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NEW QUESTION: 1
You need to override the profit and loss account to which the physical inventory is posted in the general ledger.
Which type of inventory journal should you use?
A. Profit and loss
B. Transfer
C. Movement
D. Inventory adjustment
Answer: D
Explanation:
The Inventory adjustment or Profit/Loss journal is generally used to write-off inventory or to make standard adjustments. It is an inventory adjustment journal for items lost, broken, or justfound where item value and quantity must be updated to keep inventory accuracy. This kind of journal automatically applies financial transactions to preset accounts for profit and loss. This journal was known as Profit and Loss journal in earlier versions of AX prior to AX 2012.
NEW QUESTION: 2
A 14-year-old boy has had diabetes for 7 years. He takes 30 U of NPH insulin and 10 U of regular insulin every morning at 7 AM. He eats breakfast at 7:30 AM and lunch at noon. What time should he expect the greatest risk for hypoglycemia?
A. 3 PM
B. 9 AM
C. 1 PM
D. 11 AM
Answer: D
Explanation:
Explanation/Reference:
Explanation:
(A) This time is incorrect because regular insulin would peak after the teenager has eaten breakfast. (B) This time is incorrect because it is after lunch when the NPH peaks. (C) Regular insulin peaks in 2-3 hours and has a duration of 4-6 hours. NPH insulin's onset is 4-6 hours and peaks in 8-16 hours. Blood sugar would peak after meals and be lowest before meals and during the night. (D) This time is incorrect because it is before the NPH and after the regular insulin peak times.
NEW QUESTION: 3
A. Option D
B. Option A
C. Option B
D. Option C
Answer: A