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NEW QUESTION: 1
Section C (4 Mark)
You are considering adding a new product to your firm's existing product line. It should cause a 15 percent increase in your profit margin (i.e., new PM = old PM x 1.15), but it will also require a 50 percent increase in total assets (i.e., new TA = old TA x 1.5). You expect to finance this asset growth entirely by debt. If the following ratios were computed before the change, what will be the new ROE if the new product is added and sales remain constant?
A. 53%
B. 20%
C. 46%
D. 40%
Answer: B
NEW QUESTION: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are configuring the year-end setup in Dynamics 365 for Finance and Operations.
You need to configure the year-end setup to meet the following requirements:
The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year's Period 13.
The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.
All dimensions from profit and loss must carry over into the retained earnings.
All future and previous periods must have an On Hold status.
Solution:
Configure General ledger parameters.
- Set the Delete close of year transactions option to No.
- Set the Create closing transactions during transfer option to No.
- Set the Fiscal year status to permanently closed option to No.
Define the Year-end close template.
- Designate a retained earnings main account for each legal entity.
- Set the Financial dimensions will be used on the Opening transactions option to No.
- Set the Transfer profit and loss dimensions' option to Close All.
Set future Ledger periods to a status of On Hold.
Does the solution meet the goal?
A. Yes
B. No
Answer: B
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
NEW QUESTION: 3
An IT auditor is reviewing the data classification for a sensitive system. The company has classified the data stored in the sensitive system according to the following matrix:
DATA TYPECONFIDENTIALITYINTEGRITYAVAILABILITY
---------------------------------------------------------------------------------------------------------------- FinancialHIGHHIGHLOW Client nameMEDIUMMEDIUMHIGH Client addressLOWMEDIUMLOW
----------------------------------------------------------------------------------------------------------------- AGGREGATEMEDIUMMEDIUMMEDIUM The auditor is advising the company to review the aggregate score and submit it to senior management. Which of the following should be the revised aggregate score?
A. HIGH, MEDIUM, LOW
B. MEDIUM, MEDIUM, LOW
C. HIGH, HIGH, HIGH
D. MEDIUM, MEDIUM, MEDIUM
Answer: C
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