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NEW QUESTION: 1
HOTSPOT


Answer:
Explanation:

NEW QUESTION: 2
You post a goods receipt into stock for a purchase order item for which the indicator Free item is set. The material has a material master record and a material type for which the quantity and value are updated. The price control parameter has the value Standard price for the material.
To which general ledger accounts are the postings made?
There are 2 correct answers to this question.
Response:
A. GR/IR clearing account
B. Price difference account
C. Stock account
D. Consumption account
Answer: B,C

NEW QUESTION: 3
What are the three Multiple Receipt Creation Methods available?
A. Lock box
B. Standard remittance
C. Factor remittance
D. Manual receipt creation
E. Automatic
Answer: B,C,E
Explanation:
Note: In Receivables, you can apply a receipt to an open debit item before cash is actually received from the bank. Therefore, receipts with a Standard remittance method are considered receipts at risk if they have been confirmed, but not yet cleared. Receipts with a Factored remittance method are at risk if they have not yet been risk-eliminated.

NEW QUESTION: 4
Which of the following is MOST important for an IS auditor to consider during a review of the IT governance of an organization?
A. Decision making responsibilities
B. Funding allocation
C. Defined service levels
D. Risk management methodology
Answer: A