CIMA F3 Q&A - in .pdf

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NEW QUESTION: 1
Where do the values for the currency conversion difference account1 and account2 come from?
A. From reconciliation of automatic journals. Account1 records differences from BS accounts; account2 records differences from PL accounts.
B. From active/passive reconciliation. The positive or negative difference is calculated from the Balance Sheet.
C. From reconciliation of the reported version. The differences are recorded in the integrated reserves when using the current method.
D. Fromreconciliation of automatic journals. The differences are recorded in the non- integrated reserves when using the current method.
Answer: B

NEW QUESTION: 2
You work as a professional Computer Hacking Forensic Investigator for DataEnet Inc. You want to investigate e-mail information of an employee of the company. The suspected employee is using an online e-mail system such as Hotmail or Yahoo.
Which of the following folders on the local computer will you review to accomplish the task?
Each correct answer represents a complete solution. (Choose all that apply.)
A. History folder
B. Temporary Internet Folder
C. Cookies folder
D. Download folder
Answer: A,B,C

NEW QUESTION: 3
For Supplier Performance Management, which of the following is the best practice adoption based on
Average Annual Savings?
Please choose the correct answer.
Response:
A. Suppliers performances are measured on a regular basis to review if they are meeting contract terms and to gain leverage in negotiation
B. None of the above
C. Organization has real-time visibility into supplier performance and related risks for pro-active improvements
D. System tracks quantitative (price, delivery) and qualitative (quality, service) KPIs of supplier performance; performance is regularly communicated to supplier
Answer: D

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