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NEW QUESTION: 1

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

NEW QUESTION: 2
After finalizing an assurance engagement concerning safety operations in the oil mining process, the audit team concluded that no key controls were compromised. However, some opportunities for improvement were noted. Which of the following would be the most appropriate way for the chief audit executive (CAE) to report these results?
A. The CAE should send the final report to operational management and notify senior management and the audit committee that no significant findings were identified.
B. The CAE should notify operational and senior management that the audit engagement was completed with no significant findings to report.
C. The CAE should send the final report to operational management only, as there is no need to communicate this information to higher levels.
D. The CAE should send the final report to operational and senior management and the audit committee.
Answer: A

NEW QUESTION: 3
Given:

What is the result?
A. It throws a runtime exception.
B. Value of Euler = "2.71828"
C. Value of Euler = 2.71828
D. The code does not compile.
Answer: D

NEW QUESTION: 4
In which three modules can a fixed asset be acquired? Each correct answer presents a complete solution.
A. General ledger module
B. Budgeting module
C. Accounts receivable module
D. Inventory module
E. Accounts payable module
Answer: A,B,E
Explanation:
A: Use General ledger to define and manage the legal entity's financial records. The general ledger is a register of
debit and credit entries. These entries are classified using the accounts that are listed in a chart of accounts.
You can allocate, or distribute, monetary amounts to one or more accounts or account and dimension combinations
based on allocation rules. There are two types of allocations: fixed and variable.
Reference: Fixed assets [AX 2012]
B: Use Budgeting to set up, create, and view budgets. Budgeting can include budget control, which you can use to
monitor the budget funds that are available for planned and actual purchases and expenditures. You can create
budget register entries for the original budget, budget transfers, and budget revisions. You can also create budget
register entries for encumbrances and pre-encumbrances for purchases and planned expenditures. Budget register
entries can be created automatically when budgets are transferred to the general ledger from other modules, such as
Project management and accounting or Fixed assets.
Reference: Budgeting [AX 2012]
C: You can set up an integration between Fixed assets and Accounts payable to automatically create fixed assets from
purchase orders or vendor invoices, or automatically post acquisition and acquisition adjustment transactions for fixed
assets.
Reference: Set up Fixed assets and Accounts payable integration [AX 2012]