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NEW QUESTION: 1
Your company has enabled commitment accounting.
You need to identify which purchasing scenarios in your company should use the commitment accounting feature.
In which two situations should you use encumbrance? Each correct answer presents a complete solution.
(Choose two.)
A. for emergency purchases
B. for month utility payments
C. to make internal purchases
D. to repair services
Answer: B,C
Explanation:
Section: (none)

NEW QUESTION: 2
Which of the following does not affect the public offering price of a new issue?
A. dividend projections for the next year
B. anticipated earnings of the issuer in the next year
C. the selling group's determination of value in the prevailing market conditions
D. the book value of the issuer
Answer: C
Explanation:
Explanation/Reference:
Explanation: the selling group's determination of value in the prevailing market conditions. The offering price is determined by factors related to the issuer.

NEW QUESTION: 3
Which statement about SNMPv2 is true?
A. Its authentication and privacy algorithms areenabled without default values.
B. It requires passwords at least eight characters in length.
C. Its privacy algorithms use MD5 encryption by default.
D. It requires passwords to be encrypted.
Answer: C