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NEW QUESTION: 1
What are balanced sheets and income statements linked by?
A. Retained earnings
B. Net income
C. Expenses
D. Investing activities
Answer: A
NEW QUESTION: 2
You want to be able to maintain a new partner function in the customer role of the business partner master and have it copied as a proposal to the sales order. How do you achieve this? There are 2 correct answers to this question.
A. Mark the new partner function as relevant for sales documents and customer role of the business partner master.
B. Ensure that the customer role of the business partner master is the source for the new partner function in the sales order
C. Include the new partner function in the relevant copy control from the customer role of the business partner master to sales documents
D. Include the new partner function in the partner determination procedure of the relevant account group
Answer: C,D
NEW QUESTION: 3
SDF is a quoted company that has a large internal audit department.
Which of the following would impair the independence of SDF's internal audit?
A. Internal audit staff salaries are linked to a company-wide salary scheme.
B. Junior internal audit staff are recruited directly from university. They spend two years with the company before moving into other departments within SDF.
C. The head of internal audit reports directly to SDF's chief accountant.
D. It is left to the individual members of the internal audit department to report any conflicts of interest associated with a proposed investigation to which they have been assigned.
E. Internal audit staff receive a bonus whenever they discover a compliance error.
Answer: B,C,E
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