract documents. The customer has four departments and any contract needs to be approved by all the four department users.
Identify the configuration to fulfill this requirement.
A. Set up one approval group and include the four department users with voting regime as consensus.
B. Set up user group for the four departments and set up individual rules for the four department users.
C. Set up one approval group and include the four department users with voting regime as first responder wins.
D. Set up employee supervisor hierarchy for all four department users and add them to an approval group.
Answer: A