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NEW QUESTION: 1
Assume that each day an entity writes and receives checks totaling US $10,000. If it takes
5 days for the checks to clear and be deducted from the entity's account and only 4 days for the deposits to clear, what is the float?
A. US TO
B. US $10,000
C. US $(10,000)
D. US $50,000
Answer: B
Explanation:
The float period is the time between when a check is written and when it clears the payer's checking account. Check float results in an interest-free loan to the payer because of the delay between payment by check and its deduction from the bank account. If checks written require one more day to clear than checks received, the net float equals one day's receipts. The entity will have free use of the money for one day_ In this case, the amount is US $10,000.
NEW QUESTION: 2
A company uses Dynamics 365 for Sales.
You need to reduce the number of pre-sales support days that are available based on the days the company is closed for public holidays.
How should you configure the schedule? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
NEW QUESTION: 3
The following class hierarchy is given. What is the expected out of the code?
A. AA
B. CC
C. BC
D. BB
Answer: C
Explanation:
Explanation/Reference: