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NEW QUESTION: 1
Which of the following elements influence the G/L account determination?
There are 2 correct answers to this question.
A. Chart of accounts
B. Valuation area
C. Controlling area
D. Business area
Answer: A,B

NEW QUESTION: 2
W and Y are very similar entities with the same level of profit before interest and tax. However, W has gearing of 95% and Y has gearing of 30%.
Which of the following statements is true?
A. Investing in W carries a higher level of risk than investing in Y.
B. A greater proportion of profit will be available out of which to declare a dividend in W.
C. Investors in Y will expect a higher return than investors in W.
D. Y has a greater commitment to meet interest payments than W.
Answer: A

NEW QUESTION: 3
During an audit, evidence is required for Service Management policies, plans and procedures. Who should ensure that this evidence is available?
A. the Business Relationship process owner
B. the Service Level Manager
C. the Senior responsible owner
D. the Auditor
Answer: C

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