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NEW QUESTION: 1
An invoice for $100 has revenue deferred due to unmet payment based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 has been issued against this Invoice. Explain how revenue accounting will occur.
A. Unearned revenue will be debited for $50.
B. Unearned revenue will be credited for $100.
C. Earned revenue will be credited for $50.
D. Earned revenue will be debited for $50.
Answer: A
Explanation:
If you issue a credit memo against an invoice that had revenue automatically deferred upon import, then the impact of the credit memo differs depending on the original reason for the revenue deferral.
Payment-based contingencies: If revenue on this invoice was deferred due to unmet payment-based contingencies, then Receivables always debits the unearned revenue account for the full amount of the credit memo, according to the initially assigned revenue scheduling rules.
Reference: Modifying Invoices with Deferred Revenue: Explained

NEW QUESTION: 2
CPM stands for "cost per thousand impressions" which is a measurement of how much money you will pay to Google Play if adverting in your app reaches 1milion viewers or visitors.
A. False
B. True
Answer: A

NEW QUESTION: 3
Which two options are reasons for positioning a solution component early on within an implementation roadmap? (Choose two.)
A. Difficult to implement
B. Has few or no dependencies
C. Generates cash quickly
D. Expensive to implement
Answer: B,C

NEW QUESTION: 4
A major strategic change has occurred and you are managing the change at portfolio level. You are currently performing gap analysis and you receive information on a stakeholder that is extremely unhappy with how the change will be handled in your portfolio. What should be your best course of action?
A. Escalate the issue to steering committee before any further damage happens
B. Check the Communication Strategy matrix and ignore the stakeholder if he lies in the lower quadrants
C. Perform prioritization analysis in order to position the change with relations to other changes
D. Perform Stakeholder Analysis
Answer: D

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