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NEW QUESTION: 1
A medium-sized multinational company based in US has two business groups (B6), BGI (for US) and B62 (for Europe), with position approval hierarchies HI and H2, respectively.
The company has a policy that only the Controllers and those above them can approve capital Items on requisitions and purchase orders. However, the Purchase Manager (who reports to the Controller) must also be able to authorize capital purchases.
The account range for capital items is: 2000-2599.
The relevant approval limits are:
1) Purchase Manager in both BGs: $100,000
2) Controller in BGI: $500,000
3) Controller in BG2: $200,000
Which two options represent a valid and efficient approval process? (Choose two.)
A. An employee in BG2 raises a capital requisition for $250,000, which is verified by the employee's manager and then forwarded to the group Controller in BG2 who approves it.
B. The Purchase Manager in BG2 raises a requisition for $5000 for computer equipment. The Controller in B62 approves it and instructs the buyer to ensure a 2-year warranty on this equipment. The buyer in BG2 places the order on the supplier.
C. A buyer in BG2 raises a purchase order for $10,000 with charge for inventory items to be stocked in an asset subinventory. The Purchase Manager in BG2 verifies and forwards it to the Controller in BG2.
D. An employee in B62 raises a requisition for $5000. This is verified by the employee's manager and forwarded to the group Controller in BGI who approves it.
E. The shop floor supervisor in BGI raises a requisition for a new drilling machine for $250,000. The supervisor's manager (Production Manager) verifies the requisition and forwards it to the Controller in BGI for a final approval.
F. The buyer hi BGI raises a standard purchase order for $250,000 with the charge account 2106. The Purchase Manager verifies it and forwards it to the controller in BGI who approves it.
Answer: B,F

NEW QUESTION: 2
Comfort letters ordinarily are addressed to:
A. Creditor financial institutions.
B. The Securities and Exchange Commission.
C. The client's audit committee.
D. Underwriters of securities.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Comfort letters (containing comments on data that have not been audited) ordinarily
are addressed to underwriters of securities, and most likely convey negative assurance on financial
information.
Choice "A" is incorrect. The SEC is not the addressee.
Choice "C" is incorrect. Creditor financial institutions are not the addressees.
Choice "D" is incorrect. While the client (or its audit committee) may receive a copy, ordinarily comfort
letters are addressed to the underwriters.

NEW QUESTION: 3
UESTION NO: 432 Your network contains an Active Directory domain named contoso.com. The domain
contains a server named Server1.
Server1 runs Windows Server 2012 R2 and has the Hyper-V server role installed.
You have a virtual machine named VM1. VM1 has a checkpoint.You need to modify the
Checkpoint File Location of VM1.
What should you do first?
A. Delete the checkpoint
B. Copy the checkpoint file
C. Pause VM1
D. Shut down VM1
Answer: A