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NEW QUESTION: 1

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

NEW QUESTION: 2

A. Option A
B. Option B
C. Option D
D. Option C
Answer: A,C
Explanation:
D: Periodic journals are sometimes called recurring journals because the amount, text, and other information are
repeated each time that the journal is posted. When you create the journal, you specify the period interval for the
recurrence, such as days or months. You also specify the number of periods for which the journal will be posted.
A: For example, an insurance company offers your organization a discount for prepaying the insurance policy for an
entire year. The payment is posted to an asset account such as prepaid insurance. You then amortize your monthly
insurance expense throughout the year by creating a periodic journal that contains a credit to the prepaid insurance
account and a debit to an insurance expense account.
Reference: Create and post a periodic journal [AX 2012]

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NEW QUESTION: 4
For Attribute Data, Process Capability is defined as the average proportion of nonconforming products.
A. True
B. False
Answer: A


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