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NEW QUESTION: 1
Unrealistically optimistic assumptions about collectability of receivables and loans is an example of
A. Following GAAP but selecting alternatives within GAAP that bias or distort reported results to achieve a desired outcome.
B. Stretching accounting principles to achieve a desired outcome.
C. Using unrealistic or inappropriate estimates and assumptions to achieve a desired outcome.
Answer: C

NEW QUESTION: 2
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
A. You can create multiple approvers for the same manager.
B. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
C. The alternate approver must be a part of the regular plan hierarchy.
D. The highest Approval sequence is the final approver.
Answer: A,B,D
Explanation:
Explanation
By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. The alternate approver does not have to be a part of the regular plan hierarchy. You can create multiple approvers for the same manager by identifying the specific individuals and using the approval sequence to determine the order in which approvals occur. The highest sequence is the final approver.
Alternate hierarchies are commonly used when approval control transitions from managers to the HR department.

NEW QUESTION: 3
You create a new mailbox record for a user.
You define the synchronization methods for incoming and outgoing email, contacts, tasks, and appointments.
You need to ensure that the mailbox can send and receive email.
Which two actions should you perform? Each correct answer presents part of the solution.
A. Configure the Apply Default Email Settings setting.
B. Set the Is Forward Mailbox setting to No.
C. Configure the Test & Enable Mailboxes setting.
D. Configure the Approve Email setting.
E. Set the Is Forward Mailbox setting to Yes.
Answer: C,D