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- Exam Code: CFCS
- Exam Name: Financial Crime Specialist
- Version: V12.35
- Q & A: 70 Questions and Answers
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NEW QUESTION: 1
What setting is defined with a movement type in SAP Materials Management? Please choose the correct answer.
A. Valuation class.
B. Count group
C. Account modification
D. Valuation area
Answer: C
NEW QUESTION: 2
All the following are processes in project procurement management EXCEPT______________
A. Terminate procurements
B. Close procurements
C. Control procurements
D. Plan procurement management
Answer: A
Explanation:
Termination is a word used to define a contract ending through mutual agreement by both parties,
the default of one party, or for the convenience of the buyer. [Closing]
PMI@, PMBOK@ Guide, 2013, 355, 387
NEW QUESTION: 3
Welche SAP NetWeaver-Komponente sorgt für eine unternehmensweite Vereinheitlichung von Daten und Informationen in heterogenen IT-Umgebungen?
A. Stammdatenverwaltung
B. Unternehmenssuche
C. Enterprise Portal
D. Wissensmanagement
Answer: A
NEW QUESTION: 4
Grum Corp., a publicly-owned corporation, is subject to the requirements for segment reporting. In its
income statement for the year ended December 31, 1991, Grum reported revenues of $50,000,000,
operating expenses of $47,000,000, and net income of $3,000,000. Operating expenses include payroll
costs of $ 15,000,000. Grum's combined identifiable assets of all industry segments at December 31,
1 991, were $40,000,000.
In its 1991 financial statements, Grum should disclose major customer data if sales to any single
customer amount to at least:
A. $300,000
B. $5,000,000
C. $1,500,000
D. $4,000,000
Answer: B
Explanation:
Choice "d" is correct. $5,000,000 (10% x $50,000,000 revenue). If revenue from a single external
customer is 10% or more of total revenue, then the company should disclose this fact, the total amount of
revenue from the customer, and the segment or segments reporting the revenues. The identity of the
customer need not be disclosed.
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