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NEW QUESTION: 1
You need to track and report the Store Close Date for all of the stores in your company in your block storage option database. Store close date will vary by store over time.
Which three solutions would allow you to do this?
A. Varying attribute with 2 Independent dimensions, Periods and Fiscal Year
B. Varying attribute dimension with an Independent dimension of Time where Time contains both the Years and Months in the same dimension
C. Measure called Store Close Date with a data type of date
D. User Defined attribute Store Close Date assigned to each store
E. Attribute dimension based on Store
Answer: A,D,E

NEW QUESTION: 2
Which statement best describes the available search preference(s)?
A. You can search for whole words only, using 'whole words only' check box
B. You can specify the word length, specifying the number of characters
C. Only A and B apply
D. You can distinguish between upper and lower case, using 'match case' check box
Answer: C

NEW QUESTION: 3
Assume that employees confessed to a US $500,u-ui-1i- inventory theft but are not able to make restitution. How should this material fraud be shown in the company's financial statements?
A. Recorded directly to retained earnings because it is not an income-producing item
B. Initially classified as an accounts receivable because the employees are responsible for the goods. Because they cannot pay, the loss would be recognized as a write-off of accounts receivable.
C. Classified as a loss and shown as a separate line item in the income statement.
D. Included in cost of goods sold because the goods are not on hand, losses on inventory shrinkage are ordinary, and it would cause the least amount of attention.
Answer: C
Explanation:
Expenses include losses. Their essential nature is the same, and they are not treated as separate financial statement elements. Losses may or may not occur in the course of ordinary activities. For example, they may result from nonreci procal transactionse.g. theft), reciprocal transactionse.g.. a sale of plant assets), or from holding assets or liabilities. Losses are typically displayed separately.

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