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NEW QUESTION: 1
A change in credit policy has caused an increase in sales, an increase in discounts taken, a decrease in the amount of bad debts, and a decrease in the investment in accounts
receivable. Based upon this information, the entity's:
A. Accounts receivable turnover has decreased.
B. Working capital has increased.
C. Percentage discount offered has decreased.
D. Average collection period has decreased.
Answer: D
Explanation:
An increase in discounts taken accompanied by declines in receivables balances and doubtful accounts all indicate that collections on the increased sales have been accelerated. Accordingly, the average collection period must have declined. The average collection period is a ratio calculated by dividing the number of days in a year 365) by the receivable turnover Thus, the higher the turnover, the shorter the average collection period The turnover increases when either sales the numerator) increase, or receivables the denominator) decrease Accomplishing both higher sales and a lower receivables increases the turnover and results in a shorter collection on period.
NEW QUESTION: 2
You are evaluating the security of VM1, VM2, and VM3 in Sub2.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
Which statement is true about the security policy in the WebLogic Server domain of the Oracle Java Cloud Service Instance?
A. It must contain only one policy condition.
B. It must contain one or more conditions.
C. It must contain a user condition-
D. It need not contain any condition.
Answer: B
NEW QUESTION: 4
You need to configure fine-grained access control to external network resources from within your database. You create an access control list (ACL) using the DBMS_NETWORK_ACL_ADMIN package.
Which statement is true regarding the ACL created?
A. It is a list of remote database links stored in the XML file that are available to the users of the database.
B. It is a list of users and network privileges stored in the data dictionary according to which a group of users can connect to one or more hosts.
C. It is the list of the host names or the IP addresses stored in the data dictionary that can connect to your database through PL/SQL network utility packages such as UTL_TCP.
D. It is a list of users and network privileges stored in the XML file according to which a group of users can connect to one or more hosts.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
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